Comprehension Passage
Faltu Limited invited applications for 2,00,000 shares of Rs. 10 each. These shares were issued at a premium of Rs. 11 each which was allowed at the time of allotment. All money was called and duly received except on 10,000 shares on which only application money of Rs. 3 per share was received.
If the company, Faltu Limited, fails to receive the allotment money on 10,000 shares, leading to forfeiture, how much money effectively remains unpaid on these shares considering the original issue price including the premium?
1
Rs. 180,000
2
Rs. 170,000
3
Rs. 210,000
4
Rs. 200,000