Solved

If Applicants for 80,000 Shares Were Allotted 60,000 Shares on Prorata

Question 20

Multiple Choice

If applicants for 80,000 shares were allotted 60,000 shares on prorata basis, the shareholder who was allotted 1,200 shares must have applied for :


A) 900 Shares
B) 3,600 Shares
C) 1,600 Shares
D) 4,800 Shares

Correct Answer:

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