Question

8000 equity shares of rs 100 each fully paid each share is sub divided into 10 equity share of 10 each the number of share after sub division will be​

Answer 1

Answer:

80000 shares

Explanation:

No. of equity shares held in the beginning = 8000

Amount of each equity share (beginning)= Rs.100

.°. Total capital = 8000 × 100 = 800000

New price of each equity share = Rs. 10

New equity capital ( remain same ) = 800000

Hence, new no. of shares = 800000 / 10 = 80000