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Mr. Rahman is insured completely for Tk. 50,000 of damages to his machinery. For any damage above Tk. 50,000 the insurance co. will pay Tk. 50,000 plus 20% of the rest of the damage amount. For a recent accident, Mr. Rahman was paid Tk. 56,000 by the insurance co. What was the total estimated damage?
Mr. Rahman is insured completely for Tk. 50,000 of damages to his machinery. For any damage above Tk. 50,000, the insurance company will pay Tk. 50,000 plus 20% of the rest of the damage amount. For a recent accident, Mr. Rahman was paid Tk. 56,000 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?