Trendy Ltd took over business of Oxylight Ltd and paid for it by
(i) Issue of 2,000 10% Preference Shares of ₹100 each at a premium of 10%
(ii) Equity Shares of ₹1,00,000 at par and
(iii) a cheque of ₹1,00,000.
What was the total agreed purchase consideration payable to Oxylight Ltd.
1
₹3,80,000.
2
₹4,00,000.
3
₹4,20,000.
4
₹4,40,000.
5
₹4,10,000.