Question
An insured house valued at ₹40 lakh is insured for
₹20 lakh. A fire causes ₹10 lakh damage. What will be the claim amount under the average clause?Solution
Claim = (Sum Insured / Value) × Loss = (20/40) × 10 = ₹5 lakh
Beena is twice as old as Sunita. Three years ago, she was three times as old as Sunita. How old is Sunita now?
Sum of the present ages of A, B, C and D is 70 years. After 5 years ratio of their ages is 5:4:3:3. What is C’s present age?
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Sum of the present ages of A, B, C and D is 70 years. After 5 years ratio of their ages is 5:4:4:2. What is C’s present age?
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