Question
A risk assessment that provides numerical expressions
of risk and indication of the attendant uncertainties is calledSolution
Quantitative Risk Assessment - A risk assessment that provides numerical expressions of risk and indication of the attendant uncertainties (stated in the 1995 Expert Consultation definition on Risk Analysis). Qualitative Risk Assessment - A risk assessment based on data which, while forming an inadequate basis for numerical risk estimations, nonetheless, when conditioned by prior expert knowledge and identification of attendant uncertainties permits risk ranking or separation into descriptive categories of risk.
A reduction of 10% in the price of sugar enables a man to buy 10 kg more for RS 300. Find the reduced price per kg of sugar.
1 packet of biscuits costs Rs 16 but a pack of 4 of the same packet of biscuits costs Rs 56. What is the effective discount (in %) on the pack?
Ram gave a discount of 20% on the marked price of an item and still gained 10.4%. How much would have Ram gained, if he sold the item at the marked price?
The marked price of an article is Rs. 2000. A shopkeeper gives a discount of 10% and then an additional cash discount of 5% on the reduced price. Find t...
Successive discounts of 10% and 20% are equivalent to a single discount of?
A hotel is giving a discount of 12% on the booking of 2 or more rooms. Additionally, the hotel is offering a 5% discount only on payment using any card ...
What is the single percentage discount equivalent to two successive discounts of 15% and 5%?
The cost price of an article is Rs x. It is marked up by 200%. It is sold at Rs 540 after giving 25% discount. What is the value of x (in Rs)?
An item with a marked price of ₹4,000 was sold for ₹3,492 after a discount of y% was offered. What was the value of y?
A shirt has a marked price of Rs 750. A shopkeeper offers a discount of 12% on it. If the value of GST is 5% on the discounted price, find the final pri...
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