n NISM Certifications
NSM General NISM
Medium

Mr. Mayur sells 10 lots GBPINR at 98.60/98.90 and squares off 5 lots at 99.60/99.80. Profit/loss on squared-off portion?

Practice question from NISM Series I - Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Loss of Rs 4500

  2. Loss of Rs 6000

    Correct answer

  3. C

    Loss of Rs 7850

  4. D

    Profit of Rs 4500

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

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