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These questions are based on the pie charts and the bar graph given below :
Question 102
If it is known that 12.5% of the total life insurance sold in the countries is listed for term insurance, then what is the approximate value of non-term insurance sold in these countries for the year 2002 ?
Solution
Total life insurance in all the countries = Italy + Spain + India + China + Pakistan + Russia + USA
Total value = 2500+2000+15000+10000+1000+20000+30000
= 80500
Non term insurance% = 100-12.5 = 87.5%
Value of non term insurance = (100-12.5)% of 80500 = 70437.50
Hence C
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