QUES NO. 5

Public 81 authentic INVESTMENT ACCOUNTS bia. (5) An investor purchased on 1-6-2006 9% Government of India Loan of Rs. 50,000 at 102% Cum-int. Brokerage was paid at 1% on purchase price. (A) 60,760 (B) 50,760 (C) 51,000 (D) 50,750. [Ans.: (B) 50,760.1 (6) Dinesh Patel had on 1-1-2018 10% Debentures of Rs. 1,00,000 Out of these, he sold debentures of Rs. 20,000 at 96% cum-interest on 15-4-2018. Ther nurchased Debentures of Rs. 40,000 on 15-6-2018 at 102% ex-interes and 31st December. He received 97. 50T L 102t.c