Question
What is the Fee paid to an agent or insurance
salesperson as a percentage of the policy premium?Solution
A commission is a service charge assessed by a broker or investment advisor in return for providing investment advice and/or handling the purchase or sale of a security. Most major, full-service brokerages derive much of their profits from charging commissions on client transactions.
I. 8a2 – 22a+ 15 = 0
II. 12b2 - 47b + 40=0
- Determine the remainder when equation 4p³- 5p² + 2p + 1 is divided by (4p - 3).
I. 4x² - 21 x + 20 = 0
II. 8y² - 22 y + 15 = 0
In the question, two equations I and II are given. You have to solve both the equations to establish the correct relation between 'p' and 'q' and choose...
Solve the quadratic equations and determine the relation between x and y:
Equation 1: 4x² - 12x + 9 = 0
Equation 2: 2y² + 8y + 6 = 0
I. 2x² - 11x + 12 = 0
II. 12y² + 29y + 15 = 0
What is the average salary of 10 officers , if a clerk’s salary is Rs. 15,000?
Statement I: The total salary of 10 officers and 5 clerk is Rs....
I. x2 – 18x + 81 = 0
II. y2 – 3y - 28 = 0
I. 2x2 – 5x - 12 = 0
II. y2 – 11y + 30 = 0
I. 7x + 8y = 36
II. 3x + 4y = 14