Question:
Savage Ltd. Purchased for cancellation its own \(12,00,000\) , \(9\%\) debentures of \(₹ 100\) each at \(₹ 85 \) each. The profit on cancellation of own debentures will be:
Savage Ltd. Purchased for cancellation its own \(12,00,000\) , \(9\%\) debentures of \(₹ 100\) each at \(₹ 85 \) each. The profit on cancellation of own debentures will be:
Updated On: Sep 23, 2024
- \(₹ 1,80,00,000 \)
- \(₹ 18,00,000 \)
- \(₹ 1,08,00,000 \)
- \(₹ 10,80,000 \)
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The Correct Option is A
Solution and Explanation
The correct option is (A) :\(₹ 1,80,00,000 \)
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