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A company issue 40000equity shares of …

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A company issue 40000equity shares of 100 the shares money was on application. 30 allotment.50 On call 20. Raman holding 80shares could not pay his call money on time nanthan another Farmer paid call money along with allotment money . Raman paid the amount him after 4months explaining the reason for delay the company did not charge any interest from him . Calculate the amount received by the company on allotment.
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