Commerce Exam > Commerce Questions > Analyse the case given below and answer the ...
Start Learning for Free
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?
| FREE This question is part of | Download PDF Attempt this Test |
Verified Answer
Analyse the case given below and answer the questions that follow :Ni...
5000 × ₹40 = ₹2,00,000
View all questions of this test
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).
Attention Commerce Students!
To make sure you are not studying endlessly, EduRev has designed Commerce study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Commerce.
|
Explore Courses for Commerce exam
|
|
Similar Commerce Doubts
Top Courses for CommerceView all
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.
Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning 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? defined & explained in the simplest way possible. Besides giving the explanation 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?, 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.
|
|
Explore Courses for Commerce exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup