New Enroll in RBI Grade B New Batch - Starts on May 21

    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?
    A Profit of Rs.2250 Correct Answer Incorrect Answer
    B Profit Rs.2025 Correct Answer Incorrect Answer
    C Loss of Rs.195 Correct Answer Incorrect Answer
    D Loss of Rs.14625 Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    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  

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