Question

Mr. Mukesh purchased a unit of Reliance Growth an open ended fund at Rs.280 & its NAV

after 13 months is Rs.370. Find the annualized change in NAV.

(a) 90% p.a. (b) 32.14% p.a. (c) 29.67% p.a. (d) 29.5% p.a.
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Answer 1

Answer:

Shivali bought 167kg of Rajma. 35% of it was sold at 12% loss. At what percent gain should he sell the rest to lose 13% on the whole transaction? (correct to two decimal)

(a) 13.64

(b) 14.58

(c) 13.54

(d) 13.39