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Question

Pooja owns a bakery store in Pune. She has taken a fire insurance policy for 5 lakhs. After three months, due to fire, she suffered a loss of 2 lakh. How much money will she get as compensation? 



A

3 lakh

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B

2 lakh

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C

5 lakh 

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D

None of the above 

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Solution

The correct option is C

2 lakh


The compensation that she will receive is 2lakhs. 


Business Studies

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