Question

14.Suppose Kishore is a shareholder in a company holding 250 share of Rs.10/- each on which he has already paid Rs.7/- per share. In the event of losses or company's failure to pay debts, Kishore is liable to pay:

(1 Point)

Rs.1750/-

Rs.2500/-

Rs.3300/-

Rs.750​

Answer 1

Answer:

Kishore has paid 250*7 = ₹1750 so far.

But he has to totally pay 250*10 = ₹2500.

So he is liable to pay 2500 - 1750 = ₹750.

Step-by-step explanation:

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Answer 2

price already paid for share = 7/- per share

therefore 7 ×250 = 1750

therefore kishore is liable to pay rs.1750