Question: I need clarification for the answer please, 72. A company earned a net profit of Rs. 650,000 ; Numbers of equity shares outstanding is 130,000

I need clarification for the answer please,

72. A company earned a net profit of Rs. 650,000 ; Numbers of equity shares outstanding is 130,000 and the market price of its equity share is Rs. 50 . What is the company's price earnings (PE) ratio? a. 40.63 b. 65.07 C. 10 d. Insufficient information

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