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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 times

B

8.57%

C

0.11 times

D

11.00%

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Solution

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Correct option is B)

Price earning ratio = Price/Earning per share = Rs.30/Rs.3.5 = 8.57%. Hence, the correct option is B.

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