Mr. Jaman is insured completely for Tk. 1,50,000 against damages to his machinery. For any damage over Tk. 1,50,000, the insurance company will pay Tk. 1,50,000 plus plus only 15% of the additional damage. For a recent accident, Mr. Jaman was paid Tk. 1,50,000 by the insurance company. What was the total amount of the damage estimated?
Mr. Jaman is insured completely for Tk. 1,50,000 against damages to his machinery. For any damage over Tk. 1,50,000, the insurance company will pay Tk. 1,50,000 plus plus only 15% of the additional damage. For a recent accident, Mr. Jaman was paid Tk. 1,50,000 by the insurance company. What was the total amount of the damage estimated? Correct Answer Tk. 1,04,000
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Feb 20, 2025