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    Question

    Debentures of ₹5,00,000 are redeemed at 5% premium.

    Redemption fund has ₹4,50,000. Balance is met by fresh issue of equity shares. Fresh issue required = ?
    A ₹50,000 Correct Answer Incorrect Answer
    B ₹75,000 Correct Answer Incorrect Answer
    C ₹1,00,000 Correct Answer Incorrect Answer
    D ₹25,000 Correct Answer Incorrect Answer
    E ₹1,50,000 Correct Answer Incorrect Answer

    Solution

    Redemption = 5,00,000 + 25,000 premium = 5,25,000. Fund available 4,50,000. Balance = 75,000.

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