n NISM Certifications
XIII NISM Series XIII
Medium

A trader sells 20 lots of EURINR 1 month future at 62.60/62.70 and squares off 12 lots at 63.20/63.40. What is the profit or loss on squared lots?

Practice question from NISM Series XIII for SIF - Mock Test 10 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Profit of 7600

  2. B

    Loss of 8750

  3. C

    Profit of 9740

  4. Loss of 9600

    Correct answer

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

Test yourself for real

Take a full NISM Series XIII mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.