Question
A shopkeeper marked his article 30% above its cost price
and offered a discount of 28%. If cost price of the article is Rs. 350, then find profit or loss of the shopkeeper on selling the articleSolution
Marked price of the article = 1.3 × 350 = Rs. 455 Selling price of the article = 0.72 × 455 = Rs. 327.6 Loss = 350 – 327.6 = Rs. 22.4
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
