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A company allotted 20,000 shares to applicants of 50,000 shares after rejecting 10,000 applications. The ratio in which company allotted the share will be
  • a)
    5:2
  • b)
    5:3
  • c)
    2:1
  • d)
    3:1
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
A company allotted 20,000 shares to applicants of 50,000 shares after ...
Given:
Total number of shares allotted = 20,000
Total number of shares applied for = 50,000
Total number of applications rejected = 10,000

To find:
The ratio in which the company allotted the share

Solution:
Total number of shares available = Total shares allotted + Total shares rejected
= 20,000 + 10,000
= 30,000

Remaining shares = Total shares applied for - Total shares available
= 50,000 - 30,000
= 20,000

The ratio in which the shares were allotted can be found by dividing the total number of shares allotted by the remaining shares.

Ratio = Total shares allotted : Remaining shares
= 20,000 : 20,000
= 1 : 1

To convert the ratio to the required form, we can multiply both sides by a constant. Since the options given have different denominators, we need to find a constant that will give us the required ratio.

The options are:
a) 5:2
b) 5:3
c) 2:1
d) 3:1

The required ratio is 2:1, which is option (c).

Therefore, the company allotted the shares in the ratio of 2:1.
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Community Answer
A company allotted 20,000 shares to applicants of 50,000 shares after ...
Applicants of 40,000 shares allotted 20,000 shares Ratio 40,000 : 20,000 = 2:1
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A company allotted 20,000 shares to applicants of 50,000 shares after rejecting 10,000 applications. The ratio in which company allotted the share will bea)5:2b)5:3c)2:1d)3:1Correct answer is option 'C'. Can you explain this answer?
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