Question
The price of a laptop undergoes two consecutive changes
over two months. In the first month, its price decreases by 10%, followed by an increase of 20% in the second month. After these adjustments, the laptop’s price at the end of the second month is ₹39,960. Determine the original price of the laptop before any changes were applied.Solution
Let the original price of laptop was = 100x Price of laptop after 1 month = 90% of 100x = 90x Price of laptop after secondmonth = 120% of 90x = 108x 108x = 39,960 x = 370 original price of laptop = 100x = 37,000
Which among these is not a type of General Insurance plans?
I. Motor Insurance
II. Marine Insurance
III. Health Insurance
What is the value of the bond whose Face value is Rs.1000 having a coupon rate of 10% when the required rate of return is 14%?
Which act was the first legislation governing all forms of insurance to provide strict state control over insurance business?
The maximum foreign direct investment (FDI) allowed in Indian insurance companies is:
The Payment to the policyholder at the end of the stipulated term of the policy is called?
Which of these changes would typically require an endorsement?
What is the purpose of "excess" in an insurance policy?
Which term referring to property coverage for the perils of burglary, theft and robbery?
A wide range of ICT services including Nationwide Communication Network for decentralised planning, improvement in Government services and wider transpa...
The minimum paid-up capital requirement for setting up a general insurance company in India is:
