Ashifur August 8, 2023 - 16:27
Problem: A company has issued 2.00.000 ordinary shares of TR. [0 each and 50,000 debentures ofTk. 100 each. The debenture interest of [0% per annum. in one years, after paying theinterest of 9% on the debentures and 9% dividend on the ordinary shares. its profits arejust sufficient to put Tie. 2.00.000 to reserve. What are the profits for that year?

View all: BANGLADESH BANK(AB) | WRITTEN QUESTION (MATH) SOLVE | 1992

Correct Answer: ans: Tk. 8,80,000.

Explanation:

Total price of ordinary shares = (2,00,000 x 10)= 20,00,000 Tk

Total Price of debentures = (50,000 x 100) TK

= 50,00,000 Tk

At 9% interest of ordinary share

Tk. 100 makes interest = Tk. 9

Tk. 20,00,000 makes interest = Tk.$\frac{9\times 20,00,000}{100}$= Tk. 1,80,000

A 10% interest of debenture,

Let Tk. 100 make interest – Tk. l0

Tk. 50,00,000 makes interest =$\frac{10\times 5000000}{100}$ = Tk. 5,00,000

The total profit of the com pany = Tk. (5.00.000 + 1,80,000 + 2,00,000) =Tk. 8,80,000

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