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A company has undertaken a fire insuranc...

A company has undertaken a fire insurance policy for Rs 5 lakh. After two mounts due to fire it
incurred a loss of Rs 2 lakh. How much amount will the company get as compensation ?

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A company took fire insurance policy for Rs 5 lakh . After three months, due to fire, insured suffered a loss of Rs 2 lakh . How much money will company get as compensation and why?

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