Question

Market value of mutual fund is $400$ crore rupees which is divided into $8$ crore units .Suppose you invest rupees $10,000$ in the units how many units will you get?

Answer 1

Given market value of mutual fund is $400$ crore rupees which is divided into $8$ crore units

Here we have to find the number of units we get and also the amount by selling these units.

This means $400$ crore rupees is divided into $8$ crore units

$\therefore 1$ crore unit is divided into $\frac{400}{8}$ which is $50$ rupees per unit.

It is given that you invest Rs.$10,000$. Now we have

for $1$ unit it is Rs.$50$

for Rs.$10,000$ it will be $\frac{10,000}{50}=200$ units.

Hence, this is the answer.