Question

A godown valued at Rs. 80,000 contained stock worth Rs. 4,80,000. Both were

insured against fire. Godown for Rs. 50,000 and stock for 80% of its value. A

part of stock worth Rs. 60,000 was
completely destroyed and the rest was reduced

to 60% of its value. The amount of damage to the godown is Rs. 40,000. Find the

amount that can be claimed under the policy.​

Answer 1

Answer:

amount that can be claimed by godown is 40000 x 80 /100

32000