Question
In how many days can 16 men and 8 women together
complete a piece of work? I. 8 men complete the piece of work in 10 days. II. 16 women complete the piece of work in 10 days. III. 5 women take 32 days to complete the piece of work. In each of the following questions, a question is followed by information given in three statements. You have to study the question along with the statements and decide that the information given in which of the statements is necessary to answer the question.Solution
From I & II, 8 Men → 10 days 16 Men → (10 × 8)/16 = 5 days. 16 women → 10 days 8 women → (10 × 16)/8 = 20 days. (16 Men + 8 women)’s work = 1/5 + 1/20 = 1/4 16 Men and 8 women can complete in 4 days. From I & III, 8 Men → 10 days 16 Men → (10 × 8)/16 = 5 days. 5 women → 32 days 8 women → (5 × 32)/8 = 20 days. (16 Men + 8 women)’s work = 1/5 + 1/20 = 1/4 16 Men and 8 women can complete in 4 days. Hence statement I and either II or III is sufficient to answer the question.
The Institute of Insurance and Risk Management (IRM) was founded in which of the following year?
Which of the following is NOT a key expense considered in premium calculation?
The IRDA opened up the market in August 2000 with the invitation for application for registrations. Foreign companies were allowed ownership of up to __...
What type of insurance covers goods in transit by road, rail, sea, or air against various risks?
A motor insurance cover note is valid for how many days?
An Insurance company has been in business for how many years to launch IPO ?
How many part-time members is appointed by the Government of India in the Composition of IRDAI?
Third Party Liability Premium rates are laid down by _______.
Which of the following pools is managed by GIC?
Contract under which the ultimate liability of the reinsurer is capped and on which anticipated investment income is expressly acknowledged as an underw...