Question

Appu Limited issued 1 lakh equity shares. The whole of the issue was underwritten as follows: X – 40%, Y-30% and Z-30%, Application for 80,000 shares were received in all, out of which applications for 20,000 shares had the stamp of X, those for 10,000 shares that of Y and 20,000 shares that of Z. The remaining application did not have any stamp.
Show the liability of the underwritten.
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Answer 1

Explanation:

x 'znczmgxjgxmgznxmgxhmxlhky, khxlhxkgxjg