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Can you explain the answer of this question below:
A company invited application for subscription of 5000 shares. The application were received for 6000 shares. The share were allotted on pro-rata bases. If Shyam applied for 180 shares, how many shares would be allotted to him?
- A:180
- B:200
- C:150
- D:175
The answer is c.
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Can you explain the answer of this question below:A company invited ap...
180×5000/6000= 150
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Can you explain the answer of this question below:A company invited ap...
Solution:
Given,
Total number of shares invited for subscription = 5000
Applications received = 6000
Shyam applied for 180 shares.
To find: How many shares will be allotted to Shyam?
Calculation:
Total number of shares applied by all applicants = 6000
Total number of shares invited for subscription = 5000
Therefore, the oversubscription ratio = 6000/5000 = 6/5
Pro-rata allotment means allotment of shares to applicants in proportion to the number of shares applied for.
Hence, the number of shares allotted to Shyam can be calculated as follows:
Shyam applied for 180 shares.
So, the proportion of shares allotted to Shyam = (180/6000)
Total shares allotted = Total shares applied x Proportion of shares allotted
Total shares allotted to Shyam = 5000 x (180/6000) x (5/6) = 150
Therefore, the number of shares allotted to Shyam is 150.
Given,
Total number of shares invited for subscription = 5000
Applications received = 6000
Shyam applied for 180 shares.
To find: How many shares will be allotted to Shyam?
Calculation:
Total number of shares applied by all applicants = 6000
Total number of shares invited for subscription = 5000
Therefore, the oversubscription ratio = 6000/5000 = 6/5
Pro-rata allotment means allotment of shares to applicants in proportion to the number of shares applied for.
Hence, the number of shares allotted to Shyam can be calculated as follows:
Shyam applied for 180 shares.
So, the proportion of shares allotted to Shyam = (180/6000)
Total shares allotted = Total shares applied x Proportion of shares allotted
Total shares allotted to Shyam = 5000 x (180/6000) x (5/6) = 150
Therefore, the number of shares allotted to Shyam is 150.
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Community Answer
Can you explain the answer of this question below:A company invited ap...
First step- as we have excess application ... so we take ratio or we can say ..pro rata allotment of ' no. of shares issued by company and number of applications we have recieved.
5000 and 6000
5000/6000= 5/6
and then
180×5/6= 150
5000 and 6000
5000/6000= 5/6
and then
180×5/6= 150
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Can you explain the answer of this question below:A company invited application for subscription of 5000 shares. The application were received for 6000 shares. The share were allotted on pro-rata bases. If Shyam applied for 180 shares, how many shares would be allotted to him?A:180B:200C:150D:175The answer is c.
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Can you explain the answer of this question below:A company invited application for subscription of 5000 shares. The application were received for 6000 shares. The share were allotted on pro-rata bases. If Shyam applied for 180 shares, how many shares would be allotted to him?A:180B:200C:150D:175The answer is c. for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Can you explain the answer of this question below:A company invited application for subscription of 5000 shares. The application were received for 6000 shares. The share were allotted on pro-rata bases. If Shyam applied for 180 shares, how many shares would be allotted to him?A:180B:200C:150D:175The answer is c. covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Can you explain the answer of this question below:A company invited application for subscription of 5000 shares. The application were received for 6000 shares. The share were allotted on pro-rata bases. If Shyam applied for 180 shares, how many shares would be allotted to him?A:180B:200C:150D:175The answer is c..
Can you explain the answer of this question below:A company invited application for subscription of 5000 shares. The application were received for 6000 shares. The share were allotted on pro-rata bases. If Shyam applied for 180 shares, how many shares would be allotted to him?A:180B:200C:150D:175The answer is c. for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Can you explain the answer of this question below:A company invited application for subscription of 5000 shares. The application were received for 6000 shares. The share were allotted on pro-rata bases. If Shyam applied for 180 shares, how many shares would be allotted to him?A:180B:200C:150D:175The answer is c. covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Can you explain the answer of this question below:A company invited application for subscription of 5000 shares. The application were received for 6000 shares. The share were allotted on pro-rata bases. If Shyam applied for 180 shares, how many shares would be allotted to him?A:180B:200C:150D:175The answer is c..
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