Question
Insurance premiums are payable in advance but the
insurance company does not fully earn them until the policy period expires is termed as?Solution
Earned premium is a pro-rated amount of paid-in advance premiums that has been "earned" and now belongs to the insurer. The amount of the earned premium equates to the sum of the total premiums collected by an insurance company over a period of time.
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
(2879.79 ÷ 24.07) × (√624.77 + √120.88) - 35% of 1199.85 = ?
(1011 × 4.465 + 1012 × 0.3535) ÷ (160 × 10⁵) = 10? ÷ 2
...30.05% of 360.05 – 25.15% of 99.99 × 3.02 = ?
(245.98 + 198.12) ÷ (11.032 - 9.99) × 21.12 = ?2 - 16.12
Solve the given equation for ?. Find the approximate value.
[(49.88% of 320.11) × (34.85% of 460.24)] ÷ √783.94 = ?
Which of the following options is the closest approximate value which will come in place of question mark (?) in the following equation?
26.52 ×...
(660.05) ÷ 120.04% of (55.022/2.24) = (? ÷ 10.02)
? = 41.92% of (34.92 x 40.42) + 29.78% of 399.84
? = 41.92% of 49.96% of (45.07 1.97 – 4.98 2.03 )
