Q.  Prorata basis allotted 5000 shares out of7500 shares were applied, then 600 shareswere applied by a person, how many sharesallotted and how much amount adjusted toallotment account. If application money isRs.2 per share ____, ______?

1. 200 shares 300/-
2. 400 shares 600/-
3. 200 shares 600/-
4. 300 shares 500/-