From the information given below calculate the sum insurable
Date of fire-01-03-2016
Turnover from 01-03-2015 to 29-02-2016-Rs. 88,00,000
Agreed GP ratio-20%
Special circumstances clause provided for the increase of turnover by 10%

Question

Examsnet · Accepted Answer

Correct Answer is :  Rs.19, 36,000

EPFO 2017 English Medium Solved Paper