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

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