Question

If NAV of Mutual fund is 18 at the beginning of the year and is 25 at the end of the year find absolute change in NAV during the year​

Answer 1

Answer:

It is given that two circle having radii 5.5 cm and 4.2 cm touch each other externally. We know, the distance between the centres of the circles touching externally is equal to the sum of their radii. Thus, the distance between their centres is 9.7 cm.

Answer 2

Given;

NAV of a fund at the time of purchase was rs.117 and its NAV after 15 months was Rs. 135.

To Find;

Annualized change in the NAV  

Solution;

We can simply solve this numerical by the following approach.

We know that,

NAV of a fund at the time of purchase was Rs. 18

NAV after 12 months was Rs. 25

∴ NAV increased by = Rs (25-18)

                                  = Rs 7

Thus,

NAV changed by + Rs 7 in 12 month

Now,

NAV changed in 12 months = Rs 7

As a result, the annualized change in the NAV during the year is Rs. 7.