X Ltd. issued shares of Rs.20 each at discount of 10%. Mr. Ram, a hol – McqOptions

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1.	X Ltd. issued shares of Rs.20 each at discount of 10%. Mr. Ram, a holder of 100 shares could not pay the final call of Rs.5 per share and hisnnshares were forfeited. Ifnthese shares are nnreissued, what is the maximumnamount of nndiscount to be allowed onnre-issue?
A.	Rs.8
B.	Rs.2
C.	Rs.15
D.	Rs.13
Answer» D. Rs.13

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