n NISM Certifications
XIII NISM Series XIII
Medium

Mr. R wants to sell 17 contracts of January at Rs.4550, and Mr. S wants to sell 20 contracts of February at Rs.4500, lot size 50, margin fixed at 9%. How much margin?

Practice question from NISM Series XIII for SIF - Mock Test 8 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Rs.3,48,075

  2. B

    Rs.4,05,000

  3. C

    Rs.5,87,500

  4. Rs.7,53,075

    Correct answer

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

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