Question
Solution
Let, the Cost price of the article be 100 Then marked price of the article is (100 + 40) = 140 Selling price is 73 (1/2)% of the marked price ⇒ 147/2 % of the marked price Selling price is {140 × (147/2)}/100 ⇒ (140 × 147)/200 ⇒ 102.9 Profit = (102.9 - 100) ⇒ 2.9 Profit percentage is (2.9 × 100)/100 ⇒ 2.9% ∴ The profifit percentage is 2.9%.
What is the purpose of a "loss adjuster"?
Which of the following is an example of a variable charge in a business?
Selling insurance through groups is called?
Identify the correct full form of GAAT?
Which of the following is a public sector general insurance company in India?
What is an insurance to cover problems associated with travelling, generally including trip cancellation due to illness, lost luggage and other incidents?
Which of the following organization provides export credit insurance support to Indian exporters?
Intangible assets cover non-physical assets that cover ________________.
What is the term used to describe the process of transferring a portion of risk to another insurer?
General Insurance Business (Nationalisation) Amendment Act 2002 (40 of 2002) coming into force from?
