Safety Locks Ltd, issued to public 2,500 12% Debentures of 100 each at 10% premium redeemable at par. What amount shall be repaid to debentureholders?

None of these

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2,75,000

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2,50,000

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3,00,000

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Solution

The correct option is C
2,50,000

Redemption amount= 2500 $\times$ 100 = Rs 2,50,000
(as redeemed at par)

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Safety Locks Ltd, issued to public 2,500 12% Debentures of 100 each at 10% premium redeemable at par. What amount shall be repaid to debentureholders?

The correct option is C 2,50,000 Redemption amount= 2500 × 100 = Rs 2,50,000 (as redeemed at par)

The correct option is C
2,50,000

Redemption amount= 2500 $\times$ 100 = Rs 2,50,000
(as redeemed at par)