A company took over assets worth ₹10,00,000 and liabilities of ₹3,00,000 of another company. Out of the purchase consideration of ₹12,00,000; ₹ 2,00,000 of the bill payable is accepted and the balance is paid by the issue of shares of ₹ 100 each at a 25% premium. How much amount will be credited to Securities Premium Reserve A/c?

₹ 200000

 ₹1000000 was paid through issue of shares of ₹100 each at a premium of 25% means ₹25.
Shares issued= 1000000/125= 8000 Shares
Securtities premium= 8000 X 25= ₹200000