A man purchased a house for rs 4800 and got it insured for rs 5000 so that in case of loss he may recover the cost of the house and also the premium paid the rate of premium is
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ur Question doesnt make any sense to me im sorryyy
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Answer:
200
Step-by-step explanation:
purchase cost = Rs 4800
insaurance done for = Rs 5000
hence, cost of house + premium = Rs 5000
Rs 4800 + premium = Rs 5000
premium = 5000 - 4800 = Rs 200
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