The total amount for the share application is ___

None of the above

No worries! We‘ve got your back. Try BYJU‘S free classes today!

No. of Shares Allotted X amount called on allotment

No worries! We‘ve got your back. Try BYJU‘S free classes today!

No. of share allotted X application amount called

No worries! We‘ve got your back. Try BYJU‘S free classes today!

No. of Application X application amount per share

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D
No. of Application X application amount per share

The total amount for the share application is -
No. of application X Application amount per share

Suggest Corrections

Similar questions

Q. X who applied for 100 shares was allotted 80 shares. The amount of demanded was Rs 2 on application, Rs 2 on allotment, Rs 2 as first call and Rs 3 on second call. He did not pay anything after application. The amount of calls-in-arrears is-

Q. Shiril Ltd. had allotted 40,000 shares to the applicants of ₹56,000 shares on a pro rata basis. The amount payable on application is ₹2 per share. Mahira applied for 1,680 shares. Calculate the number of shares allotted to Mahira:

[2 marks]

A company issued 4,000 equity shares of Rs. 10 each at par payable as under :

On application Rs. 3; On allotment Rs. 2; On first call Rs. 4 and on final call Rs. 1 per share

Applications were received for 13,000 shares. Applications for 3,000 shares were rejected and pro-rata allotment was made to the applicants for 10,000 shares. How much amount will be received in cash on the first call? Excess application money is adjusted towards the amount due on allotment and calls.

Q. 'Samta Limited invited applications for issuing