Question
If a policy holder stops paying the premium after three
years, but does not withdraw the money from his policy, then the policy is said to be?Solution
Paid-up capital is the amount of money a company has received from shareholders in exchange for shares of stock. Paid-up capital is created when a company sells its shares on the primary market directly to investors.
A and B initiated a business by investing Rs. 6,000 and Rs. 3,000, respectively. Their investments were made for 8 months and 'm'...
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When 15 is added to 30% of a certain number, the result is equal to one-third of that same number. Determine the value of the number.
Series I:Â 16 21 36 81 209 621 1836
Series II:Â 20 60 240 1200 7200 43200 403200
In series II, if ‘x’ is the wrong term, then fin...
I. x ² – 10x + 21 = 0
II. y ² – 8y + 15 = 0
Rs. 7,500 is invested in scheme ‘A’ for a year at simple interest of 25% p.a. The interest received from scheme ‘A’ is reinvested for 2 years in...
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Person 'X' can complete a task in 30 days when working at full efficiency, while person 'Y' can finish the same task in 50 days at full efficiency. If '...