Question
Which type of insurance is not covered under the
rule/contract of indemnity?Solution
As in the contract of indemnity a legal contract between the parties is made whereby one party commits to indemnify, i.e. to compensate, the loss incurred to the other party, by the conduct of the party, who is making the promise or by the conduct of the third party. So in Life insurance that is not possible as it may be due to an act of God or any natural calamity.
‘A’ is 50% less productive compared to ‘B’, who is 20% more productive than ‘C’. Together, they can finish a task in 36 days. After ‘B’ ...
Aman manages to write 256 pages of a book over a span of 24 days, dedicating 8 hours each day to this task. Meanwhile, Pranav, who is known to be 50% mo...
Pooja can complete a task in 45 days and Kavita in 30 days. A third person, Mehul, is 20% more efficient than both of them combined. How many days will ...
A and B together can complete a piece of work in 30 days while A alone can complete 50% of the work in 20 days. Find the time taken by B to complete 70%...
168 unit of work can be completed by P alone in 28 days. P started working alone and joined by Q after 10 days such that they completed the remaining wo...
Working 10 hours a day, Jagan can complete a work in 12 days while working 8 hours a day, Magan can complete the same work in 9 days. If Jagan and Magan...
A can fabricate a divider in 20 days , while B alone can assemble it in 35 days, If they construct it together and get an installment of Rs 7700, then f...
A' can finish a job in 24 days, while 'B' is 25% less efficient than 'A.' If they take turns working, beginning with 'A,' how many days will it take for...
Pipe 'A' alone can fill a cistern in 20 minutes. If pipes 'A' and 'B' are opened together, it takes 25 minutes to fill the cister...
Working alone, 'C' can complete a job in 30 days. 'D' takes 20% less time than 'C' to finish the same job. Calculate the percentage of work done by 'C' ...
