If NAV of one unit is 25 rs then how many units will be alloted for the investment of rs 10000?
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Answered by
19
Answer:
1 unit is for 25
therefore x units for rs 10000
x = 10000 / 25
x = 400 units
Answered by
6
If NAV of one unit is Rs. 25 then 400 units will be alloted for the investment of Rs. 10000.
As given:
NAV or Net Asset Value of 1 unit= Rs. 25
As we know:
Number of units= Amount invested/ NAV
So, Number of units= 10000/25 = 400 units.
Or by using the unitary method:
Rs. 25 is the value for 1 unit
So, Rs. 1 is the value for 1/25 units
So, Rs. 10000 is the value of 400 units.
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