Practicing Success
A company issued 4,000 equity shares of ₹10 each at par payable as under : |
What is the pro-rata ratio of allotment? |
3:5 13:10 12:11 5:2 |
5:2 |
Applications for 13000 shares received. Out of it 3000 applicants have been rejected means pro-rata made on 10000 shares to whom 4000 should be allotted. |