A company issued ₹ 1,00,000 12% debentures of ₹ 100 each. The amount of interest on debentures will be:
A. ₹ 12,000
B. ₹ 1,20,000
C. ₹ 12,00,000
D. None of these
Answer:C
A company issued ₹ 1,00,000 12% debentures of ₹ 100 each. The amount of interest on debentures will be:
A. ₹ 12,000 B. ₹ 1,20,000 C. ₹ 12,00,000 D. None of these