AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 37 Topic 4 Discussion

AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 37 Topic 4 Discussion

GLO_CWM_LVL_1 Exam Topic 4 Question 37 Discussion:
Question #: 37
Topic #: 4

Mr. Gupta has got his stock insured against fire for Rs5,00,000/- ,during the year he lost the stock in his ware house for Rs. 4,00,000/-. The surveyor from insurance company gave his report that at the time of fire the stock in the ware house had value 6,00,000/-

Calculate what amount Mr. Gupta will receive from the insurance company.


A.

4,00,000/-


B.

5,00,000/-


C.

3,33,333/-


D.

None of the above


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