6% debentures of 100 each 100000 to be converted into such number of 8% debentures of 50 each amount of interest as before. the amouny of 8% debemtures will be?
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Answer:
b
Explanation:
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Answer:
1500 8% debentures of fv rupees 50 would give 6000 interest
Explanation:
let it be x
1000 6% debenture at the rate 100 fv ----> x debentures 8% of 50 fv
1000×100×6% = 6000 (interest) -----> 6000 (interest)
X × 100 × = 6000
x = 750 at the rate of 100
= 750×2 at the rate of 50
= 1500 at the rate of 50
1500 8% debenture of fv rupees 50 would give 6000 interest
(same as 1000 6% debenture at the rate of 100)
#SPJ3
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