n NISM Certifications
NSM General NISM
Medium

Mr. Sunny invested Rs 100,000 in UK shares when GBPINR was 70. After 2 years, his investment fell by 5%. He sold shares and repatriated money at GBPINR 77. What was his real yearly return in INR?

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 5.5%

  2. B

    Loss of 2.5%

  3. C

    Profit of 4.5%

  4. Profit of 2.25%

    Correct answer

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

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