Question
A shopkeeper made a profit of 60% by selling an article
for Rs. 320. If he had sold it after allowing a discount of 20% on its selling price, then find the profit that the shopkeeper would’ve made in this transaction.Solution
Cost price of the article = 320 ÷ 1.60 = Rs. 200 New selling price of the article = 320 × 0.80 = Rs. 256 New profit = 256 – 200 = Rs. 56
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
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