Question

A Company invited applications for 1,00,000 shares and it received applications for 1,50,000 shares. Applications for 30,000 shares were rejected and the remaining were allotted shares on prorata basis. How many shares an applicant for 3,000 shares will be allotted :​

Answer 1

Answer:

5000 is the answer

hope it is helpful

Answer 2

Answer:

the formula of share is to convert the 1lakhes into,30000 is to divide