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ON 15TH JANUARY MR AVINASH BOUGHT TWO JANUARY NIFTY FUTURES CONTRACT WHICH COST HIM 139000. FOR THIS HE HAD TO PAY AN INITIAL MARGIN OF

ON 15TH JANUARY MR AVINASH BOUGHT TWO JANUARY NIFTY FUTURES CONTRACT WHICH COST HIM 139000. FOR THIS HE HAD TO PAY AN INITIAL MARGIN OF RS 21520 TO HIS BROKER . THE LOT SIZE OF NIFTY FUTURE IS RS 50 . ON 25TH JANUARY THE INDEX CLOSED AT 1505 . HOW MUCH PROFIT/LOSS DID HE MAKE

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