Question
A, B and C started a online education website by
investing Rs.30,000, Rs.45,000 and Rs.60,000 respectively. Find the share of A’s, out of an annual profit of Rs.18900.Solution
Ratio of shares of A, B and C = Ratio of their investments = 30000: 45000: 60000 ⇒  2 : 3 : 4 Therefore, A’s share = Rs. {18900 × 2/9} = Rs. 4200
What percent shares of New India Assurance Co Ltd is owned by Government of India?
What is the difference between "reinsurance" and "co-insurance"?
Under motor insurance, ambulances are classified under which class?
In which year all shares of Oriental Insurance Company Ltd. held by the General Insurance Corporation of India were transferred to the Central government?
If an organization wishes to venture into Insurance Business it has to obtain a licence firstfrom which of the following ?
Who has been nominated by U.S. President Joe Biden to become president of the World Bank?
Machinery Breakdown insurance covers:
_____ is the length of time after a premium is due and unpaid during which the policy, including all riders, remains in force.
How many maximum children from a family are covered for the benefits under the ShikshaSahyogYojana launched by the LIC ?
What does the term "insured" refer to in insurance?Â
Relevant for Exams:
