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A company issues 10,000 debentures of Rs 100 at 5 percent discount. What is the total discount?
ARs 5,000
BRs 50,000
CRs 5,00,000
DRs 10,000
Answer & Solution
Correct answer: B. Rs 50,000
The discount is Rs 5 per debenture, and 10,000 debentures give Rs 50,000.
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