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Under a mortgage, the legal ownership of the asset can be transferred to the lender if the borrower defaults on the loan amount. However, the borrower continues to remain in possession of the property. A mortgage is usually used for immovable assets (example: house, land, building, or any property which is permanently fixed to the earth or attached to the land). Home loans classify as mortgages. They are given against a collateral and no guarantee is taken
Two trains depart from the same station. The first train departs at 8:00 A.M., traveling at a speed of 60 km/h. Two hours later, at 10:00 A.M., the seco...
A cyclist travels from town A to town B at a speed of 20 km/h and returns to town A at a speed of 30 km/h. If the total distance between the towns is 12...
A train covers a certain distance at a speed of 48 km/h and the next same distance with a speed of 60 km/h and the next same distance with a speed of 80...
The speeds of the three cars are in the ratio of 4: 3: 5. The ratio of respective time taken by these cars to travel the same distance is:
Vicky and Vikram start running simultaneously around a rectangular track of length 750m from the same point at speeds of 40 km/hr and 35 km/hr. When wil...
A boy goes to school with a speed of 55 km/h and comes back with a speed of 45 km/h. find his average speed?
A boy goes to school with a speed of 45 km/h and comes back with a speed of 30 km/h. find his average speed?
Barry and Iris set off simultaneously from point A, aiming to reach point B. Barry travels faster than Iris, with their speeds being in a ratio of 5:3. ...
Arijit, Benny, and Chetna together can complete a work in 12 days. If the ratio of the efficiency of Arijit, Benny, and Chetna is 8:5:6, respectively, t...
The speed of a bike increases by 4 km/hr after every 1 hour. If the distance travelled by the bike in 1st hour is 20 km, the find the total distance tra...