The company bought a machinery for Rs.81,000 & issued debentures of Rs.100 each at 10% discount. The number of debentures issued is .

81,000

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800

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1,000

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900

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Solution

The correct option is D 900
Face value of debenture = 100
Discount = 10% of 100 = 10
Debenture value after discount = 100-10 = 90
Number of Debentures = Value of machinery / Issue price of debentures = 81,000 / 90 = 900

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The company bought a machinery for Rs.81,000 & issued debentures of Rs.100 each at 10% discount. The number of debentures issued is .

The correct option is D 900Face value of debenture = 100 Discount = 10% of 100 = 10 Debenture value after discount = 100-10 = 90 Number of Debentures = Value of machinery / Issue price of debentures = 81,000 / 90 = 900

The correct option is D 900
Face value of debenture = 100
Discount = 10% of 100 = 10
Debenture value after discount = 100-10 = 90
Number of Debentures = Value of machinery / Issue price of debentures = 81,000 / 90 = 900