The following information with respect to a company is given below:
Net profit before tax = Rs. 1,00,000
10% Preference share capital (Rs. 10 each)=Rs. 1,00,000
Equity share capital (Rs. 10 each) = Rs. 100,000
Taxation at 50% of Net profit
Which one among the following is the earning per share?
1
zero
2
Rs. 4
3
Rs. 10
4
Rs. 40