Question

31. A mutual fund charges 1% entry load and no exit load. Its NAV is Rs.16; its sale and repurchase price w
:
(A) Rs. 16 and Rs.15.80
(B) Rs.16.16 and Rs. 15.84
(C) Rs.15.84 and Rs.16
(D) Rs.16.16 and Rs.16
22
Which of the below
tioned statement is not true?​

Answer 1

Answer:

C

Explanation:

If we multiple 31.A ×16