Question
The population of Tigers is decreased by a certain rate
of Interest (Compounded annually). If the current population of Tigers be 11520 and the ratio of decrease in Population for second year and third year be 5:4. What was the population of Tigers 3 years ago?Solution
(Decrease in Second Year)/(Decrease in Third year)→ 100/(100-r) = 5/4 400 = 500 - 5r 5r = 100 r = 20% Let the Population of Tigers 3 years ago be P, then P(1-20/100)3= 11520 P(4/5)3= 11520 P= (11520 ×5 ×5 ×5)/(4 ×4 ×4) = 22500
The first unit-linked insurance plan (ULIP) was launched by which of these countries?
Which is liability coverage for contents within a renter’s residence?
How many part-time members is appointed by the Government of India in the Composition of IRDAI?
Losses other than property damage that occur as a result of physical loss to a business for example, the cost of maintaining key employees to help reorg...
In case of a motor accident, the first step to be taken by the insured is to:
Under which type of plans, an insurance that provides coverage at a fixed rate of payments for a limited period of time is called?Â
The Life Insurance Companies Act was passed in which year?
Written words in a policy take precedence over:
SWIFT provides a network that enables financial institutions worldwide to send and receiveinformation about financial transactions securely. It is head...
When a single insurance company offers both life and non- life insurance policies then what does it known as?
Relevant for Exams:
