1.

Prorata basis allotted 5000 shares out of7500 shares were applied, then 600 shareswere applied by a person, how many sharesallotted and how much amount adjusted toallotment account. If application money isRs.2 per share ____, ______?

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


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