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A company reported dilutive EPS to be Rs 2.5. The company has Rs 100000, 6% debentures convertible into 10000 equity shares and 1,00,000 equity shares
A company reported dilutive EPS to be Rs 2.5. The company has Rs 100000, 6% debentures convertible into 10000 equity shares and 1,00,000 equity shares outstanding on 31st March 2020. Find out basic EPS of the company. Tax rate prevailing in country is 30%.
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