• The public subscribes for 50,000 shares of a company of Rs. 200 each. The company calls up Rs. 100 per share but receives the payment only from 10,000 subscribers. Calculate: • Subscribed capital • Called up capital • Paid up Capital
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Explanation:
34519 rounded to the nearest hundreds is 34500, but they are asking to round it to nearest thousands. And as 519 when rounded to the nearest thousands = 1000, Therefore, the answer is B (i.e.) 34519 rounded to the nearest thousands = 35000.
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