Question

1/03// A company made pro-rata allotment of shares @ Rs.50 each at par in the ratio of 5:4 Ram fai pay allotment money and his shares were forfeited, of his forfeited shares were reissued fo Rs.4,020 at a maximum permissible discount of Rs. 1,980 as fully paid up. Ram was allotted ---...shares. (a) 200 (b). 160 (c). 120 (d). 180

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Answer 1

Answer:

sorry but I don't know the answer I think it's b

Answer 2

Explanation:

a is a thies questions answers