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Question

Mr. Gupta has a choice to invest in ten-rupee shares of two firms at Rs.13 or at Rs. 16. If the first firm pays 5% dividend and the second firm pays 6% dividend per annum, find which firm is paying better?

A
1st firm
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B
2nd firm
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C
Both paying equal
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D
Can't be determined
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Solution

The correct option is C 1st firm

So, 1st firm is paying better.
1421417_429637_ans_2fd8280b259447ea9b381ba5fd78a162.PNG

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