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    • Question

      A company has a net profit of ₹5,00,000 and 1,00,000

      equity shares outstanding at the beginning of the year. During the year, it issued 50,000 additional shares on 1 October. What is the weighted average number of shares for EPS calculation?
      A 1,12,500 Correct Answer Incorrect Answer
      B 1,50,000 Correct Answer Incorrect Answer
      C 1,00,000 Correct Answer Incorrect Answer
      D 12,500 Correct Answer Incorrect Answer

      Solution

      The correct answer is A

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