Question

For Redemption of Preference shares to get cash arrangement company sales its investments costing Rs 50,000 at 10% loss. Calculate selling price of Investment
A) 55000
B) 60000
C) 45000
D) 50000​

Answer 1

Explanation:

10 % loss - 1/10

9 × 5000 = 45000(ans)

---------------------

10 --------------------50000

×5000