Question
Rohan earns 12% on an investment but loses 7% on another
investment. If the ratio of the two investments is 5:6, then the combined profit or loss percentage isSolution
Let the investment be Rs. 500 and Rs. 600 respectively. Now, total profit = 500 × 12/100 – 600 × 7/100 = 60 – 42 = 18 Profit % = 18 × 100/1100 = 1.64% profit
Which among the following is the first Indian life insurance company to begin operations in India?
Coverage for property taken or destroyed by breaking and entering the insured’s premises, burglary or theft, forgery or counterfeiting, fraud, kidnap ...
The Motor Vehicles Act, 1988 requires what document as proof of insurance?
If the same company's stock price fell to $2 per share while its EPS fell to $0.25, the P/E would fall to ____.
As per the Consumer Protection Act, 1986, who cannot be classified as a consumer?
Identify the correct full form of GAAT?
Insurance companies that band together as self-insurers and form an organization that is chartered and licensed as an insurer in at least one state to h...
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The 'Third-party liability' cover in a motor insurance policy protects the insured against:
What is the main role of an insurance underwriter?
