Please,,, help for cpt qusation

648 views 1 replies

Hello,

         I Request To given me cpt exam june-2010 answer  following are qusation.

 1)  A company issues shares at Rs- 10 per share and forfieted shares on which Rs-8 each has been paid up. minimum price of re-issue of shares is ---------

           A) 10   B) 8   C) 5  D) 2

          

2) When demand is increases 20% and income is increases 10 %   what will be income elasticity of demand ?

          A) - 2   B) 3  C) 2  D) 4

3 In straight line demand curve touches two axies x and y while touches y axies the price elasticity of demand is------------

         A) Infinity  B) Zero  C) Both of these  D) None of these

Replies (1)

Hi Amit

I can help u with regard to accounts. The answer to Q No.1 is Rs. 2.

The campany can reissue the forfeitted at a discount, which shall not exceed the previously paid up amount. In that case the maximum discount of re-issues is Rs. 8. In that case the minimum re-issue price shall be Rs. 2.

Do let me know if u have any queries in accounts.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details