At the time of absorption of B Ltd by A Ltd, 10% debenture holders of ? 240000 of ?100 each in B Ltd are to be paid off at 10% premium by 9% debentures in A Ltd issued at a premium of 20%. How many debentures of ?100 each are to be issued by A Ltd?

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At the time of absorption of B Ltd by A Ltd, 10% debenture holders of ? 240000 of ?100 each in B Ltd are to be paid off at 10% premium by 9% debentures in A Ltd issued at a premium of 20%. How many debentures of ?100 each are to be issued by A Ltd?






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