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Commerce · Q490

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 490

Q490

An investor sold 100 nifty futures at Rs 4,500 future. He bought them back at Rs. 5,000 per future total profit/loss is Rs.

A.
(+) 4,000
B.
(-) 4,000
C.
(-) 5,000
Answer
D.
(+) 5,000

Answer: Option C

Solution

Answer: Option C
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