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Accountancy · 2025 · 1 mark
CBSE 2025 · Region 4 · Set 2 · Q4
Diksha Ltd. invited applications for issuing 1,00,000 equity shares of 10 2 each at a premium of 10%. The whole amount was payable on application.…
Diksha Ltd. invited applications for issuing $\displaystyle 1,00,000$ equity shares of $\displaystyle 10$ $\displaystyle 2$ each at a premium of $\displaystyle 10$%. The whole amount was payable on application. Applications were received for $\displaystyle 3,00,000$ equity shares. The company decided to allot the shares on pro-rata basis to all the applicants. The amount refunded by the company was :
Official answer
(A)
₹ $\displaystyle 22,00,000$
Marking-scheme solution
(A)
-- ₹$\displaystyle 22,00,000$
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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.