Question

Balu purchase the business of Anil and agreed to settle the purchase consideration as follows.
1. 30000 equity shares of RS. 100 each @20% premium to partners.
2. 1500, 12% debentures of RS. 100 each at per for loan credit
3. Rs. 150000 in cash to the partners.
Calculate purchase consideration

Answer 1

Answer:

Purchase consideration is 33,00,000