A company is allowed by law to sell 200 000 shares at Rs.2.00 each. Three-quarters (3/4) of these shares were bought by the public. What is the issued share capital?

A company is allowed by law to sell 200 000 shares at Rs.2.00 each. Th

1.	A company is allowed by law to sell 200 000 shares at Rs.2.00 each. Three-quarters (3/4) of these shares were bought by the public. What is the issued share capital?
A.	Rs. 100 000
B.	Rs. 300 000
C.	Rs. 400 000
D.	Rs. 500 000
Answer» C. Rs. 400 000