To meet the requirements of funds for starting a new factory, the company issued 50,000, 10% debentures of र10 each and 2000, 8% debentures of र100 each to the vendor of the machinery purchased for र7,00,000.

How many debentures should be issued, if 8% debentures of र100 each are issued at 20% discount amounting to र2,00,000?

2500

Nominal value= र100
Disount= 20% i.e. 100 X20/100= र20
Number of debentures issued = 2,00,000/80 = 2,500