X Limited invites application for 2000 share. application were received for 3000 shares and Pro Rata allotment was made to the applicants of 2400 share. if Mr gov has been allotted for 40 share, how many shares he has for ?
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2000 shares allotted to the applicants of 2400 shares.
If share allotted 2000 shares applied were:- 2400
If shares allotted 40 shares applied were:- 2400/2000* 40
share = 48
Explanation:
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