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Pro Rata Allotment Calculation Questions

Practice 1 Pro Rata Allotment Calculation questions with detailed answers and explanations. Free MCQs, PYQs, and mock test questions for NEET, JEE, GATE, SSC and more.

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Practice by Exam:Accountancy(1)

About Pro-Rata Allotment Calculation โ€” practice questions, PYQs & concepts

Pro-Rata Allotment Calculation is a frequently-tested topic on Accountancy. ExamTest.live currently lists 1 Pro-Rata Allotment Calculation questions spanning previous-year papers from 2026 to 2026, each with worked solutions and a step-by-step explanation. Use the filters on this page to focus on a specific exam, difficulty level or year โ€” every answer key is free, no sign-up required.

Pro-Rata Allotment Calculation weight in competitive exams

Across our Pro-Rata Allotment Calculation question bank, the largest sources are Accountancy (1). Click any exam chip above to drill down to that exam-specific question set.

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All Pro Rata Allotment Calculation Questions(1โ€“1 of 1)

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Q1hardmcqAccountancyCUET Accountancy 2025 14 May Shift 12026
High Light India Ltd. invited applications for 30,000 Shares of Rs. 100 each at a premium of Rs. 20 per share payable as follows:On Application Rs. 40 (including Rs.10 premium)On Allotment Rs. 30 (including Rs.10 premium)On First Call Rs. 30On Second and Final Call Rs. 20 Applications were received for 40,000 shares and pro-rata allotment was made on the application for 35,000 share. Excess application money was utilised towards allotment.Rohan to whom 600 shares were allotted failed to pay the allotment money and his shares were forfeited immediately after allotment.Aman who applied for 1,050 shares failed to pay first call and his share were forfeited immediately after first Call.Second and final call was made. All the money due on second call have been received.Of the shares forfeited, 1,000 share were reissued as fully paid-up for Rs. 80 per share, which included the whole of Aman's shares. Amount recieved on allotment:

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We have 1 Pro Rata Allotment Calculation questions spread across 1 pages, covering easy, medium, and hard difficulty levels with detailed explanations.
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Pro Rata Allotment Calculation questions are commonly asked in Accountancy. You can filter by exam using the links above.
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