The following journal entry appears in the books of Latvion Ltd. :
The discount on issue of debentures is :
Zeba Limited issued 15,000, 9% debentures of Rs 100 each at 10% discount on 1st April, 2023. It has a balance of Rs 1,00,000 in Securities Premium Account. The 'Discount on issue of Debentures' of Rs 1,50,000 will be written off :
A person invests Rs 5000 at a simple interest rate of 8 % per annum for 3 years. What is the total interest earned by the person at the end of the period?
A shopkeeper buys an item for Rs 2000 and marks it up by 50% to set the marked price. He then offers a 20% discount on the marked price. What is the profit earned by the shopkeeper?