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     EduGorilla 
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    A company has issued 5000 10% Debentures of ₹100 each at a premium of 20% payable as ₹60 on application ₹60 on allotment (including premium) All the debentures were subscribed for and money was duly received. Calculate securities premium amount.

    Options :-

    1. ₹500000

    2. ₹100000

    3. ₹200000

    4. ₹600000

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