Q280
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
AnswerB.
8.57%
C.
0.11 times
D.
11.00%
Answer: Option A
Solution
Answer: Option A
Solution:
Price for earning ratio = Price per share ÷ Earning per share = Rs 30 ÷ Rs 3.5 = 8.57 times