Read the following passage and answer the question. EFG Ltd. invited applications for 10,000 shares of ₹100 each at a premium of 10 each which is payable as follows- |
How many shares are applied by the shareholder named A? |
450 500 600 550 |
500 |
The correct answer is option 2- 500. Who allotted 10,000 shares applied for 12,500 shares |