alleryStart learning →A bonus issue of 2 shares for every 5 held on 2,50,000 shares gives how many new shares?
A50,000
B1,25,000
C2,50,000
D1,00,000
Answer & Solution
Correct answer: D. 1,00,000
2,50,000 divided by 5 is 50,000 sets, and 50,000 x 2 gives 1,00,000 bonus shares.
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