Question
The average age of a group of 40 people is 22 years. If
the age of 5 people is excluded, the average age decreases by 1 year. What is the average age of the 5 excluded people?Solution
Total age of 40 people = 40 × 22 = 880 years Average age of the remaining 35 people = 21 years Total age of 35 people = 35 × 21 = 735 years Age of the 5 excluded people = 880 - 735 = 145 years Average age of the 5 excluded people = 145/5 = 29 years Correct Option: d
In case of ambiguity in policy wording, which rule is applied?
What is the minimum group size in Micro Insurance Schemes?
_______ is an insurance coverage protecting the manufacturer, distributor, seller of a product against legal liability resulting from a defective condi...
Which bank becomes the first bank to set up a wholly-owned non-life insurance company?
The term 'total loss' in motor insurance refers to:
What is the insurance of commercial property that protects the property from such perils as fire, theft and natural disaster?
What does IRDA mandate for surveyors handling losses above INR 20,000?
Which country will chair the next BRICS summit 2023?
CSR in companies act means?
Which of the following is NOT a general exclusion under a fire insurance policy?
Relevant for Exams:
