Question
A, B and C invest in a partnership in the ratio 5:4:7
and investment of A is Rs.200 less than investment of C. Partner B invests for 1/5th and A and C invest for 1/12th and 1/15th respectively of total time of investment. If profit of B is Rs.1200 more than that of C, then find the profit of A.Solution
Let the total time of investment be 60a months. Ratio of profit of A, B and C = (5 x 60a x 1/12) : (4 x 60a x 1/5) : (7 x 60a x 1/15) = 25:48:28 According to the question, => 20 units ------- Rs.1200 => 25 units ------- Rs.1500
Market is a place of ______.
What percent of shareholding is under National Bank for Agriculture and Rural Development (NABARD) in Agriculture Insurance Company of India Limited?
In which type of insurance, schemes are offered by insurance companies to provide certain classes of individuals, the benefit of insurance coverage at m...
A policy that covers loss or damage to a householder's property is:
Which feature is not allowed in the Indian insurance market?Â
Reinsurance placed with a company not authorized in the reporting company’s state of domicile is called?
The amount charged by the insurer to provide the life cover to policy holder on the life of the life Insured is known as?
The portion of risk that a reinsurance company cedes or amount of insurance the company chooses not to retain is called?
What does the preamble of an insurance policy NOT typically include?
The 'Own Damage' cover in a motor insurance policy protects the insured against:
