CBSE 2025 · Region 5 · Set 1 · Q13

X Ltd. invited applications for issuing $\displaystyle 90,000$ equity shares of $\displaystyle 100$ each. $\displaystyle 2$ The amount per share was payable as follows : On Application - $\displaystyle 2$ $\displaystyle 20$ On Allotment - $\displaystyle 2$ $\displaystyle 50$ On First and final call Balance Applications for $\displaystyle 2,00,000$ shares were received. An applicant who had applied for $\displaystyle 5,000$ shares paid the entire share money with the application. The total application money received by the company was :