Question

the market value of mutual fund is 400 crore rupees. which are divided into 8 crore units. A) Suppose you invest 10 thousand rs in the units how many units will you get? B) while selling the units if their market value is increased by 10% how much amount will you get by selling them? step by step please!

Answer 1

Answer:

200 units and Rs 11,000

Given market value of mutual fund is 400 crore rupees which is divided into 8 crore units . here we have to find the number of units we get and also the amount by selling these units.

This means 400 crore rupees is divided into 8 crore units

Therefore 1 crore unit is divided into 400 crore / 8 crore which is 50 rupees per unit.

(a) It is given that you invest rs 10,000. Now we have

for 1 unit it is rs 50

for rs 10,000 it will be 10,000 / 50 = 200 units

(b) market value is increased by 10%

So 10% of 50 will be rs 5 and 50 + 5 = rs 55

Answer 2

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Here is your answer
Market Value of mutual fund is Rs 400 crores

Total units is 8 crore
Now
Unit price is
$= \frac{400 \: crores}{8 \: crores} \\ \\ = 50 \: rupees$
If we invested Rs 10,000 in the unit
then we have
Number of units is
$= \frac{10000}{50} \\ \\ = 200 \:$
B)

If we sell it when it is increased by 10%

So Unit price is increases is
$= 50+ \frac{10}{100} \times 50 \\ \\ = 50 + 5 \\ \\ = 55$
Therefore we get by selling them is
= 55 × 200
= Rs 11,000

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