Based on following information answer question: Apex Ltd. issued to public ₹10,00,000, 10% Debentures of ₹100 each at par, redeemable at a premium of 20%. It also issued 10,000, 11% Debentures ₹100 each as collateral security of against bank loan of ₹8,00,000. The company bought building worth ₹50,00,000 from Beta Ltd. against a cheque of ₹20,00,000 and balance by issue of 12% Debentures of ₹100 each at a premium of 20%. |
Number of debentures issued to Beta Ltd. is __________. |
25,000 30,000 41,000 26,000 |
25,000 |
The correct answer is Option (1) - 25,000. Building purchased and ₹30,00,000 paid by issue of 12% Debentures of ₹100 each at a premium of 20%. |