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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