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    5. From the information given below, calculate the sum insurable : Date of fire-01.03.2016 Turnover fro

    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

    Practice Next
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    Relevant for Exams:

    • UPSC EO/AO

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