Question
What is the principle of insurable interest in
insurance?ÂSolution
The principle of insurable interest requires that the insured must have a financial or other interest in the subject matter of the insurance policy, which means they will suffer a financial loss if the subject matter is damaged or destroyed.
If A: B = 2:3 and B: C = 3:4 find the value of (A+B): (B+C): (C+A).Â
The ratio of the present ages of A and B is 10:7. After 8 years, the ratio of their ages will be 12:9. Find the ratio of their ages 12 years ago.
In a showroom, 65% of the vehicles are two-wheelers and the remaining are four-wheelers. Find the ratio of the number of wheels of two-wheelers to that ...
Two taps, A and B, can fill a cistern with a capacity of 576 liters in 36 minutes. If their filling efficiencies are in the ratio 5:3, determine how man...
- If 72% of (P - Q) is equal to 30% of 60% of (P + Q), then find the value of Q:P.
A certain amount was divided among four people P, Q, R and S such that the amount obtained by S is 12.5% more than the amount obtained by Q. The amount ...
A solution contains alcohol and water in the ratio 3:2. If 15 liters of water is added to the solution, the ratio becomes 3:5. What was the initial volu...
In a T20 match, the total runs scored by five batsmen is 400. The ratio of runs scored by Williamson to Taylor is 11:9. If 2/5th of the total runs are s...
Radius of base of a hollow cone is 8 cm and its height is 15 cm. A sphere of largest radius is put inside the cone. What is the ratio of radius of base ...
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