VXN Ltd. had allotted 10,000 shares to the applicants of 14,000 shares on pro-rata basis. The amount payable on application was ₹ 2. Arun applied for 420 shares. The number of shares allotted and the amount carried forward for adjustment against allotment money due from Arun will be:
a. 60 shares;₹ 120
b. 340 shares;₹ 160
c. 320 shares;₹ 200
d. 300 shares;₹ 240

Dear Student



Regards
 

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