Harish invested ₹ 40,000 in a no-fee fund. After one year, the value of the fund rose to ₹ 60,000 then the nominal rate of return on the investment is
Harish invested ₹ 40,000 in a no-fee fund. After one year, the value of the fund rose to ₹ 60,000 then the nominal rate of return on the investment is
Solution
✅ Correct Option: 2
Gain .
Nominal rate of return .
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