Following information is provided by A Ltd. : in lakh 2,00,000, 8% Preference Shares of 100 each fully paid-up 200 60,00,000 Equity Shares of 10 each fully paid-up 600 Reserves and Surplus 270 External Liabilities 480 Av

Following information is provided by A Ltd. : in lakh 2,00,000, 8% Preference Shares of 100 each fully paid-up 200 60,00,000 Equity Shares of 10 each fully paid-up 600 Reserves and Surplus 270 External Liabilities 480 Average profit after tax, earned every year by the company 169 The normal return earned on the market value of fully paid-up equity shares of the same type of the company is 15%. Assume that 2% of total assets are worthless. The intrinsic value per equity share will be :