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Use the table above to answer questions 27 and 28 If Mr. P takes a fire insurance ...

NAME INSUREDAMOUNT(₦) ACTUALVALUE(₦) ACTUALLOSS(₦)
Mr. PMr. KMr. R 25,00030,00040,000 100,000120,000150,000 30,00040,00050,000



Use the table above to answer questions 27 and 28
If Mr. P takes a fire insurance policy with average clause, his compensation will be ____________

A. ₦7,500
B. ₦5,000
C. ₦70,000
D. ₦75,000




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