Kindly explain q-30.Answer is c).
Share
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
Initial margin is 60%. Now question is asking that after rise in asset price what’s the % of initial margin.
Since price have risen significantly, the answer should not be very little above 60% but more than like 65%. So, answer is C.
Now, if you want to solve,
Debt=40% of 50=20
Interest =5% of 20=1
So, our share =80-20-1=59
As a % = 59/80=73.8%
Thank you.