A shopkeeper bought article ‘A’ for Rs. ‘x’ and marked it 25% above its cost price and sold it for Rs. 2600. Marked price of article ‘B’ is Rs. 500 more than that of article ‘A’ while selling price of article ‘B’ is Rs. 200 more than that of ‘A’. Find the cost price of article ‘A’ if article ‘B’ is sold at a discount of 20%.
Selling price of article ‘B’ = 200 + 2600 = Rs. 2800 Marked price of article ‘B’ = 2800/0.80 = Rs. 3500 Marked price of article ‘A’ = 3500 – 500 = Rs. 3000 Cost price of article ‘A’ = 3000/1.25 = Rs. 2400
The conversion of insurance companies from mutual companies owned by their policyholders into publicly traded stock companies is termed as?
The Private equity investors shall not hold more than _________ percent of the paid up equity share capital of the Indian insurance company.
A contract, such as an insurance contract, requiring that certain acts be performed if recovery is to be made is known as?
If you might want to discontinue the policy, and take whatever money is due to you. The amount the insurance company then pays is known as?
What is the maximum sum assured in life micro insurance product?
An independent professional person registered under the Insurance Act who represents the insurance buyer to purchase the insurers policy is known as?
Intangible assets cover non-physical assets that cover ________________.
Which of the following principles of Insurance denotes insurance of same subject matter with two different companies or with the same company under two ...
A property or liability insurance contract in which all risks of loss are covered is called?
How many companies were merged to form the United India Insurance Company (UIIC)?
