Question
What was one of the major benefits of the Automatic
Sweep In Sweep Out (ASISO) facility introduced by the RBI in 2020?Solution
The ASISO facility enabled banks to better manage cash reserve ratios, reducing volatility in daily reserve requirements while optimizing liquidity.
A man purchased an article for Rs 2,000. He sold it to the first customer at a 10% loss, and the first customer then sold it to the second customer at a...
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The difference between the cost price and sale price of an article is Rs.680 and the profit is 32%. Find the selling price.
A shopkeeper marked up his articles 50% above its cost price and sold it after two successive discounts of 15% and 30%, respectively. Find his profit pe...
Selling price of article ‘A’ when sold at a profit of 60% is Rs. 190 more than its selling price when sold at a loss of 16%. If the cost price of ar...
Article ‘P’, if sold at a profit of 20% earns a profit of Rs. 500. If article ‘P’ is marked 40% above its cost price and then sold after offerin...
A person buys books at Rs. 300 for 5 and sells them at Rs.740. How many books must he sell in order to earn profit of Rs. 3,520?
The combined cost price of items X and Y is ₹ 450 and the overall profit after selling both is 20%. If the selling price of X is ₹ 300, what is ...
A shopkeeper sold an article at the profit of 15% and also while weighing used a weight of 920 gms. in place of 1 kg. Find out his actual total profit%?