step by step solution would be appreciated thanks

. A company sells fully comprehensive motor insurance policies. You are given the following information about a particular risk classification group: Non-discounted Expected Claims for a vehicle year is 800 Commission = 5% of office premium The fixed expenses that this group of policies has to contribute to is 24,000 Claim Expenses = 110 per claim administered Variable Expenses = 6% of premium + 10 per policy i) Derive the premium to be charged if: As a contingency, total claim pay outs are assumed to be 4% higher than predicted The required profit on this policy is 5% of office premium It is assumed that there will be 6,000 policies sold It is assumed that there will be 200 claims per 1000 policies Claims are assumed to be incurred uniformly over the policy year Claims are assumed to take 6 months to be settled from the date they were incurred Investment return on reserves is assumed to be 3% per annum Policies are loaded with a 3 charge that covers the reinsurance that each policy is covered by