Question

Ashok and sandeep invest rs 18,000 each in buying shares of two different companies. Ashok buys 7.5% rs 100 shares at a discount of 20% , whereas sandeep buys rs 50 shares at a premium of 20%. If both receive equal dividend at the end of the year, find the rate of dividend receive by sandeep.

Answer 1

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Answer 2

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