n NISM Certifications
XV NISM Series XV
Medium

A business reports EBIT of Rs. 1,60,000, which is 40% of its sales. If the net profit margin is 25% and there are 16,000 shares outstanding, what is the Earnings Per Share (EPS)?

Practice question from NISM XV Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Rs. 6.25

    Correct answer

  2. B

    Rs. 1.80

  3. C

    Rs. 16

  4. D

    Rs. 4.50

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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