BCD Ltd. invited applications for 100000 shares of ₹10 each which is payable as follows-
Application - ₹2
Allotment - ₹3
First and final Call - Balance amount
Applications for 300000 shares is received by the company. The Company made pro-rata on the all applicants and adjust excess money towards allotment only. Mr. A shareholder who had applied for 3000 shares failed to pay call money due to which company forfeited his shares and reissued at ₹8 per share as fully paid.

How many shares are allotted to Mr. A?

1000

The correct answer is option 2- 1000.

Those who have applied for 300000 shares are allotted 100000 shares.
Mr. A applied for 3000 shares
Shares allotted to Mr. A = 100000/300000 x 3000
                                  = 1/3 x 3000
                                  = 1000