Question:
Total number of shares into which the authorised share capital of the company is divided is:
Total number of shares into which the authorised share capital of the company is divided is:
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To calculate the total number of shares from authorised capital, divide the total authorised capital amount by the face value per share.
Updated On: Jul 15, 2025
- 10,00,000
- 5,00,000
- 1,00,000
- 11,50,000
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The Correct Option is A
Solution and Explanation
Step 1: From the question, the authorised capital is given as: \[ 1,00,00,000 \] Step 2: Each equity share has a face value of 10. So, the total number of authorised shares is: \[ \frac{1,00,00,000}{10} = 10,00,000 \text{ shares} \] \(\Rightarrow\) The authorised capital is divided into 10,00,000 equity shares of 10 each.
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