Read the following passage and answer the question. To meet the requirements of funds for starting a new factory, the company issued 50,000, 10% debentures of र10 each and 2,000, 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? |
2,000 2,500 500 1,500 |
2,500 |
The correct answer is option 2- 2,500. Nominal value = र100 Number of debentures issued = 2,00,000/80 |