If applicants for 1,00,000 shares were allotted 50,000 shares on prorata basis, the shareholder who was allotted 5,000 shares must have applied for.
(a) 10,000 shares
(b) 20,000 shares
(c) 5,500 shares
(d) 15,000 shares
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Answer:
10,000
Explanation:
The shareholders who was allotted 5,000share must have applied for 10000 shares
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