If the total stock is rupees 50000 the value of policy is
rupees 70000 and the enter stock is lost, the claim will be for
rupees
70000
35714
50000
60000
Answers
Answered by
0
Answer:
70000
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Answered by
4
Explanation:
Correct Question
If the total stock is rupees 50,000 the value of policy is rupees 70,000 and the entire stock is lost, the claim will be for
Claim = Policy value / Total stock × Loss
= 70,000/50,000 × 50,000
= 70,000
∴ The claim will be for Rs. 70,000
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