1000 shares of Rs. 10 each issued at par were forfeited for the non payment of the final call of Rs. 2 per share. These were re-issued @ Rs. 8 per share fully paid up. The profit on re-issue was

Keep practicing — related questions

• A company forfeited 100 equity shares of Rs. 100 each issued at a premium of 50% (to be paid at the time of...
• A man sells a book at profit of 30%. If he had bought it at 10% less and sold it for Rs. 8 less, he would h...
• As per the provisions of Section 93, when a cheque is dishoroured by non-acceptance or non-payment, the holder
• A steel organisation with 6,000 shares of nominal value of Rs. 150 each declares an annual dividend of 18%....
• A, B and C were partners sharing profits in the ratio 5 : 4 : 1. 'A' retired and new ratio was decided as 3...
• Mr Ravi had invested Rs. 52,000 in 18% Rs. 200 shares at a premium of 30%. What is the total number of shar...
• Mr Ravi had invested Rs. 52,000 in 18% Rs. 200 shares at a premium of 30%. What is the total income of Mr. ...
• Mr Ram bought a DVD set for Rs. 14,000. He sold it to Sham for Rs. 18,000. Sham sold it to Raj for Rs. 24,0...