Question

If 5000 equity of Rs, 100 each are issued at a discount of 5% then total amount of money received is..

Answer 1

Answer:

rs 475000

Explanation:

100- 5%= 95

₹95 per share ×5000 = 475000

Answer 2

Answer:

the total amount of discount is ₹ 25000

Explanation:

there are 5000 EQ share of ₹100 each so 5000×100 = 5,00,000 and the discount is of 5% so if we have to remove it on 5,00,000 5,00,000×5/100 = 25000 Hope it helps