Let, the cost price of the item be Rs. '100x'. ATQ, 1.25 X 100x = (5/6) X (100x + 6000) Or, 125x X 6 = 500x + 30000 Or, 750x - 500x = 30000 Or, 250x = 30000 Or, x = (30000/250) = 120 So, the cost price of the item = 100x = 100 X 120 = Rs. 12,000
The 'Third-Party Liability' cover in a motor insurance policy is mandatory in India as per the:
The conversion of insurance companies from mutual companies owned by their policyholders into publicly traded stock companies is termed as?
What does the preamble of an insurance policy NOT typically include?
What is the insurance of commercial property that protects the property from such perils as fire, theft and natural disaster?
Process of transferring life insurance to another person is called _____ of policy.
________________ is some amount of money will paid before insurance will pay 100% for an individual’s health-care expenses.
Insurance that pays claims arising out of incidents that occur during the policy term, even if they are filed many years later is known as?
A person invests Rs. 100000 in an insurance policy, 40000 Rs in a PPF account. He also invests fees of his two children 40000rs each. Then how...
What is the purpose of a deductible in an insurance policy?
Which of the following insurance compensates for the cost of repairing or replacing defective products past the normal warranty period provided by manu...
