6,000 shares of Rs 100 bought at Rs 130 from Rs 5 lakh premium. Balance left?
ARs 3,20,000
BRs 2,60,000
CRs 4,20,000
DRs 1,80,000
Answer & Solution
Correct answer: A. Rs 3,20,000
The premium paid is Rs 30 times 6,000, which is Rs 1,80,000, leaving Rs 3,20,000 in the account.
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