A Company issued 50,000 shares of ₹20 each at 5% premium. ₹10 were payable on application and balance on allotment. What will be the allotment amount?
(A) ₹5,00,000
(B) ₹4,75,000
(C) ₹5,50,000
(D) ₹5,25,000
#Explain with solution.
Answers
Answered by
1
Explanation:
option (c)
₹5,50,000
hope it is clear
Similar questions
Environmental Sciences,
4 days ago
Math,
4 days ago
Computer Science,
9 days ago
World Languages,
8 months ago