P Ltd purchases 80% shares out of 80000 Equity shares of ?10 each in Chandu Ltd at ?10,00,000. On that date the balance of Capital reserve, Securities Premium, General Reserve and Discount on issue of Debentures were ?80,000, ?1,20,000, ?2,15,000 and ? 40,000 respectively. The amount of minority interest will be

The syllabus (with weightage):
A. GAAP and Accounting Standards 20%
B. Accounting of Business Combinations & Restructuring 20%
C. Consolidated Financial Statements 20%
D. Developments in Financial Reporting 25%
E. Government Accounting in India 15%