Question
The 'No Claim Bonus' is calculated based on:
Solution
The No-Claim Bonus (NCB) is calculated based on the claim history of the insured. If no claims are made during the policy period, the NCB increases, resulting in lower premiums for subsequent policy renewals.
Raj's income is ₹60,000 and his expenditure is ₹40,000. If his income is increased by 25% and expenditure by 15%, then what will be the percentage i...
- In a mayoral election, the candidate who got 68% of the valid votes defeated his opponent by 2040 votes. How many votes did the opponent get?
Rahul saves Rs. 6800 more if he spends 70% of his income instead of 90%. Find the savings of Sumit whose income is 25% more than that of Rahul, and spen...
There were two candidate in an election. 15% of the total voters did not cast their votes whereas 10% of the casting votes were declared invalid. If the...
In a school election between two candidates, 12% of the total votes were invalid. Of the valid votes, the winner got 58% and won by 1,392 votes. Find th...
A man spent 50% of his income in May. If his savings is increased by 30% in June and becomes Rs. 9100, then find the income of man in May.
- In an election, 7% of the total voters didn’t participate. Out of the remaining, one candidate received 49% of the total votes and won the election by 12...
If 35% of ‘A’ is 50 less than 25% of ‘B’, then find 200% of ‘B’, given that (A + B) = 800.
The ratio of the salary of K and L is 4:5. The salary of M is 50% of the sum of salary of K, L, and M. If the salary of M and sum of the salary of K, L,...
The marks scored by a boy in three subjects are in the ratio 4 : 3 : 2. Boy scored an overall aggregate of 60% in the exam. If the maximum marks in each...
