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Accountancy · 2025 · 1 mark
CBSE 2025 · Region 2 · Set 2 · Q3
Ajay Ltd. forfeited 100 shares of ₹ 10 each for non-payment of first call of ₹ 1 per share and second and final call of ₹ 3 per share. The minimum…
Ajay Ltd. forfeited $\displaystyle 100$ shares of ₹ $\displaystyle 10$ each for non-payment of first call of ₹ $\displaystyle 1$ per share and second and final call of ₹ $\displaystyle 3$ per share. The minimum price per share at which these shares can be reissued will be :
Official answer
(B)
₹ $\displaystyle 4$
Marking-scheme solution
(B)
₹$\displaystyle 4$
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CBSE Class 12 Accountancy past-paper question from the 2025 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.