1497. Price per share is Rs 30 and an earning per share is Rs 3.5 then price for earning ratio would be

By /
8.57 times
8.57%
0.11 times
11.00%
✅ The correct answer is A.
Price for earning ratio = Price per share ÷ Earning per share
= Rs 30 ÷ Rs 3.5 = 8.57 times

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