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Question

The NAV of a unit in mutual fund scheme is Rs.10.65 then find the amount required to buy 500 such units.

A
5325
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B
5235
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C
532500
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D
53250
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Solution

The correct option is A 5325
Soln Amount (NAV) for a single unit is Rs 10.65
then for 500 items
then amount required is =
Price for 1 unit × no.of units
=10.65×500
=5325

1184629_898848_ans_8c29e658c3c643568888f5dfedb2593f.jpg

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