If i. Net profit after taxes and preference share dividend is ₹ 10,00,000.
If
i. Net profit after taxes and preference share dividend is ₹ 10,00,000.
ii. No. of equity shares is 20,000.
Then earnings per share is:
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Correct answer: (A) ₹ 50
Explanation
EPS = profit for equity shareholders ÷ number of equity shares = 10,00,000 ÷ 20,000 = ₹50.