n NISM Certifications
XIII NISM Series XIII
Medium

Mr. Rohan buys 30 lots of JPYINR futures at ₹63. At contract expiry, the settlement price is ₹63.30. What is the profit or loss (in ₹) on this transaction?

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 ₹900

  2. Profit of ₹9,000

    Correct answer

  3. C

    Profit of ₹90,000

  4. D

    Profit of ₹9,00,000

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

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