Tags: PERMUTATIONA

Analyse all possible combinations of cheques received and identify the combination which gives maximum benefit to the Customer

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Scenario 1 In a Stock Broking business (Firm), Customers deposit margin money through cheques. Although cheques are received from customers at branches, clearing (realization) of the same normally takes 3-4 days.  On one hand, the Firm wishes to allow trading to the customers against the deposited cheques from the day it receives the cheque, on other hand there is […]

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