Question
Once an insurance company has paid up to the limit, it
will pay no more during that year is known as?Solution
The aggregate limit is the maximum amount an insurer will pay for covered losses during a policy period. The annual aggregate limit is the total amount an insurer will pay in a given single year.
- ‘A’ and ‘B’ play a game involving tossing a coin 4 times. ‘A’ wins if exactly two heads appear. Otherwise, ‘B’ wins. Find the probability t...
If 2 pens are drawn at random what is the probability that none of them is blue?
A box contains 12 yellow marbles, ‘x’ blue marbles and 12 white marbles. A box contains 5 yellow marbles, 2 blue marbles and 3 white marbles. The ...
In a box, the ratio of green balls to yellow balls is 3:5. If 9 balls of each colour are added, the new ratio becomes 6:9.
Find the number of yel...
In a purple box there are 2 white, 8 black, and 5 yellow markers while in an orange box there are 4 white, 6 black, and 7 yellow markers. One marker is ...
35 defective headphones got packed with 105 non-defective headphones. A customer randomly chooses one headphone. Find the probability that it is defective.
A box contains 13 black and 13 white balls. The probability of drawing two balls of the same colour is?
A bag contains 8 blue balls, 7 green balls and 5 yellow balls. Three balls are drawn at random. Find the probability that at least two balls are green.
Three persons. A, B and C. are given the same puzzle to solve. The probability that A, B and C will solve the puzzle is. 3/5., 2/3., and 1/4respectively...
In a lottery, there are 4 prizes and 20 blanks. A lottery is drawn at random. What is the probability of getting a prize?
