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Accountancy · 2023 · 1 mark
CBSE 2023 · Region 3 · Set 1 · Q15
On 1st April, 2021, Narmada Ltd. issued 5,000, 8% Debentures of ₹ 100 each at a premium of 10%. The total amount of interest on debentures for the…
On 1st April, $\displaystyle 2021$, Narmada Ltd. issued $\displaystyle 5,000$, $\displaystyle 8$% Debentures of ₹ $\displaystyle 100$ each at a premium of $\displaystyle 10$%. The total amount of interest on debentures for the year ending 31st March, $\displaystyle 2022$ will be :
Official answer
(D)
₹ $\displaystyle 40,000$
Marking-scheme solution
(d)
₹$\displaystyle 40,000$
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CBSE Class 12 Accountancy past-paper question from the 2023 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.