Question

An investor sold his 121.5 units of a certain Mutual Fund when its NAV was Rs 31.3.

Then the amount received by him is Rs.



a) 3751 b) 3802.95

c) 3782 d) none of these​

Answer 1

Answer:

b 3802.95

Step-by-step explanation:

only multiply 121.5 by 31.3

Answer 2

Answer:

The amount received by him is Option b)Rs 3802.95

Step-by-step explanation:

Given : No of units of mutual fund = 121.5 units

          NAV = 31.3 Rs

             Sold amount received = ?

Solution : Sold amount = No of units x NAV

                                      = 121.5 x 31.3

                                        = 3802.95 Rs

The amount received by him is Rs 3802.95