A company allotted 20,000 shares to the applicants of 50,000 shares after rejecting 10,000 applications. In which ratio the company allotted the share?

2:1

The correct answer is option 4- 2:1.

Share application received = 50,000
Rejected applications = 10,000
Remaining applications = 50,000 - 10,000
                                     = 40,000
Allotted shares = 20,000

Ratio of Allotment of shares = 40,000 : 20,000
                                            = 2:1