Class 12 Exam > Class 12 Questions > E ltd. Alloted 10,000 shares to the applicati...
Start Learning for Free
E ltd. Alloted 10,000 shares to the application of 14,000 share on pro- rata basis and the application money on 6,000 share are refunded. The amount payable on the application was Rs 2 share and on allotment Rs 5 per share . Mrs. A a shareholder did not pay the allotment money Rs 630 due to him. Find the number of share alloted to him with explanation : A. 126 B. 315 C. 150 D. 210?
Most Upvoted Answer
E ltd. Alloted 10,000 shares to the application of 14,000 share on pro...
Given information:
- E Ltd. allotted 10,000 shares to the application of 14,000 shares on a pro-rata basis.
- The application money on 6,000 shares was refunded.
- The amount payable on the application was Rs 2 per share.
- The amount payable on allotment was Rs 5 per share.
- Mrs. A did not pay the allotment money of Rs 630 due to her.
To find:
The number of shares allotted to Mrs. A.
Solution:
Step 1: Calculate the total amount received from the application money:
- The number of shares applied for = 14,000 shares
- The amount payable on the application = Rs 2 per share
- Total amount received from the application money = 14,000 shares * Rs 2 per share = Rs 28,000
Step 2: Calculate the total amount refunded:
- The number of shares on which the application money was refunded = 6,000 shares
- The amount payable on the application = Rs 2 per share
- Total amount refunded = 6,000 shares * Rs 2 per share = Rs 12,000
Step 3: Calculate the total amount received from allotment money:
- The total amount received from application money = Rs 28,000
- The total amount refunded = Rs 12,000
- Total amount received from allotment money = Rs 28,000 - Rs 12,000 = Rs 16,000
Step 4: Calculate the number of shares allotted:
- The amount payable on allotment = Rs 5 per share
- Number of shares allotted = Total amount received from allotment money / Amount payable on allotment
- Number of shares allotted = Rs 16,000 / Rs 5 per share = 3,200 shares
Step 5: Calculate the number of shares allotted to Mrs. A:
- Mrs. A did not pay the allotment money of Rs 630 due to her.
- The amount payable on allotment per share = Rs 5
- Number of shares allotted to Mrs. A = Amount not paid by Mrs. A / Amount payable on allotment per share
- Number of shares allotted to Mrs. A = Rs 630 / Rs 5 per share = 126 shares
Therefore, the number of shares allotted to Mrs. A is 126. Hence, the answer is A. 126.
- E Ltd. allotted 10,000 shares to the application of 14,000 shares on a pro-rata basis.
- The application money on 6,000 shares was refunded.
- The amount payable on the application was Rs 2 per share.
- The amount payable on allotment was Rs 5 per share.
- Mrs. A did not pay the allotment money of Rs 630 due to her.
To find:
The number of shares allotted to Mrs. A.
Solution:
Step 1: Calculate the total amount received from the application money:
- The number of shares applied for = 14,000 shares
- The amount payable on the application = Rs 2 per share
- Total amount received from the application money = 14,000 shares * Rs 2 per share = Rs 28,000
Step 2: Calculate the total amount refunded:
- The number of shares on which the application money was refunded = 6,000 shares
- The amount payable on the application = Rs 2 per share
- Total amount refunded = 6,000 shares * Rs 2 per share = Rs 12,000
Step 3: Calculate the total amount received from allotment money:
- The total amount received from application money = Rs 28,000
- The total amount refunded = Rs 12,000
- Total amount received from allotment money = Rs 28,000 - Rs 12,000 = Rs 16,000
Step 4: Calculate the number of shares allotted:
- The amount payable on allotment = Rs 5 per share
- Number of shares allotted = Total amount received from allotment money / Amount payable on allotment
- Number of shares allotted = Rs 16,000 / Rs 5 per share = 3,200 shares
Step 5: Calculate the number of shares allotted to Mrs. A:
- Mrs. A did not pay the allotment money of Rs 630 due to her.
- The amount payable on allotment per share = Rs 5
- Number of shares allotted to Mrs. A = Amount not paid by Mrs. A / Amount payable on allotment per share
- Number of shares allotted to Mrs. A = Rs 630 / Rs 5 per share = 126 shares
Therefore, the number of shares allotted to Mrs. A is 126. Hence, the answer is A. 126.
|
Explore Courses for Class 12 exam
|
|
Similar Class 12 Doubts
E ltd. Alloted 10,000 shares to the application of 14,000 share on pro- rata basis and the application money on 6,000 share are refunded. The amount payable on the application was Rs 2 share and on allotment Rs 5 per share . Mrs. A a shareholder did not pay the allotment money Rs 630 due to him. Find the number of share alloted to him with explanation : A. 126 B. 315 C. 150 D. 210?
