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A company issues 1,00,000 shares of Rs. 10 each. What total value is raised?
ARs. 1,00,000
BRs. 1,00,00,000
CRs. 10,00,000
DRs. 10,000
Answer & Solution
Correct answer: C. Rs. 10,00,000
1,00,000 shares multiplied by Rs. 10 gives Rs. 10,00,000.
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