11. M LTD. Issued share at a face value of Rs. 100 with a premium of Rs.20 per share. The underwrting commission will be calculated on __________

11. M LTD. Issued share at a face value of Rs. 100 with a premium of

1.	11. M LTD. Issued share at a face value of Rs. 100 with a premium of Rs.20 per share. The underwrting commission will be calculated on __________
A.	rs.120
B.	rs.90
C.	rs.100
D.	rs.80
Answer» B. rs.90