Question

6. What amount of money does John get
on selling 14% debentures worth Rs.
16000 at 10% discount when the face
value of each debenture is Rs. 100, and
brokerage is 1.5%?
(a) Rs. 14300 (b) Rs. 15184
(c) Rs. 14384 (d) Rs. 14184
​

Answer 1

Answer:

I think c is the correct answer

Answer 2

Answer:

d.

= 16000×90/100×985/1000

=14184

(90/100= discount,10%)

( 985/1000= brokerage, 1.5%)