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Accountancy · 2026 · 1 mark
CBSE 2026 · Region 3 · Set 1 · Q11
Nigam Ltd. issued 40,000, 11% Debentures of 100 each at a certain rate T of discount. The debentures were to be redeemed at 20% premium. Existing…
Nigam Ltd. issued $\displaystyle 40,000$, $\displaystyle 11$% Debentures of $\displaystyle 100$ each at a certain rate T of discount. The debentures were to be redeemed at $\displaystyle 20$% premium. Existing balance of Securities Premium before issue of these debentures was ₹ $\displaystyle 13,00$,000. After writing off 'Loss on issue of debentures', the balance in Securities Premium was ₹ $\displaystyle 3,00$,000. The above debentures were issued at a discount of :
Official answer
(D)
$\displaystyle 5$%
Marking-scheme solution
(D)
$\displaystyle 5$ %
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CBSE Class 12 Accountancy past-paper question from the 2026 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.