Company bought a Plant for Rs. 81,000 & issued Debentures of Rs. 100 each at 10% discount. How many debentures were issued?

None of these

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800

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900

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1000

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Solution

The correct option is C
900

Face value of debenture = 100
Discount = 10% of 100 = 10
Debenture value after discount = 100-10 = 90
Number of Debentures = 81,000 / 90 = 900.

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Company bought a Plant for Rs. 81,000 & issued Debentures of Rs. 100 each at 10% discount. How many debentures were issued?

The correct option is C 900 Face value of debenture = 100 Discount = 10% of 100 = 10 Debenture value after discount = 100-10 = 90 Number of Debentures = 81,000 / 90 = 900.

The correct option is C
900

Face value of debenture = 100
Discount = 10% of 100 = 10
Debenture value after discount = 100-10 = 90
Number of Debentures = 81,000 / 90 = 900.