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These are agreements between an insurance company (the "ceding company") and a reinsurer, where the reinsurer agrees to accept specific risks from the ceding company. The primary purpose of a reinsurance treaty is to establish the terms and conditions under which an insurer (the ceding company) transfers a portion of its risks to a reinsurer.
A certain sum of money becomes Rs. 1500 in 1 year and 2800 in 3 years at certain rate of simple interest. Find the sum of money invested.
The interest earned when a sum is invested at simple interest of 10% p.a., for 3 years, is Rs. 6000. What will be the total amount received after 2 year...
A man deposited 25% of his salary to a bank which offers compound interest at the rate of 10% p.a. If the interest earned by him from the bank after 2 y...
A took a loan of Rs.5320 at simple interest of 20% p.a. and invested the same money in a scheme at simple interest of 30% p.a. Find the profit earned by...
Two persons A and B invest money in two schemes. A invests Rs. 6000 for 2 years in R% CI per annum. B invests Rs.7000 for 2 years in 20% CI per annum. I...
A person named 'P' invested Rs. 48,000 in an SIP called 'X', which provides compound interest at a rate of 50% per annum, compoun...
Amit invested ₹8000 into a SIP that earns simple interest at 12% annually for 3 years. Pawan deposited an unknown amount in a S...
The savings of Arun and Bhaskar are same. The difference between the expenditure of Bhaskar and the savings of both Arun and Bhaskar together is 0. The ...
A sum of Rs. 4000 is invested at simple interest for 2 years. If the rate interest for first year is 15% p.a. while 25% p.a. for second year, then find ...
