Question
A customer purchases a general insurance policy covering
fire and burglary. The insurer charges a premium of ₹50,000 for the annual coverage. As per prevailing GST rules, what rate of GST is applicable, and what is the total premium including tax payable by the insured?Solution
GST on general insurance premium is 18%, so GST = 18% of 50,000 = ₹9,000; Total payable = ₹59,000
Two points A and B are located such that the distance between them is 100 meters. If point A is at the origin and point B is at an angle of 30 degrees f...
A factory has 3 machines A, B, and C. Machine A produces 40% of the total output, B produces 35%, and C the remaining. It is known that 5% of items fro...
To construct a house, 18 workers laboring 5 hours daily complete the job in 22 days. If the workforce increases to 24 workers, each working 7.5 hours pe...
4.8% of 250 + 4.5% of ? = 48 + 1.5% of 3600
A committee of 3 is to be formed from 5 boys and 4 girls. What is the probability that the committee contains at least 1 girl?
Three colleagues, M, N, and O, have an average age of 27. Ten years ago, their ages were in the ratio of 4:6:7. What is the average age of M and N today?
12, 26, 54, 96, 150, 222, 306
What is the remainder when 4585 is divided by 8.
A shopkeeper marks a product at 20% above the cost price. He then offers a discount of 15% on the marked price. If he still makes a profit of ₹200, wh...
What is the function of the "IF" function in Excel?
