Debentures are issued at 10 percent discount, so issue price = 100 - 10 = Rs. 90 per debenture.
Fund to be arranged = 45,00,000.
Number of Debentures = 45,00,000 / 90 = 50,000 Debentures.
Determine the number of Debentures to be issued.
CUET UG 2023 — Accountancy Company Accounts
2023mcqmedium
Determine the number of Debentures to be issued.
Official previous-year question
Held on 11 Jun 2023 · Verified 13 Jul 2026.
Options
- A
45,000 Debentures
- B
40,500 Debentures
- C
50,000 Debentures
- D
36,000 Debentures
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