Question
A shopkeeper made a profit of 25% by selling an article
for Rs. 250. If he had sold it after allowing a discount of 12% on its selling price, then find the profit that the shopkeeper would’ve made in this transaction.Solution
Cost price of the article = 250 ÷ 1.25 = Rs. 200 New selling price of the article = 250 × 0.88 = Rs. 220 New profit = 220 – 200 = Rs. 20
Mortality Charge is the amount charged _____________ by the insurer
What do you mean by money back policy in insurance?
A 'Roadside Assistance' cover in a motor insurance policy provides:
Which feature is not allowed in the Indian insurance market?
Section 39 of Insurance Act related with which of the following ?
Intangible assets cover non-physical assets that cover ________________.
The Insurance Regulatory and Development Authority (IRDAI) was formed on the recommendation of which committee?
A retrocessionaire is:
The “Malhotra Committee” was established to:Â
Which among the following is not a characteristic of ethical behaviour?Â
