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A shareholder holds 2,000 shares of Rs. 10 each, with Rs. 7 paid per share. What is the most he can be asked to pay?
ARs. 6,000
BRs. 3,000
CRs. 20,000
DRs. 14,000
Answer & Solution
Correct answer: A. Rs. 6,000
Unpaid amount is Rs. 3 per share, and 3 times 2,000 shares equals Rs. 6,000.
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