n NISM Certifications
NSM General NISM
Medium

A trader sells 8 lots of EURINR futures at 72.60/72.70 and squares off 7 lots at 71.50/71.70. Profit?

Practice question from NISM Series I - Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Rs 7800 loss

  2. B

    Rs 5500 profit

  3. C

    Rs 8100 loss

  4. Rs 6300 profit

    Correct answer

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

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