Question
A Bread packet is sold at a profit of 20% after a
discount of 25%. where the difference between profit and discount is Rs.370 then what will be the marked price of the Bread packet?Solution
Let CP of bread packet is 100u then, SP of bread packet will be = 120u MP = 120u x 100/75 = 160u difference between profit and discount is = Profit – Discount = 40u – 20u = 370 20u = 370 u = 18.5 MP = 160 x 18.5 = Rs. 2960
An environment where insurance is plentiful and sold at a lower cost, also known as a Buyer’s market is called?
In Insurance, CGL stands for?
Which committee is associated with insurance sector ?
What is the FDI limit in the Insurance sector?
Under Pradhan Mantri Jeevan Jyoti Bima Yojana, the life coverage available until the age of ______.
Name the first General Insurance Company in India?
A term policy that can be converted to permanent coverage rather than expiring on a specific date is called?
The Employment State Insurance (ESI) Act of 1948 is applicable to all establishments having __________or more workers.
What percent shares of New India Assurance Co Ltd is owned by Government of India?
Which is liability coverage for contents within a renter’s residence?
Relevant for Exams:
