Read the following passage and answer the questions given below-

Abhishek Ltd. issued 5,000 debentures @ 9% p.a. of ₹100 each at a premium of ₹20 payable as follows-
Application- ₹40 including premium of ₹10
Allotment- ₹40 including premium of ₹10
Balance on the first and final call.
Applications were received fully and all amounts were received.

What will be the amount of allotment without securities premium?

₹1,50,000

The correct answer is option 3- ₹1,50,000

Total face value = ₹100
Allotment- ₹40 including premium of ₹10 means 40-10= ₹30
So, total amount = 5,000 x 30
                           = ₹1,50,000