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2,000 debentures of Rs. 100 at Rs. 10 premium are fully paid. Total cash received?
ARs. 2,20,000
BRs. 2,00,000
CRs. 2,02,000
DRs. 1,80,000
Answer & Solution
Correct answer: A. Rs. 2,20,000
Rs. 110 per debenture (50 + 60) times 2,000 gives Rs. 2,20,000.
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