An auto-mobile insurance option, available in some states, that covers the difference between a car’s actual cash value when it is stolen or wrecked and the amount the consumer owes the leasing or finance company is called?
Gap insurance is a type of auto insurance that car owners can buy to protect themselves against losses that can arise when the amount of compensation received from a total loss does not fully cover the amount the insured owes on the vehicle's financing or lease agreement. This situation arises when the balance owed on a car loan is greater than the book value of the vehicle
P and Q together started a business with initial investment in the ratio of 1:8, respectively. The time-period of investment for P and Q is in the ratio...
B invests double the money invested by A and triple the money invested by C. The ratio of period of investment between A, B and C is 1:2:3. Difference b...
Two persons A and B start a business with investment of Rs 12000 and Rs 14000 respectively. After 4 months C also joined them with certain investment. T...
‘A’ and ‘B’ started a business by investing certain sum in the ratio 8:7, respectively for 8 years. If 16% of the total profit i...
P, Q & R started a business with investment of Rs.28000, Rs.16000 & Rs.20000 respectively. After the 6 months P added 25% of his initial investment mor...
‘A’, ‘B’ and ‘C’ started a business by investing Rs. 4500, Rs. 5000 and Rs. 3000, respectively. After 4 months, ‘B’ left and ‘A’ and...
If a sum of money is to be divided among A, B, C such that A’s share is equal to thrice B’s share and B’s share is 4 times C’s share then their ...
The investments of A and B in a partnership are Rs. 6000 and Rs. 10000. B withdraws 40% of initial investment after T months. If annual profit is Rs. 70...
A started a retail business by investing Rs.40,000. After eight months B joined him with a capital of Rs.80,000. After 2 years, they earned a profit of...
P started a business investing Rs.16000. After 2 months, Q joined her with the capital of Rs.24000. After another 6 months, R joined them with the capit...
