511 limit for minor version is per item or per library

Question

I have gone through below link https://technet.microsoft.com/en-us/library/cc262787.aspx

which says The maximum number of minor file versions is 511. This limit cannot be exceeded.

My Question here is, lets say I have document library (enabled for major and minor versions).

I add one document with 50 minor versions and then one major version.

By following this method when I will have 11th major version, by that time I have 550 minor versions for same document.

Is this possible?

In simple words, 511 limit for minor version is per item or per library.

Answer 1

As mentioned here: Introduction to versioning.

By default, each major version can have up to 511 drafts (minor versions)

This should still hold true for SharePoint 2013.