Continue with your mobile number
We know quantity of wine left is = P × {1 - (R/P)}n {Where 'P' is the initial quantity of wine, 'R' is the quantity withdrawn each time and 'n' is number of times the process is done.} Let the initial quantity of wine in the barrel be 'I' litres. 48 = I × {(I - 15)/I}2 48I = (I – 15)2 48I = I2 – 30I + 225 I2 – 78I + 225 = 0 I2 – 75I – 3I + 225 = 0 I(I – 75) – 3(I – 75) = 0 (I – 3)(I – 75) = 0 I = 75, 3 Since, quantity of wine left in the barrel is 48 litres. So, initial quantity of wine cannot be 3 litres. So, initial quantity of wine in the barrel = 75 litres
The role of a risk engineer in the insurance process is to:
A Life insurance policy for which the cost is equally distributed over the term of the premium period, remaining constant throughout is called?
What are the assumptions about rates of investment earnings, mortality, turnover and distribution or actual ages at which employees are likely to retire?
The process of determining the cost of an insurance policy based on the actual loss experience determined as an adjustment to the initial premium paymen...
Who is a good endorser for life insurance?
Which of the following public sector company have the highest shareholding in Agriculture Insurance Company of India Limited (AIC)?
The Institute of Insurance and Risk Management (IRM) was founded in which of the following year?
IRDAI has the power to frame regulations under which of the following Section of the Insurance Act, 1938?
A policy that covers loss or damage to a householder's property is:
Customer feels good irrespective of product he experiences ?