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1. Mr. Ahsan is insured competely for Tk. 50,000 of damages to his car. For any damage avove Tk. 50,000 the insurance company will pay tk 50,000 plus 20% of the rest of the company. what was the total amount of the damage estimated?
- A. Tk. 30,000
- B. Tk. 30,000
- C. Tk. 30,000
- D. Tk. 30,000
Answer: Option D
Explanation:
Damage insured = Tk. 50000
Damage paid by company = Tk. 56000
Damage extra paid = 6000
Now, 20% = 6000
10% = ( 6000×100)/20 = 30000
Total estimated damage = Tk ( 50, 000 + 30, 000) = Tk. 80, 000
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