Question
A gave 40% of the amount he had to B. B gave 2/5th of
what he received from A to C. After paying Rs. 260 to the taxi driver out of the amount he gets from B, C is now left with Rs. 1500. How much amount did A have?Solution
Let A’s amount be x. C now having the amount of Rs. 1500, => [x × (40/100) × (2/5)] – 260 = 1500 => x × (40/100) × (2/5) = 1760 => x = 1760/0.16 => x = 11000 A initially having an amount of Rs. 11000.
Specific questionnaires in insurance proposal forms are common for:Â
Why do insurers arrange for survey and inspection of the property before acceptance of a risk?Â
The coinsurance is specified by which of the following term?
The Vallarpadam Terminal, which is a container trans-shipment facility, was launched in February 2011. It is a part of which among the following ports?
Consider the following statement:
I. NCB is given to the insured and not to the insured vehicle.
II. On transfer of the vehicle, the ...
A policy that covers the cost of repairing or replacing damaged plant and machinery during construction or erection is:
Which of the below option best describes the process of insurance?Â
In which year, the Actuaries Act was passed by Indian government?
Which of the following is NOT a factor considered by insurers while determining premium rates for motor insurance?
Selling insurance through groups is called?
