Start learning 50% faster. Sign in now
In most cases policies are renewed annually except in some cases where policies are issued for a shorter period. Since insurers close their accounts on a particular date, not all policies expire on that date. Many policies extend into the following year based on the date on which they were taken and as such the risk continues beyond the date of closing of books of the insurer. Therefore on the closing date, there is unexpired liability under various policies which may occur during the remaining term of the policy beyond the financial year and therefore, a provision for unexpired risks is made.
In a jug, there is a mixture of apple and orange juice in the ratio of p:3. When 10 liters of Apple are added, the ratio of Apple to orange juice become...
2Kg of sugar at Rs 20 per Kg is mixed with 3 Kg of 2nd type of sugar to get a mixture costing Rs 35 per Kg. Find the price of the costlier sugar ?
A car travel 20km/h for 30 min and at x km/h for 45 min. If the average speed of the car for entire journey is 14 km/h find the value of x.
Two trains, A and B, are traveling towards each other on parallel tracks. Train A is traveling at a speed of 60 miles per hour, and Train B is traveling...
A jar initially contains a certain quantity of buttermilk. After removing 8 liters of the mixture and replacing it with cream, this process is repeated ...
A shopkeeper has 112 kg rice a part of it, he sells at the profit of 40% and rest at loss of 16% and he get the loss of 12% so what is the quantity sold...
A man sold one shirt and one t-shirt for Rs. 4000 on shirt he gained 21% and he lost 14% on t-shirt. If overall profit is 7%, then cost price of t-shirt is
A sum of ₹4,360 was to be divided among A, B, C, and D in the ratio 3:4:5:8, but it was divided in the ratio 1/3:1/4:1/5:1/8. Was divided by mistake: ...
‘D’ and ‘E’ can complete a project in 40 days, while ‘E’ and ‘F’ can complete it in 60 days. ‘D’ and ‘E’ worked together on it f...
A fox chases a lion. Fox takes 7 leaps for every 5 leaps of the lion and the distance covered by lion in 6 leaps is equal to the distance covered by fox...