Question:
Calculate the amount of yearly interest payable on 9% debentures (10,000 debentures of ₹100) issued as collateral security.
Calculate the amount of yearly interest payable on 9% debentures (10,000 debentures of ₹100) issued as collateral security.
Updated On: May 10, 2024
- No Interest payable
- ₹90,000
- ₹9000
- ₹99000
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The Correct Option is A
Solution and Explanation
The correct option is (A): No Interest payable
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