Question:

Savage Ltd. Purchased for cancellation its own 12,00,00012,00,000 , 9%9\% debentures of 100₹ 100 each at 85₹ 85  each. The profit on cancellation of own debentures will be:

Updated On: Mar 12, 2025
  • 1,80,00,000₹ 1,80,00,000
  • 18,00,000₹ 18,00,000
  • 1,08,00,000₹ 1,08,00,000
  • 10,80,000₹ 10,80,000
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The Correct Option is A

Solution and Explanation

The correct option is (A) :1,80,00,000₹ 1,80,00,000
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