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Analyse the case given below and answer the questions that follow :
Nikhil Technologies Ltd. issued 5,000; 9% Debentures of ₹100 each at a premium of ₹20 payable as follows:
(i) ₹40 including premium of ₹10 on application
(ii) ₹40 including premium of ₹10 on allotment
(iii) Balance as first and final call.
Applications were received for 5,000 debentures and allotment was made to all the applicants. All the calls were made, and amounts received.
Q. The amount of money received during application is:
- a)₹1,00,000
- b)₹4,00,000
- c)₹2,00,000
- d)₹50,000
Correct answer is option 'C'. Can you explain this answer?
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Verified Answer
Analyse the case given below and answer the questions that follow :Ni...
5000 × ₹40 = ₹2,00,000
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Most Upvoted Answer
Analyse the case given below and answer the questions that follow :Ni...
Analysis:
In the given case, Nikhil Technologies Ltd. issued 5,000 debentures of ₹100 each at a premium of ₹20. The debentures were payable as follows:
(i) ₹40 including premium of ₹10 on application
(ii) ₹40 including premium of ₹10 on allotment
(iii) Balance as first and final call.
Calculation:
To calculate the amount of money received during application, we need to determine the number of debentures applied for and multiply it by the amount payable on application.
Number of debentures applied for = 5,000
Amount payable on application per debenture = ₹40 (including premium of ₹10)
Amount of money received during application:
= Number of debentures applied for * Amount payable on application per debenture
= 5,000 * ₹40
= ₹2,00,000
Therefore, the amount of money received during application is ₹2,00,000.
Conclusion:
The correct answer is option 'C' - ₹2,00,000. This amount is calculated by multiplying the number of debentures applied for (5,000) by the amount payable on application per debenture (₹40).
In the given case, Nikhil Technologies Ltd. issued 5,000 debentures of ₹100 each at a premium of ₹20. The debentures were payable as follows:
(i) ₹40 including premium of ₹10 on application
(ii) ₹40 including premium of ₹10 on allotment
(iii) Balance as first and final call.
Calculation:
To calculate the amount of money received during application, we need to determine the number of debentures applied for and multiply it by the amount payable on application.
Number of debentures applied for = 5,000
Amount payable on application per debenture = ₹40 (including premium of ₹10)
Amount of money received during application:
= Number of debentures applied for * Amount payable on application per debenture
= 5,000 * ₹40
= ₹2,00,000
Therefore, the amount of money received during application is ₹2,00,000.
Conclusion:
The correct answer is option 'C' - ₹2,00,000. This amount is calculated by multiplying the number of debentures applied for (5,000) by the amount payable on application per debenture (₹40).
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Analyse the case given below and answer the questions that follow :Nikhil Technologies Ltd. issued 5,000; 9% Debentures of ₹100 each at a premium of ₹20 payable as follows:(i) ₹40 including premium of ₹10 on application(ii) ₹40 including premium of ₹10 on allotment(iii) Balance as first and final call.Applications were received for 5,000 debentures and allotment was made to all the applicants. All the calls were made, and amounts received.Q. The amount of money received during application is:a)₹1,00,000b)₹4,00,000c)₹2,00,000d)₹50,000Correct answer is option 'C'. Can you explain this answer?
Question Description
Analyse the case given below and answer the questions that follow :Nikhil Technologies Ltd. issued 5,000; 9% Debentures of ₹100 each at a premium of ₹20 payable as follows:(i) ₹40 including premium of ₹10 on application(ii) ₹40 including premium of ₹10 on allotment(iii) Balance as first and final call.Applications were received for 5,000 debentures and allotment was made to all the applicants. All the calls were made, and amounts received.Q. The amount of money received during application is:a)₹1,00,000b)₹4,00,000c)₹2,00,000d)₹50,000Correct answer is option 'C'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Analyse the case given below and answer the questions that follow :Nikhil Technologies Ltd. issued 5,000; 9% Debentures of ₹100 each at a premium of ₹20 payable as follows:(i) ₹40 including premium of ₹10 on application(ii) ₹40 including premium of ₹10 on allotment(iii) Balance as first and final call.Applications were received for 5,000 debentures and allotment was made to all the applicants. All the calls were made, and amounts received.Q. The amount of money received during application is:a)₹1,00,000b)₹4,00,000c)₹2,00,000d)₹50,000Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Analyse the case given below and answer the questions that follow :Nikhil Technologies Ltd. issued 5,000; 9% Debentures of ₹100 each at a premium of ₹20 payable as follows:(i) ₹40 including premium of ₹10 on application(ii) ₹40 including premium of ₹10 on allotment(iii) Balance as first and final call.Applications were received for 5,000 debentures and allotment was made to all the applicants. All the calls were made, and amounts received.Q. The amount of money received during application is:a)₹1,00,000b)₹4,00,000c)₹2,00,000d)₹50,000Correct answer is option 'C'. Can you explain this answer?.
