Multiple choice

Prakash Ltd. issued 15,000, 15% debentures of Rs. 100 each at a premium of 10%, which are redeemable after 10 years at a premium of 20%. The amount of loss on redemption of debentures to be written off every year is

  1. Rs. 15,000

  2. Rs. 30,000

  3. Rs. 45,000

  4. Rs. 22,500
Reveal answer Fill a bubble to check yourself
C Correct answer

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