Question

a man invest equal amount of money in two companies A and B. company A pays a dividend of 15% and its rupees 100 shares are available at 20% discount. the shares of company B has a nominal value rupees 25 and available at 20% premium if at the end of 1 year the man get equal dividend from both the company's find the rate of dividend paid by the company B

Answer 1

for company A
invest=x
d%=15%
N.V=rs 100
M.V.=100-20=rs80
no of shares=invest /M.V
x/80
income=x/80×15%×100
3x/16

now for company B
invest=x
N.V.=rs 25
M.V.=25+(20/100)×25
rs30
no of shares=x/30
Income=x/30*d%*25
xd/120


now A.I is equal of both companies
3x/16=xd/120
d =22.5%
plzz check the answer