In the event of applications for 20,000 shares being invited and those received are for 25,000 shares, it is decieded to allot shares in the ratio of 4:5 to all applicants. How much shares shall be allotted to a shareholder who has applied for 1000 shares.

None of the above

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1200

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1000

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800

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Solution

The correct option is D
800

Ratio 4: 5 means for every 5 shares applied 4 shares are alloted.
So,
No. of shares allotted in case 1,000 shares applied = 1000 X 4/5 = 800

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In the event of applications for 20,000 shares being invited and those received are for 25,000 shares, it is decieded to allot shares in the ratio of 4:5 to all applicants. How much shares shall be allotted to a shareholder who has applied for 1000 shares.

The correct option is D 800 Ratio 4: 5 means for every 5 shares applied 4 shares are alloted. So, No. o​​​f shares allotted in case 1,000 shares applied = 1000 X 4/5 = 800

The correct option is D
800

Ratio 4: 5 means for every 5 shares applied 4 shares are alloted.
So,
No. of shares allotted in case 1,000 shares applied = 1000 X 4/5 = 800