Question
A shopkeeper marked his article 40% above its cost price
and offered a discount of 30%. If cost price of the article is Rs. 750, then find profit or loss of the shopkeeper on selling the articleSolution
Marked price of the article = 1.40 × 750 = Rs. 1050 Selling price of the article = 0.7 × 1050 = Rs. 735 Loss = 750 – 735 = Rs. 15
Mortality Charge is the amount charged _____________ by the insurer
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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:
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Which among the following is not a characteristic of ethical behaviour?Â