Ard Company Limited purchased assets of a book value of र1,90,000 from another company and agreed to make the payment of purchase consideration by issuing 2,000, 10% debentures of र100 each at a discount of 5%. What will be the issue price of the debentures?

र95

The correct answer is option 3- र95.

Purchase consideration = र1,90,000
debentures  = 2,000
Face value = र100
Discount = 5% 
Discount amount = 100 x 5/100
                           = र5
Issue price = 100- 5
                  = र95