Advertisements
Advertisements
प्रश्न
Wintex Ltd. issued 6,00,000 shares for subscription against which it received applications for 10,00,000 shares. It made allotment on pro rata basis in the ratio of 2 : 3, i.e., two shares for every three shares applied. Application money refunded will be on
पर्याय
1,00,000 shares.
2,00,000 shares.
3,00,000 shares.
4,00,000 shares.
MCQ
Advertisements
उत्तर
1,00,000 shares.
Explanation:
Pro rata ratio = 2 : 3.
To allot 6,00,000 shares, applications considered are:
`6,00,000 xx 3/2 = 9,00,000` shares
Total applications = 10,00,000 shares.
10,00,000 − 9,00,000 = 1,00,000 shares
Therefore, application money on 1,00,000 shares will be refunded.
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
