Question
A trader buys one futures contract at Rs.50 and sold it
at Rs.80. If the lot size is 75 and the total expense of trading in the contract is Rs.225, what is the return of the trader?Solution
Total cost = Rs.50*75 + Rs.225 = Rs.3975 Total sell price = Rs.80 *75 = Rs.6000 Profit = Rs.6000-Rs.3975 = Rs.2025
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