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AAFM CWM_LEVEL_2 Exam - Topic 1 Question 112 Discussion

Actual exam question for AAFM's CWM_LEVEL_2 exam
Question #: 112
Topic #: 1
[All CWM_LEVEL_2 Questions]

Section B (2 Mark)

One unit of trading for Guar Seed futures is 10 MT and delivery unit is 10 MT. A trader sells 1 unit of Guar Seed at Rs.2500/Quintal on the futures market. A week later Guar Seed futures trade at Rs.2550/Quintal. How much profit/loss has he made on his position?

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Suggested Answer: A

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