Chapter: Insurance and Annuity· Mathematics & Statistics (Commerce) Part 2
A person insured a property of ₹ 4,00,000. The rate of premium is ₹ 35 per thousand p.a. The amount of annual premium is ____.
Q.4 (A)(ii) A person insured a property of ₹ 4,00,000. The rate of premium is ₹ 35 per thousand p.a. The amount of annual premium is ____.
A. ₹ 14,000
B. ₹ 24,000
C. ₹ 34,000
D. ₹ 15,000