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. $5325$
• B. $5235$
• C. $532500$
• D. $53250$

Answer 1

The correct option is A $5325$

Sol${}^n$ Amount (NAV) for a single unit is Rs 10.65

then for 500 items

then amount required is $=$

Price for 1 unit $\times$ no.of units

$=10.65\times 500$

$=5325$