Question

Goods of Rs. 1,00,000 of M/s Raju & Sons are insured for Rs. 70,000 subject to
average clause. Loss due to fire is assessed at Rs. 30,000. Calculate what claim the
insured will get from the insurers.​

Answer 1

Answer:

21,000

Explanation:

as u say goods of 1,00,000 and insured 70,000 then it mean u get 70% if u get loss , this is how the answer u get 70% of 30,000 is 21,000