A club has 300 members each paying 100 Rs for annual subscription. Club has received subscription in the beginning of the current year ₹4,000 whereas received during the year ₹20,000. Calculate amount of outstanding Subscription.

₹6,000

Total Subscription for the year - 300*100 = 30,000 Less: Received during the year - 20,000 Less : Received in adavance - 4,000 Outstanding Subscription = 6,000