Analyse the case given below and answer the questions that follow :Nikhil Technologies Ltd. issued 5,000; 9% Debentures of ₹100 each at a premium of ₹20 payable as follows:(i) ₹40 including premium of ₹10 on application(ii) ₹40 including premium of ₹10 on allotment(iii) Balance as first and final call.Applications were received for 5,000 debentures and allotment was made to all the applicants. All the calls were made, and amounts received.Q. The amount of money received during application is:a)₹1,00,000b)₹4,00,000c)₹2,00,000d)₹50,000Correct answer is option 'C'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Analyse the case given below and answer the questions that follow :Nikhil Technologies Ltd. issued 5,000; 9% Debentures of ₹100 each at a premium of ₹20 payable as follows:(i) ₹40 including premium of ₹10 on application(ii) ₹40 including premium of ₹10 on allotment(iii) Balance as first and final call.Applications were received for 5,000 debentures and allotment was made to all the applicants. All the calls were made, and amounts received.Q. The amount of money received during application is:a)₹1,00,000b)₹4,00,000c)₹2,00,000d)₹50,000Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Analyse the case given below and answer the questions that follow :Nikhil Technologies Ltd. issued 5,000; 9% Debentures of ₹100 each at a premium of ₹20 payable as follows:(i) ₹40 including premium of ₹10 on application(ii) ₹40 including premium of ₹10 on allotment(iii) Balance as first and final call.Applications were received for 5,000 debentures and allotment was made to all the applicants. All the calls were made, and amounts received.Q. The amount of money received during application is:a)₹1,00,000b)₹4,00,000c)₹2,00,000d)₹50,000Correct answer is option 'C'. Can you explain this answer?.
Solutions for Analyse the case given below and answer the questions that follow :Nikhil Technologies Ltd. issued 5,000; 9% Debentures of ₹100 each at a premium of ₹20 payable as follows:(i) ₹40 including premium of ₹10 on application(ii) ₹40 including premium of ₹10 on allotment(iii) Balance as first and final call.Applications were received for 5,000 debentures and allotment was made to all the applicants. All the calls were made, and amounts received.Q. The amount of money received during application is:a)₹1,00,000b)₹4,00,000c)₹2,00,000d)₹50,000Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce.
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Analyse the case given below and answer the questions that follow :Nikhil Technologies Ltd. issued 5,000; 9% Debentures of ₹100 each at a premium of ₹20 payable as follows:(i) ₹40 including premium of ₹10 on application(ii) ₹40 including premium of ₹10 on allotment(iii) Balance as first and final call.Applications were received for 5,000 debentures and allotment was made to all the applicants. All the calls were made, and amounts received.Q. The amount of money received during application is:a)₹1,00,000b)₹4,00,000c)₹2,00,000d)₹50,000Correct answer is option 'C'. Can you explain this answer?, a detailed solution for Analyse the case given below and answer the questions that follow :Nikhil Technologies Ltd. issued 5,000; 9% Debentures of ₹100 each at a premium of ₹20 payable as follows:(i) ₹40 including premium of ₹10 on application(ii) ₹40 including premium of ₹10 on allotment(iii) Balance as first and final call.Applications were received for 5,000 debentures and allotment was made to all the applicants. All the calls were made, and amounts received.Q. The amount of money received during application is:a)₹1,00,000b)₹4,00,000c)₹2,00,000d)₹50,000Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of Analyse the case given below and answer the questions that follow :Nikhil Technologies Ltd. issued 5,000; 9% Debentures of ₹100 each at a premium of ₹20 payable as follows:(i) ₹40 including premium of ₹10 on application(ii) ₹40 including premium of ₹10 on allotment(iii) Balance as first and final call.Applications were received for 5,000 debentures and allotment was made to all the applicants. All the calls were made, and amounts received.Q. The amount of money received during application is:a)₹1,00,000b)₹4,00,000c)₹2,00,000d)₹50,000Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Analyse the case given below and answer the questions that follow :Nikhil Technologies Ltd. issued 5,000; 9% Debentures of ₹100 each at a premium of ₹20 payable as follows:(i) ₹40 including premium of ₹10 on application(ii) ₹40 including premium of ₹10 on allotment(iii) Balance as first and final call.Applications were received for 5,000 debentures and allotment was made to all the applicants. All the calls were made, and amounts received.Q. The amount of money received during application is:a)₹1,00,000b)₹4,00,000c)₹2,00,000d)₹50,000Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice Commerce tests.
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