12. A company issued shares at 10% premium, Satish applied for 1000 sh

1.	12. A company issued shares at 10% premium, Satish applied for 1000 shares but was allotted 500 shares of this company. Find his investment, if the face value of a share is Rs. 100. a) Rs. 55,000 b) Rs. 50,000 c) Rs. 5,500 d) none of these.
Answer» ANSWER: 5,500 is the answer Step-by-step EXPLANATION: THANK you

12. A company issued shares at 10% premium, Satish applied for 1000 shares but was allotted 500 shares of this company. Find his investment, if the face value of a share is Rs. 100. a) Rs. 55,000 b) Rs. 50,000 c) Rs. 5,500 d) none of these.

Answer»

ANSWER:

5,500 is the answer

Step-by-step EXPLANATION:

THANK you

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12. A company issued shares at 10% premium, Satish applied for 1000 shares but was allotted 500 shares of this company. Find his investment, if the face value of a share is Rs. 100. a) Rs. 55,000 b) Rs. 50,000 c) Rs. 5,500 d) none of these.​

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12. A company issued shares at 10% premium, Satish applied for 1000 shares but was allotted 500 shares of this company. Find his investment, if the face value of a share is Rs. 100. a) Rs. 55,000 b) Rs. 50,000 c) Rs. 5,500 d) none of these.