Read the following passage and answer the following question.

ACD Ltd. was registered with a nominal capital of 30,000 shares of ₹10 each, Out of which 20,000 shares were offered to the public. The amount payable is ₹3 per share on the application, ₹4 per share on the allotment, and ₹3 per share on the first and final call. 19,000 shares are subscribed by the public which is allotted to them. All shareholders pay the full amount except a shareholder Ram who hold 1,000 shares not pay the final call.

How much amount will be written in the 'subscribed and fully paid-up capital' of the company?

₹1,80,000

The correct answer is option 3- ₹1,80,000.

19,000 Shares are subscribed by the public, out of it 1,000 shares do not pay final call which means 18,000 shares are fully paidup.
So, subscribed and fully paid-up capital = 18,000 X 10
                                                         = ₹1,80,000