a trader has taken a fire insurance policy of Rs 500,000 on goods lying on his godown out of these. goods of the value of Rs 300,000 have been destroyed by fire. he can claim an amount of loss to the value of:
(A) 200,000
B) 300,000
(C) 5,00,000
(D) 8,00,000
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Answer:
5,00,000
Explanation:
5,00,000
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