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In a reverse mortgage loan, the borrower is not required to pay back the loan during their lifetime. Reverse mortgage is a type of loan available to elderly homeowners where they can convert a portion of the equity in their home into loan funds. The loan is typically repaid when the borrower permanently moves out of the home, passes away, or sells the property. Until then, the borrower does not make any monthly mortgage payments. Instead, the loan balance increases over time as interest and fees accumulate. The loan is usually repaid from the proceeds of the sale of the home.
The price of sugar is increased by 35%. If the expenditure is not allowed to increase, the ratio between the reduction in consumption and the original c...
In an office, the ratio of the number of males to number of females is 9:4. If 2 males joined the class and 8 females left the class, then the ratio of ...
A sum of money is divided among P, Q, R and S in the ratio of 3:4:8:9 respectively. If the share of R's is Rs. 2600 more than the share of Q, then what ...
Find the third proportional to 12 and 42?
Total population of city P and Q is 2240 and 2650 respectively. If the ratio of number of males to females in city is P and Q is 4:3 and 3:2 respectivel...
What is the fourth proportion of 16, 20 and 24?
The numbers ‘A’, ‘B’ and ‘C’ are in the ratio 2:3:5. If the difference between the largest number ‘C’ and the smallest number ‘A’ is...
If A:B:C = 2:3:8 and (B + C) = 132, then find the difference between 'C' and 'A'.
P and Q together have Rs 2,420. If 8/15 of P’s amount is equal to 4/5 of Q’s amount, how much amount does Q have?
Marks scored by A and B in a test are in the ratio 12:5 respectively. If B had scored 5 more marks, then marks scored by A would be 20% more than that o...