Question
A trader buys one futures contract at Rs.50 and sold it
at Rs.80. If the lot size is 75 and the total expense of trading in the contract is Rs.225, what is the return of the trader?Solution
Total cost = Rs.50*75 + Rs.225 = Rs.3975 Total sell price = Rs.80 *75 = Rs.6000 Profit = Rs.6000-Rs.3975 = Rs.2025 Â
More Banking System in India Questions
 Fill in the blanks with the appropriate antonym of the word in Italic from the options given:
His optimistic outlook was replaced by _______ ...
Absolve
His speech was articulate and well-delivered.
The river was shallow near the shore.
Ammeter : Current :: Altimeter : ?
Select the most appropriate antonym of the given word.
Cheerful
- Each of the following questions consists of two words which have a relationship to each other. This is followed by four pairs of related words. Choose the ...
Select the most appropriate synonym of the given word.
DETAIN
- Choose the word opposite in meaning to the bold word.
Benign Something that can be very easily broken.
