Q356
The price of a car is Rs. 325000. It was insured to 85% of its price. The car was damaged completely in an accident and the insurance company paid 90% of the insurance. What was the difference between the price of the car and the amount received ?
A.
Rs. 32500
B.
Rs. 48750
C.
Rs. 76375
AnswerD.
Rs. 81250
Answer: Option C
Solution
Answer: Option C
Solution:
Amount paid to car owner = 90% of 85% of Rs. 325000= Rs.
= Rs. 248625
∴ Required difference :
= Rs. (325000 - 248625)
= Rs. 76375