Marco polo Ltd. Forfeited 5,000 equity shares of ₹ 10 each issued at a premium of 10% for non-payment of second and final call of ₹ 2 per share. The minimum amount at which these shares can be reissued as fully paid up will be:
(a) ₹ 5,000
(b) ₹ 10,000
(c) ₹ 12,000
(d) ₹ 50,000
The correct answer is option –
(b) ₹ 10,000
How can u explain me this