alleryStart learning →Debentures of Rs 10,00,000 are issued at 5 percent discount. Discount allowed is:
ARs 5,000
BRs 50,000
CRs 5,00,000
DRs 1,00,000
Answer & Solution
Correct answer: B. Rs 50,000
Five percent of Rs 10,00,000 is Rs 50,000, which is the discount on issue.
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