Commodity profit and loss calculation

[ankur07090]

Hi all,

I have a doubt in trading. plz help me out
I am going to invest in silver and for that contract last date is 30 NOV
Currently rate is 42442 rs, Lot size is 5 for that so total price will be 212210 rs
But i have to pay only margin that is 13908.53 rs (6.55%).
My questions are
Assume I buy 1 lot(13908.53) and if silver goes to 45000 rs in september and at that time i sold that out
what will be the profit as my brokerage is 0.05%(both side)
Can I sell that before my contract is over as it is 30 NOV

thanks

 

[NAYANTARA]

Calculate m2m profit / loss . In your situation , amount showing after ''net amount due to you '' is your profit. So make total all of it . If it is more than total of '' net amount due to us '' then you are in profit
for net profit , deduct brokrage , taxes and other charges from it .