Question

46) Under loss of profit method, for calculating gross claim how much will be saving
in insured standing charges, if the yearly saving in insured standing charges are
Rs.2,100 and period of Indemnity is 4 months?
a) 300
b) 400
c) 700
d) 800

Answer 1

Understand the significance of Claim for loss of stock and

loss of profit.

 Comprehend with the terms Loss of profit; Standing

Charges and Increased cost of working.

 Compute the amount of claim for loss of stock and loss of

profit