Tag: investement and financial planning

Questions Related to investement and financial planning

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

investement and financial planning banking compound interest comparing quantity maths

  1. Rs.$5325$

  2. Rs.$5235$

  3. Rs.$53250$

  4. Rs.$5350$

Show answer
Correct Option: A
Explanation:

Amount required to buy $500$ such units

$=10.62\times500$
 $=Rs.5325$