What is the term for an insurance contract, usually in a standard form, between the insurer and the insured (policyholder), outlining the legally required claim that the insurer must pay, with an initial payment referred to as what?
An insurance policy is a contract (usually a standard form contract) between the insurer and the insured, known as the policyholder, which sets out the claim that the insurer is legally required to pay. In lieu of initial payment, it is known as Premium.
A jug initially contains 80 liters of a mixture of milk and chocolate, with the quantity of chocolate being 30% of the total mixture. A liters of the mi...
One type of liquid contains 15% of benzene, the other contains 20% of benzene. A can is filled with 6 parts of the first liquid and 4 parts of the secon...
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A petrol pump has a blend of 40 liters of petrol and diesel in the ratio of 5:3. After selling 16 liters of the mixture, 12 liters of petrol are added t...
On reducing the marked price of his goods by ₹28, a shopkeeper gains 20%. If the cost price of the article be ₹560 and it is sold at the marked pric...
In a jar initially containing 'm' liters of pure milk costing Rs. 20 per liter, 50% of the milk is taken out, and honey is added to the remaining milk. ...
In what ratio coffee at 275 Rs/kg should be mixed with the coffee at 325 Rs/kg so that after mixture its rate become 290 Rs/kg if the quantity of 1st ty...
A milk vendor has 93 litres of cow pure milk, 62 litres of toned milk and 124 litres of double toned milk. If he wants to pack them in cans so that each...
In what ratio coffee at 290 Rs/kg should be mixed with the coffee at 365 Rs/kg so that after mixture its rate become 325 Rs/kg if the quantity of 1st ty...
