How much is Paid up Capital?

Rs 2,00,00,000

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Rs 1,80,00,000

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Rs 1,70,00,000

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Rs 71,00,000

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Solution

The correct option is D Rs 71,00,000
Paid up capital is total money paid by all the shareholders after deducting all the all those amount which are not paid after being called up.
$S u b s c r i b e d S h a r e C a p i t a l = S h a r e s o f f e r e d \times c a l l e d u p v a l u e$
Substitute the values in above equation
$S u b s c r i b e d S h a r e C a p i t a l = 9, 00, 000 \times 8 = R s 72, 00, 00$
$M o n e y n o t p a i d = N o . o f s h a r e s \times A m o u n t p e r s h a r e$
Substitute the values in above equation
$M o n e y n o t p a i d = 50, 000 \times 2 = R s 1, 00, 000$
$P a i d u p c a p i t a l = S u b s c r i b e d c a p i t a l - M o n e y n o t p a i d$
Substitute the values in above equation
$P a i d u p c a p i t a l = R s 72, 00, 000 - R s 1, 00, 000 = R s 71, 00, 000$ .

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