Question : Bose Ltd. purchased assets of Rs. 9,90,000 from Bhagat & Co. Payment was made by issuing 11% Debentures of Rs. 100 each. If debentures issued at 10% discount, number of debentures issued is ________.
Option 1: 9,900 debentures
Option 2: 9,000 debentures
Option 3: 11,000 debentures
Option 4: 10,000 debentures
Correct Answer: 11,000 debentures
Solution : Answer = 11,000 debentures
Number of deBentures issued
$=\frac{9,90,000}{90(100-10)}=11000$ Debentures. Hence, the correct option is 3.
Question :
Bose Ltd. purchased assets of Rs. 9,90,000 from Bhagat & Co. Payment was made by issuing 11% Debentures of Rs. 100 each. Calculate the number of debentures, if debentures were issued at 10% premium
Question : Prakash Ltd. purchased assets worth Rs.2,20,000 and also took over the liabilities (creditors) of Rs.40,000 of Ajay Ltd. for a purchase consideration of Rs.1,92,000. Prakash Ltd. paid the purchase consideration by issuing 12% debentures of Rs.100 each at a premium of 20%.
Number of debentures issued
Option 1: 1,200 debentures
Option 2: 1,600 debentures
Option 3: 1,500 debentures
Option 4: 1,000 debentures
Question : Exe Ltd. took over assets of Rs. 7,00,000 and liabilities of Rs. 60,000 of Wye Ltd. for the purchase consideration of Rs. 6,60,000. Exe Ltd. paid the purchase consideration by issuing 9% Debentures of Rs. 100 each at 10% premium.
Numbers of debnetures issued will be
Option 1: 6,600 debenture
Option 2: 6,000 debentures
Option 3: 5,000 debentures
Option 4: 4,500 debentures
Question : Rohit Ltd. purchased assets for Rs.1,20,000 and also took over the outside liabilities Rs.20,000 of Amir Ltd. for a purchase consideration of Rs. 1,92,000. Rohit Ltd. paid the purchase consideration by issuing 10% debentures of Rs.100 each at a discount of 20%.
Calculate the number of debentures.
Option 1: 2,133
Option 2: 2,135
Option 3: 2,100
Option 4: 2,111
Question : Sudhir Ltd. took over Assets of Rs.8,50,000 and Liabilities of Rs.1,50,000 of Gopal Ltd. at an agreed price of Rs.7,20,000. The purchase consideration was discharged by issuing 12% debentures of Rs.100 each at a premium of 20%.
Question:- Number of debentures received by Gopal Ltd will be
Option 1: 6,000 Debentures
Option 2: 7,200 Debentures
Option 4: 8,500 debentures
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