The correct answer is: A. Rs 1.23
Dividend per share (DPS) is calculated by dividing the total dividends paid to common stockholders by the number of common shares outstanding. In this case, the total dividends paid to common stockholders is Rs 67,600,000 and the number of common shares outstanding is 55,000,000. Therefore, the DPS is Rs 67,600,000 / 55,000,000 = Rs 1.23.
Option B is incorrect because it is the dividend per share for preferred stockholders. Option C is incorrect because it is the dividend per share for common stockholders if the total dividends paid to common stockholders was Rs 111,200,000. Option D is incorrect because it is the dividend per share for common stockholders if the number of common shares outstanding was 40,000,000.