A shopkeeper marked his article 25% above its cost price and offered a discount of 30%. If cost price of the article is Rs. 560, then find profit or loss of the shopkeeper on selling the article
Marked price of the article = 1.25 × 560 = Rs. 700 Selling price of the article = 0.7 × 700 = Rs. 490 Loss = 560 – 490 = Rs. 70
Legal responsibility of a fiduciary to safeguard assets of beneficiaries is termed as?
Which of the following is not one of the stages in product life cycle?
What is the minimum group size in Micro Insurance Schemes?
____________ is the ratio of the number of life insurance policy that lapsed within a given period to the number of policy in Force at the beginning of...
_____ is the length of time after a premium is due and unpaid during which the policy, including all riders, remains in force.
Which of the following institution was established in the year 1955, for the purpose of promoting Insurance Education & Training in the country?
_________ indicates the level of development of insurance sector in a country.
A person who makes an insurance claim is called?
In which year New India Assurance Co Ltd nationalized?
“Uberrimae fidei” or "uberrima fides" means -