2) Sonali invested ₹ 40000 in a mutual fund with NAV = ₹ 23.72 , then the number of units acquired by her
Answers
Answered by
6
Answer:
the number of units acquired by her is 1686.34
Step-by-step explanation:
amount invested = Rs 40000
Nav of 1 unit = Rs 23.72
No. of units = 40000/23.72
= 1,686.34
Answered by
0
Answer:
Number of units acquired by her are 1686.34
Step-by-step explanation:
Given:
Amount of money Sonali invested= Rs. 40,000
Price of 1 NAV= Rs. 23.72
Number of units acquired by her = total investment / 1 NAV
= 40,000 / 23.72= 1686.34
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