If the NAV of 1 unit is ₹80 , then how many units will be alloted for an investment of ₹64800?

810

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800

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801

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811

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Solution

The correct option is A 810
Total Fund Value
= NAV of 1 unit $\times$ Number of units

Number of units $= \frac{Total fund value}{NAV of one unit}$

$= \frac{64800}{80}$

$= 810$

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