Question Description
E ltd. Alloted 10,000 shares to the application of 14,000 share on pro- rata basis and the application money on 6,000 share are refunded. The amount payable on the application was Rs 2 share and on allotment Rs 5 per share . Mrs. A a shareholder did not pay the allotment money Rs 630 due to him. Find the number of share alloted to him with explanation : A. 126 B. 315 C. 150 D. 210? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about E ltd. Alloted 10,000 shares to the application of 14,000 share on pro- rata basis and the application money on 6,000 share are refunded. The amount payable on the application was Rs 2 share and on allotment Rs 5 per share . Mrs. A a shareholder did not pay the allotment money Rs 630 due to him. Find the number of share alloted to him with explanation : A. 126 B. 315 C. 150 D. 210? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for E ltd. Alloted 10,000 shares to the application of 14,000 share on pro- rata basis and the application money on 6,000 share are refunded. The amount payable on the application was Rs 2 share and on allotment Rs 5 per share . Mrs. A a shareholder did not pay the allotment money Rs 630 due to him. Find the number of share alloted to him with explanation : A. 126 B. 315 C. 150 D. 210?.
E ltd. Alloted 10,000 shares to the application of 14,000 share on pro- rata basis and the application money on 6,000 share are refunded. The amount payable on the application was Rs 2 share and on allotment Rs 5 per share . Mrs. A a shareholder did not pay the allotment money Rs 630 due to him. Find the number of share alloted to him with explanation : A. 126 B. 315 C. 150 D. 210? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about E ltd. Alloted 10,000 shares to the application of 14,000 share on pro- rata basis and the application money on 6,000 share are refunded. The amount payable on the application was Rs 2 share and on allotment Rs 5 per share . Mrs. A a shareholder did not pay the allotment money Rs 630 due to him. Find the number of share alloted to him with explanation : A. 126 B. 315 C. 150 D. 210? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for E ltd. Alloted 10,000 shares to the application of 14,000 share on pro- rata basis and the application money on 6,000 share are refunded. The amount payable on the application was Rs 2 share and on allotment Rs 5 per share . Mrs. A a shareholder did not pay the allotment money Rs 630 due to him. Find the number of share alloted to him with explanation : A. 126 B. 315 C. 150 D. 210?.
Solutions for E ltd. Alloted 10,000 shares to the application of 14,000 share on pro- rata basis and the application money on 6,000 share are refunded. The amount payable on the application was Rs 2 share and on allotment Rs 5 per share . Mrs. A a shareholder did not pay the allotment money Rs 630 due to him. Find the number of share alloted to him with explanation : A. 126 B. 315 C. 150 D. 210? in English & in Hindi are available as part of our courses for Class 12.
Download more important topics, notes, lectures and mock test series for Class 12 Exam by signing up for free.
Here you can find the meaning of E ltd. Alloted 10,000 shares to the application of 14,000 share on pro- rata basis and the application money on 6,000 share are refunded. The amount payable on the application was Rs 2 share and on allotment Rs 5 per share . Mrs. A a shareholder did not pay the allotment money Rs 630 due to him. Find the number of share alloted to him with explanation : A. 126 B. 315 C. 150 D. 210? defined & explained in the simplest way possible. Besides giving the explanation of
E ltd. Alloted 10,000 shares to the application of 14,000 share on pro- rata basis and the application money on 6,000 share are refunded. The amount payable on the application was Rs 2 share and on allotment Rs 5 per share . Mrs. A a shareholder did not pay the allotment money Rs 630 due to him. Find the number of share alloted to him with explanation : A. 126 B. 315 C. 150 D. 210?, a detailed solution for E ltd. Alloted 10,000 shares to the application of 14,000 share on pro- rata basis and the application money on 6,000 share are refunded. The amount payable on the application was Rs 2 share and on allotment Rs 5 per share . Mrs. A a shareholder did not pay the allotment money Rs 630 due to him. Find the number of share alloted to him with explanation : A. 126 B. 315 C. 150 D. 210? has been provided alongside types of E ltd. Alloted 10,000 shares to the application of 14,000 share on pro- rata basis and the application money on 6,000 share are refunded. The amount payable on the application was Rs 2 share and on allotment Rs 5 per share . Mrs. A a shareholder did not pay the allotment money Rs 630 due to him. Find the number of share alloted to him with explanation : A. 126 B. 315 C. 150 D. 210? theory, EduRev gives you an
ample number of questions to practice E ltd. Alloted 10,000 shares to the application of 14,000 share on pro- rata basis and the application money on 6,000 share are refunded. The amount payable on the application was Rs 2 share and on allotment Rs 5 per share . Mrs. A a shareholder did not pay the allotment money Rs 630 due to him. Find the number of share alloted to him with explanation : A. 126 B. 315 C. 150 D. 210? tests, examples and also practice Class 12 tests.
|
|
Explore Courses for Class 12 exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup