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SLR is determined as a percentage of Net Demand and Time Liabilities The maximum limit of SLR is 40% and minimum limit of SLR is 0 In India, RBI determines the percentage of SLR in this range. If any bank fails to maintain the SLR, then it has to pay penalty to penal interest at the rate of 3% per annum above the Bank Rate, on the shortfall amount for that particular day. If the shortfall continues next day the penal interest can be increased to 5% per annum above the Bank Rate.
In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what perce...
A shopkeeper sold an article at a discount of 17%. If he had given a discount of 9% in place of 17%, then he would have earned Rs. 108 more. If the cost...
Find the profit percentage earned on a school bag if it was sold at Rs.1548 after offering a discount of 10% and the marked price of a school bag is Rs....
A man purchased two items together for a total of Rs. 480. He sold one item at a profit of 30% and the other at a loss of 20%. In the end, he achieved a...
A dealer buys three different fruits A, B & C at the rate of Rs. 50, Rs. 40 and Rs. x per kg respectively. The quantity (by weight) of B bought by him i...
The ratio between the cost price of article A and B is 9:8 respectively. Each of the articles was marked 40% above its cost price. If the MRP of article...
P purchased a book from registered store and gets 14% discount while Q purchased the same book from a roadside stall and got 18% discount. If Q paid Rs....
A shopkeeper makes a net profit of 38% on selling an article at successive discount of 25% and 8%, respectively. Find the net profit percentage, if the...
Last year Mr. A bought two paintings. This year he sold them for Rs, 20,000 each. On one, he made a 25% profit and on the other he had a 25% loss. Then ...
A bookstore owner earns 15% profit by selling a book for Rs. 230 and a 25% profit by selling a magazine for Rs. 250. If he sells the book for Rs. 200, w...