Let density of water be ρw
Since radius of both spheres are same hence their volume will be equal.
Let volume of iron sphere = volume of wood sphere = V
Upthrust on Iron sphere = Upthrustiron = Vρwg
Upthrust on Wood sphere = Upthrustwood = Vρwg
Comparing the upthrust on the two spheres:
Upthrustiron : Upthrustwood = Vρwg : Vρwg = 1 : 1