A house priced Rs. 500000 is insured 70%. The house gets completely damaged in an accident and the insurance company pays 80% of the insurance. What is the amount paid by the insurance company?

A house priced Rs. 500000 is insured 70%. The house gets completely da

1.	A house priced Rs. 500000 is insured 70%. The house gets completely damaged in an accident and the insurance company pays 80% of the insurance. What is the amount paid by the insurance company?
A.	Rs. 250000
B.	Rs. 240000
C.	Rs. 320000
D.	Rs. 280000
Answer» E.

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A house priced Rs. 500000 is insured 70%. The house gets completely damaged in an accident and the insurance company pays 80% of the insurance. What is the amount paid by the insurance company?

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