alleryStart learning →Paid-up capital Rs 40 lakh and free reserves Rs 60 lakh. Maximum buy-back is:
ARs 10 lakh
BRs 25 lakh
CRs 40 lakh
DRs 15 lakh
Answer & Solution
Correct answer: B. Rs 25 lakh
Twenty-five percent of Rs 1,00,00,000 is Rs 25 lakh.
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