Calculate the earning per share if the Profit available for Equity Shareholders is ₹1,38,000 and the Number of Equity Shares are 40,000.
Answer & explanation
Correct answer: option 2
The correct answer is option 2- ₹3.45.
EPS = Profit available for Equity Shareholders/ Number of Equity Shares
= 1,38,000/ 40,000
= ₹3.45