Question

2. Labnum Ltd. issued 4,000, 12% debentures of 100 each at a discount of 10%. The total amount of
interest for one year will be:
(a) * 43,200
(b) 48,000
(c) 45,300
(d) 50.200
​

Answer 1

Answer:

Interest for full year = 400000*12%=48000