A company issued 2000 equity shares which were underwritten by A. The company received applications for 2400 shares. Hence A will get his commission on the issue price of

A company issued 2000 equity shares which were underwritten by A. The

1.	A company issued 2000 equity shares which were underwritten by A. The company received applications for 2400 shares. Hence A will get his commission on the issue price of
A.	24000 shares
B.	2000 shares
C.	20000 shares
D.	2400 shares
Answer» C. 20000 shares