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Question
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%
B
11.00%
C
8.57 times
D
0.11 times
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Solution
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Correct option is B. 8.57% Price earning ratio = Price/Earning per share = Rs.30/Rs.3.5 = 8.57%. Hence, the correct option is B.
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