Question
Mutual funds are pooled investment vehicles. Which of
the following is a type of mutual fund that invests primarily in other schemes of the same mutual fund or other mutual funds?Solution
Fund of Funds scheme of the mutual fund invests primarily in other schemes of the same mutual fund or other mutual funds. Index funds replicate the portfolio of a particular index such as the BSE sensitive index, Nifty, etc. Balance fund schemes of the mutual fund are used to provide both growth and regular income and therefore invest in both equity and debt instruments. Gilt Fund of the mutual fund invests exclusively in government securities
A shopkeeper sold a jacket for Rs. 2600 at a loss of 20%. At what price should he have sold the jacket, to earn a profit of 20%?
An item is marked at 25% above its cost price. A discount is given on the marked price, and the profit earned from selling the item is three-fifths of t...
Determine the original cost of a laptop if it was sold at a 20% profit for Rs. 24,000.
A started a retail business by investing Rs.50,000. After five months B joined him with a capital of Rs.60,000. After 2 years, they earned a profit of�...
A shopkeeper sells an article for Rs 78 and earns twice the profit that he would have earned on selling this article for Rs 50. Find the C.P of t...
- A wristwatch was sold for Rs. 720.80, making a gain of 20%. If the selling price had been Rs. 690 instead, what would have been the profit or loss percenta...
A man bought 5 articles K, L, M, N, O at Rs. 620 each. Selling prices of K,L, M,N and O were x, x+ 20, x +25, x +75, x +80 respectively. Overall profit ...
Find the cost of manufacturing each article if a manufacturer estimates that on inspection 14% of the articles he produces will be rejected. He a...
- If the total cost of 8 cups and 5 plates is Rs. 260 and the total cost of 6 cups and 4 plates is Rs. 200, then find the cost of 9 cups.
'G' labeled an item with a price tag that is 400% higher than its cost price and later sold it to 'A' at a discounted rate of 25%. This transaction resu...
