Direction: The graph given here shows the annual premiums of an insurance company, charged for an insurance of $ 1000 for individuals of different age groups. Study the graph and answer each of the following questions :
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What percent of the premium is increased if a managed 30 years is insured for $ 1000 instead of a managed 23 years?
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- 4.75%
- 5.68%
- 6.24%
- 6%
Correct Option: B
As per the given graph in question ,
| Required increase = | × 100 = 5.68% | 44 |
