Which of the following statements about the P/E ratio (Price-to-Earnings ratio) is/are correct?
a. The P/E ratio is calculated by dividing the current market price of a stock by its Earnings Per Share (EPS).
b. A high P/E ratio indicates that investors are expecting higher future growth in earnings.
c. A low P/E ratio indicates that stock is overvalued.
d. The P/E ratio is primarily used to evaluate the liquidity of a company.
A sum of Rs. 800 amounts to Rs. 920 in 3 years at simple interest. What would be the amount, if the interest rate is increased by 3%?
In what ratio must water be mixed with milk to gain 20% by selling the mixture at cost price?