9. Closing stock on the date of fire is Rs. 50,000 and the stock salvaged is Rs.
23,000. Theclaim is
a. 23,000
O b. 27,000
c. 50,000
Answers
Answered by
0
Answer:
50000
Step-by-step explanation:
is the ans were please follow mark brainlist
Answered by
0
Given:
Closing stock on the date of fire is Rs. 50,000
Stock salvaged is Rs.23,000
To Find:
The claim value
Solution:
We know that,
Claim = Loss Suffered x Insured Value/Total Cost
In this case,
Loss suffered = 50000 - 23000 = Rs.27,000
Insured value = Rs. 50,000
Total cost = Rs. 50,000
Putting these value in their corresponding places, we get
Claim = 27000 x 50000/50000
= Rs.27,000
Hence, the claim is (b) Rs.27,000.
Similar questions