Average income of 'P' and 'Q' together is Rs. 50,000. Whereas the average expenditure of 'P' and 'Q' is Rs. 32,000. Find the savings of 'E' if the savings of 'P' is 40% more than that of 'Q'.
ATQ, Sum of incomes of 'P' and 'Q' = 50,000 × 2 = Rs. 1,00,000 Sum of expenditures of 'P' and 'Q' = 32,000 × 2 = Rs. 64,000 So, sum of savings of 'P' and 'Q' = 1,00,000 - 64,000 = Rs. 36,000 Let the savings of 'Q' be Rs. '100y' So, savings of 'P' = 1.40 × 100y = Rs. '140y' Now, 100y + 140y = 36,000 Or, 240y = 36,000 So, 'y' = 150 Therefore, savings of 'P' = 140 × 150 = Rs. 21,000
The establishment of Agriculture Insurance Company of India Limited (AIC) was announced in which General Budget speech?
Mortality Charge is the amount charged _____________ by the insurer
Coverage for bodily injury and property damage incurred through ownership or operation of a vehicle is called?
Insurance Policy which is provided as an additional layer of security to those who are at risk for being sued for damages to other people’s property o...
The free-look period is of how many days ?
___________ is the liability arising from contractual agreements in which it is stated that some losses, if they occur, are to be borne by specific part...
What is the grace period in case of monthly premium payment mode in insurance?
Why do insurers arrange for survey and inspection of the property before acceptance of a risk?
The insurance in which risks are shared between multiple insurers is known as?
If the same company's stock price fell to $2 per share while its EPS fell to $0.25, the P/E would fall to ____.
