Question
Circumstance including possibility of loss or no loss
but no possibility of gain is termed as?Solution
Pure risk, also known as absolute risk, is a category of hazard in which the outcomes are a loss or no loss, and there is no opportunity for gain. ... There are products available to mitigate pure risk hazards, such as homeowners insurance, which helps protect homeowners against the destruction of their homes.
The income of Tina is Rs.26000 and she saves 30% of her income. The savings of Kajal is Rs.3000 more than that of Tina and she spends 60% of her income....
A number increases by 20% and becomes X. If X is later decreased by 25%, the final value is 180. Find the original number.
There were two candidates in an election. 10% of the total voters did not cast their votes whereas 5% of the casting votes were declared invalid. If the...
The speed of A is 20% more than B, and the speed of C is 80 more than the difference of the speeds of A and B. If C’s speed is 140, then find the spee...
- In a university examination, the passing marks are set at 50%. Marks obtained by ‘X’ are 12% less than the passing marks, and ‘Y’ scores 30% marks ...
A bulb-producing company found 17% of the total product defective. If the total number of nondetective products is 4565, then specify the number of tota...
The number of employees in a company was 17,500 in 2015. It increased by 20% in 2016, decreased by 30% in 2017, and then increase...
If a book was sold at 20% profit and the cost price & selling price of the book is increased by Rs. 40 and Rs. 96 respectively. The new profit percentag...
The income of ‘A’ increases by 10% every year. If his income 3 years hence from now will be Rs. 29282, then find his income a year before from now.<...
The price of a commodity is increased by 25% and then decreased by 20%. What is the net percentage change in the price?
