Mathematics · Insurance Claims
Calculate the amount of insurance claim if the average clause is applicable in the following case: Value of policy = ₹70,000 Stock on the date of fire = ₹80,000 Stock salvaged = ₹21,600
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹80,000
- 2₹58,400
- 3₹51,100✓
- 4₹48,400
Correct answer
₹51,100
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