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Debenture Redemption Investment

How much % of...

Question

How much % of the reserved amount should be invested by companies?

A

10%

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B

15%

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C

25%

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D

50%

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Solution

The correct option is B
15%

Companies should also invest or deposit 15% of the reserved amount as an investment

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Similar questions

Q. Nirbhai Chemicals Ltd. issued ₹ 10,00,000; 6% Debentures of ₹ 50 each at a premium of 8% on 30th June, 2018 redeemable on 30th June, 2019. The issue was fully subscribed. Pass Journal entries for issue and redemption of debentures. How much amount should be transferred to Debentures Redemption Reserve before redemption of debentures? Also, state how much amount should be invested in specified securities?

Q. If the total amount invested by the two companies in 2009 was Rs 27 lakhs, while the amount invested by company B was 50% of the amount invested by company A, what was the total profit earned by the two companies together?

Q. Suppose you have Rs.

12000

to invest. You have to invest some amount at

10

% and the rest at

15

%. How much should be invested at each rate to yield

12

% on the total amount invested?

To get the interest of Rs 150, how much amount needs to be invested?

How much amount atleast should be transferred to Debenture Redemption Reserve, if the Debenture value in the balance sheet is Rs 15,00,000?

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