Samy is bullish on Reliance Industries and buys ten one-month Reliance Futures contracts at Rs. 2,96,000. On the last Friday of the month, Reliance Industries closes at Rs. 271 per share. Samy makes a:
A) Profit of Rs. 25,000
B) Loss of Rs. 25,000
C) Profit of Rs. 2,50,000
D) Loss of Rs. 2,50,000
