A Ltd has allotted 10,000 shares to the applicants of 14,000 shares on pro-rata basis, The amount payable an application is Rs. 2. Mr. X applied for 420 shares. The number of shares allotted and the amount carried forward for adjustment against allotment money due from X is

A. 60 shares, Rs. 120

B. 320 shares, Rs. 200

C. 340 shares, Rs. 160

D. 300 shares, Rs. 240

Answer: Option D