What is the outcome of an arithmetic expression or function called?

Question

Alfa Ltd. offered for public subscription 50,000 equity shares of ₹ 10 each at ₹ 110 per share. The entire amount was payable on application. Applications were received for 48,000 shares and allotment was made to all the applicants. The amount received on application will be:

Answer 1

A Derived Value is the result of an arithmetic expression or function, calculated according to arithmetic rules or function logic from provided inputs or expressions.

What is the outcome of an arithmetic expression or function called?

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The Correct Option is C

Solution and Explanation

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