alleryStart learning →Debentures of Rs 2,00,000 are redeemed at 10 percent premium. Cash payable is:
ARs 1,80,000
BRs 2,00,000
CRs 2,20,000
DRs 20,000
Answer & Solution
Correct answer: C. Rs 2,20,000
Premium is Rs 20,000, so redemption costs 2,00,000 + 20,000 = Rs 2,20,000.
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