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A limited company forfeited 300 shares of Mr X who had applied for 500 shares on account of non-payment of allotment money of ₹ 3 + 2 (premium) and first call of ₹ 2. Only ₹ 3 per share was received with application. Out of these, 200 shares were reissued to Mr Y as fully paid shares for ₹ 8 per share excluding premium. The profit on reissue is ______________.