Question

Authorised capital of a Company is divided into 5,00,000 shares of ₹10 each. It issued 3,00,000 shares. Public applied for 3,60,000 shares. Amount of issued capital will be

Answer 1

Answer:

30,00,000

Explanation:

The amount of issued capital will be 3,00,000 shares of ₹ 10 each.

so 3,00,000 multiplied into 10