Question
In which type of the following insurances does the
premium amount remains the same all over the period, it doest change?Solution
Level-premium insurance is a type of life insurance in which premiums stay the same price throughout the term, while the amount of coverage offered increases. These policies may be permanent or term life.
Amit, Bittu, and Chinky initiated a business venture with investments in the proportions of 8:10:9, respectively. Their shares of the profit were distri...
‘A’, ‘B’ and ‘C’ started a business by investing Rs. 5000, Rs. 6000 and Rs. 4000, respectively. After 4 months, ‘B’ left and ‘A’ and...
A and B invested Rs. 3600 and Rs. 4800 in a business. After 2 months, C joined with Rs. ‘x’. If A’s profit share in the total annual profit of Rs....
‘A’ and ‘B’ entered into a partnership by investing Rs. 2500 and Rs. 3500, respectively. If ‘A’ invested his sum for only 7 months and the t...
'A' and 'B' started a business by investing Rs. '6x' and Rs. '8x' respectively. Five months later, 'A' withdrew Rs. 100 from his investment whereas 'B' ...
‘Farhan’ started a business by investing Rs. 1,000. After 8 months, ‘Gautam’ joined him with 120% of Farhan’s investment. If the total profit ...
A and B started a business with investments in the ratio 3:5 respectively. After 5 months, C joined them with an investment 60% more than the investment...
A and B entered into a business investing their capital in the ratio of 16:21, respectively and the respective ratio of time for which they made their i...
In a business there are two partners ‘P’ and ‘Q’. ‘P’ started the business with the capital of Rs. 8000 and after 3 months ‘Q’ joined hi...
M and N invested Rs. 2800 and Rs. 4200 in a firm. After 6 months, O joined them with Rs. ‘x’. If M’s share in the annual profit of Rs. 1800 is Rs....
