From the information given below, calculate the sum insurable:Date of fire -- 01.03.2016Turnover from 01.0.3.2015 to 29.02.2016-- Rs. 88,00,000Agreed GP ratio -- 20%Special circumstances clause provided for the increase of turnover by 10%

From the information given below, calculate the sum insurable:Date of

1.	From the information given below, calculate the sum insurable:Date of fire -- 01.03.2016Turnover from 01.0.3.2015 to 29.02.2016-- Rs. 88,00,000Agreed GP ratio -- 20%Special circumstances clause provided for the increase of turnover by 10%
A.	Rs. 19,36,000
B.	Rs. 48,40,000
C.	Rs. 10,32,000
D.	Rs. 24,20,000
Answer» B. Rs. 48,40,000