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Section 17. Reserve Fund: (1) Every banking company incorporated in India shall create a reserve fund and shall, out of the balance of profit of each year as disclosed in the profit and loss account prepared under section 29 and before any dividend is declared, transfer to the reserve fund a sum equivalent to not less than twenty per cent of such profit.
57L of milk water is poured into a tub and the tub was found to be 5% empty. To completely fill the tub, what mount of additional milk must be poured?
A towel was 75 cm long and 120cm broad. When bleached, it was to have lost 40% of its length and 20% breadth. The percentage of decrease in area is: