Question

EXAMPLES OF NO LOADS, NO DIVIDEND
Illustration 21 :
Trushna purchased 832.347 units of a Mutual Fund on 15th May, 2008
with NAV of 30.6546. Its NAV on 20th November, 2008 was 34.7394.
The fund had no entry and exit loads. Find amount invested by her on 15th
May and value of the investment on 20th November, 2008.​

Answer 1

Answer:

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Answer 2

Answer:

Kiran invested Rs. 25,000 in a mutual fund on 1st May, 2008. when NAV was Rs. 1,073.2568. Find the number of units purchased