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CUET
Accountancy
Accounting Ratios
On the basis of the following information, answer the question.
Interest on Debentures will be:
₹60,000
₹1,00,000
₹1,20,000
₹2,40,000
Interest on debentures = Debentures x rate of interest/100 = 1200000 x 10/100 = ₹120000