Question

X Ltd. issued 500, 6% debentures of Rs. 50 each at a discount of 10%. The
debentures A/c will be credited by:
(a) Rs. 15000
(b) Rs. 25000
(c)Rs. 22,500
d) Rs. 45000
​

Answer 1

C. 22500

Calculation -

500 × 50 = 25000

Discount 25000 × 10 /100 = 2500

Then, 25000- 2500 = 22500.

Thanks.