23. Kanjibhai of Rajkot sent 10 T.V. sets each of Rs. 7,500 to Maganlal of
Jamnagar for sales on consignment basis. He paid Rs. 3,000 towards freight
,
insurance premium etc. One T.V. set was totally destroyed in transit due to
fire. Claim was received for Rs. 7,500 from the insurance company. How
much is considered to be abnormal loss?
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Explanation:
The answer is the 750 ruppes
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