alleryStart learning →A shareholder with 10,000 shares gets rights 1:5 at Rs 80. Money payable if fully taken up:
ARs 1,60,000
BRs 8,00,000
CRs 16,000
DRs 2,00,000
Answer & Solution
Correct answer: A. Rs 1,60,000
Rights shares are 10,000 / 5 = 2,000, and 2,000 x Rs 80 equals Rs 1,60,000.
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