Q1272
A Ltd. issued a prospectus inviting applications for 2,000 shares. Applications were received for 3,000 shares and pro-data allotment was made on the applications of 2,400 shares. If A has been allotted 40 shares, how many shares he must have applied for ?
A.
40
B.
44
C.
48
AnswerD.
52
Answer: Option C
Solution
Answer: Option C
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