Question

Mr. Kumar invested RS. 25000 in a mutual fund scheme . The NAV of one unit is RS. 125 then how many unit were obtain.

Answer 1

Step-by-step explanation:

what is NAV kindly tell full form of it

Answer 2

Answer:

200 units were obtained

Step-by-step explanation:

NAV -Net asset value

NAV  represents a fund's per share market value.

It is the price at which investors buy  fund shares from a fund company or sell them  to a fund company

Mr. Kumar invested RS. 25000

NAV of one unit is RS. 125

Units obtaines  = AMount Invested / NAV Value

= 25000/125

= 200

200 units were obtained