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A Company Is Allowed by Law to Sell 200 000

Question 88

Multiple Choice

A company is allowed by law to sell 200 000 shares at Rs.2.00 each. Three-quarters (3/4) of these shares were bought by the public. What is the issued share capital?


A) Rs. 100 000
B) Rs. 300 000
C) Rs. 400 000
D) Rs. 500 000

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