Questions

Brihanmumbai Municipal Corporation (BMC), is the governing civic body of Mumbai, the Municipal Corporation of Greater Mumbai, Maharashtra is India's richest municipal corporation. The BMC's annual budget exceeds that of some of the smaller states of India.

Virgil and Horace were the famous Roman poets.

Tacitus and Plinky were the famous Roman historians.

Marcus was a Roman Philosopher.

Entomology is the science branch of Zoology that studies Insects. 

The logic in the given puzzle is 

Addition of numeric values of corresponding letters in the first three figures gives respective corresponding letter in fourth figure. 

i.e, A = 1 , W = 23 , B = 2 => 2 + 1 + 23 =26 = 'Z'

Similarly, L = 12, K = 11 , A = 1 => 1 + 11 + 12 = 24 = 'X'

Here the missing letter is 'X'.

Probability of sending the correct material is 4/5

Probability of the material not being damaged in transit is 1/4

Probability that there is no short shipment = 2/3

∴ Required probability =4/5 x 1/4 x 2/3 = 2/15