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using insurance to half value assume that 2000 buildings are valued $200,000 each and are insured to half value for a total $200 milion of
using insurance to half value assume that 2000 buildings are valued $200,000 each and are insured to half value for a total $200 milion of a fire insurance if the following fire loess occured two total losses =$400,000 thirty partal losses at 20000 each how much premuim rate as per full value insurance ??
a 25 cents
b 40 cents
c 35 cents
d 45 cents
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