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                                    Multiple Choice (Select 1 out of 4 options, for the question below.) A fire occurred in the premises of Hanuman Sons on 15th October, 2011 and normal business operations were restored on 1st April, 2012. The company had taken loss of profitpolicy for Rs. 1.50,000 with indemnity period of six months and a clause for adjustment of 20% to be made in respect of the expected incremental turnover From the followinginformation compute amount of claim under 'Loss of Profit' policyActual turnover from 16h October, 2011 to 31st March, 2012Turnover during the corresponding period of previous yearTurnover from 1511 October 2010 to 14th October, 2011Net profit for the last financial yearInsured standing charges for the last financial yearTurnover for the last financial year1,20,0002.40.0004,80,00090,00067,5004.50,000Responsehis43750O O O4375543760End Test447:50W | 
                            
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