Question

If the total value of the mutual funds is really 200 crore and 8 crore units are issued then find the NAV of one unit​

Answer 1

NAV of one unit = Rs 25

Step-by-step explanation:

NAV : Net Asset Value

total value of the mutual funds  = 200 Crore  Rs

Number of units sold = 8 Crore units

NAV  of one unit  =   Total Value / number of units

= 200 crore/ 8 Crore

= 200/8

= 25

NAV of one unit = Rs 25

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Answer 2

Answer:

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NAV : Net Asset Value

total value of the mutual funds = 200 Crore Rs

Number of units sold = 8 Crore units

NAV of one unit = Total Value / number of units

= 200 crore/ 8 Crore

= 200/8

= 25

NAV of one unit = Rs 25