First Security Islami Bank Ltd MCQ 181+
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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?
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