1.

A Company issued 50,000 shares of 20 each at 5% premium,10 were payable on application and balance on allotment. What will be the allotment amount? (A) Rs.500,000 (B) Rs.4,75,000 (C) Rs.550000 (D) Rs.5,25,000

Answer»

Correct option is (C) Rs.550000



Discussion

No Comment Found

Related InterviewSolutions