Question

The Company has 8%
Debentures of Rs 20,00,000 (
Rs 100 Each ), The company
decided to redeem it by 10 %
premium by converting 10%
Preference Shares of Rs 100
each , The number of
Preference Shares issued are​

Answer 1

Answer:

22000 preference shares

Step-by-step explanation:

2000000*110%/100