1.

Prorata basis allotted 5000 shares out of 7500 shares were applied, then 600 shares were applied by a person, how many shares allotted and hownmuch amount adjusted to allotment account. If application money is Rs.2 per share ____, ______

A. 400 shares 600
B. ) 200 shares 300/-
C. 200 shares 600
D. 300 shares 500
Answer» B. ) 200 shares 300/-


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