11.If Rs.5,00,000, 7% debentures are issued for consideration other than cash; Rs.6,00,000, 8% Debentures are issued as collateral securities and Rs.7,00,000, 9% Debentures are issued for cash, what will be the interest on debentures for half year. a.Rs.49,000 b.Rs.98,000 c.1,00,000 d.90,000
98000 because intrst will be provided only on issued for consideration other than cash and issued for cash. Intrst isn't provided on collateral security .
700000×9/100= 63000
500000×7/100= 35000
=Rs98000