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      Question

      From the information given below, calculate the sum

      insurable : Date of fire-01.03.2016 Turnover from 01.03.2015 to 29.02.2016 - ₹ 88,00,000 Agreed GP ratio-20% Special circumstances clause provided for the increase of turnover by 10%
      A ₹ 19,36,000 Correct Answer Incorrect Answer
      B ₹ 48,40,000 Correct Answer Incorrect Answer
      C ₹ 10,32,000 Correct Answer Incorrect Answer
      D ₹ 24,20,000 Correct Answer Incorrect Answer

      Solution

      The correct answer is A

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