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Statement I: Profit from Product X = (Selling Price - Cost) * Quantity = (150 - 90) * 1,000 = $60,000. Profit from Product Y = (200 - 120) * 800 = $64,000. Profit from Product Z = (250 - 180) * 600 = $42,000. Total profit = $60,000 + $64,000 + $42,000 = $166,000. Sufficient. Statement II: This statement provides relationships regarding profit margins but does not provide exact profit amounts without the production quantities. Not sufficient. Statement III: This provides last month's production cost but does not directly help in calculating the current month's profit without knowing sales and profit figures. Not sufficient. The answer is A.
In order to monitor and control solvency requirements, it has been made mandatory to the insurers to submit solvency report on _______ basis.
Coverage for bodily injury and property damage incurred through ownership or operation of a vehicle is called?
Which of the following is a central index server that offers de-duplication services and acts as a KYC repository?
Which Section of the IRDA Act 1999, specifies the Duties, Powers and Functions of the Authority?
The primary categories of insurance business in India are:
Specific questionnaires in insurance proposal forms are common for:
The New India Assurance Co. Ltd. was a subsidiary of which of the following company?
What is a coverage for glass breakage caused by all risks?
In 1818, India’s first insurance company Oriental Life Insurance Company was established in which city?
In respect of Life insurance and individual Health insurance policies, a free look cancellation period of ____days has been provided to provide sufficie...