CA CPT 2013 Dec Question Paper Fundamentals of Accounting for online practice

Question : 58 of 60

Marks: +1, -0

A company issued shares for 5,000 but applications are received for 7,500 shares. Mr. X applied for 600shares. How many shares he will get & how much amount is transferred to allotment money, whereapplication money is Rs.3 per share?