Ashok and Sandeep invested Rs 18000 each in buying shares of two different companies, Ashok buys 7.5%. Rs 100 share at a discount of 20%, whereas Sandeep buys Rs 50 share at a premium of 20%. If both receive equal dividend at the end of the year, then find the rate of dividend received by Sandeep.

Ashok and Sandeep invested Rs 18000 each in buying shares of two diffe

1.	Ashok and Sandeep invested Rs 18000 each in buying shares of two different companies, Ashok buys 7.5%. Rs 100 share at a discount of 20%, whereas Sandeep buys Rs 50 share at a premium of 20%. If both receive equal dividend at the end of the year, then find the rate of dividend received by Sandeep.
Answer» Ashok and Sandeep invested Rs 18000 each in buying shares of two different companies, Ashok buys 7.5%. Rs 100 share at a discount of 20%, whereas Sandeep buys Rs 50 share at a premium of 20%. If both receive equal dividend at the end of the year, then find the rate of dividend received by Sandeep.

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Ashok and Sandeep invested Rs 18000 each in buying shares of two different companies, Ashok buys 7.5%. Rs 100 share at a discount of 20%, whereas Sandeep buys Rs 50 share at a premium of 20%. If both receive equal dividend at the end of the year, then find the rate of dividend received by Sandeep.

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