1.

Ambrish Ltd offered 2,00,000 Equity Shares of ₹10 each, of these 1,98,000 shares were subscribed. The amount was payable as ₹3 on application, ₹4 an allotment and balance on first call. If a shareholder holding 3,000 shares has defaulted on first call, what is the amount of money received on first call?(A) ₹9,000.(B) ₹5,85,000.(C) ₹5,91,000.(D) ₹6,09,000.

Answer»

Correct answer is: (B) ₹5,85,000.



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