Examveda
Examveda

Price per share is Rs 30 and an earning per share is Rs 3.5 then price for earning ratio would be

A. 8.57 times

B. 8.57%

C. 0.11 times

D. 11.00%

Answer: Option A

Solution(By Examveda Team)

Price for earning ratio = Price per share ÷ Earning per share
= Rs 30 ÷ Rs 3.5 = 8.57 times

This Question Belongs to Commerce >> Financial Management

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