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Question

Pilot Company has issued 80,000 10% Debentures of Rs.100 each at discount of 10%. These are redeemable at par. How much amount shall be paid to debentureholders at the time of redemption.?


A

None of these

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B

50,000

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C

80,00,000

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D

8,00,000

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Solution

The correct option is C

80,00,000


Amount to be paid = 80,000 × 100 = Rs 80,00,000.


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