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
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Answer 1

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