On 1st October 2018, if Rs 5,00,000, 9% of debentures are issued for cash, Rs 8,00,000, 8% debentures are issued for consideration other than cash and Rs 3,00,000, 10% debentures are issued as collatral security, amount charged by the company to statement of profit and loss against finance cost on 31st March 2019 will be...
A. Rs 1,09,000
B. Rs 54,000
C. Rs 5,500
D. Rs 1,500
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The right answer is B
Rs 54,000
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