The firm had safeguarded the accomplices lives severally as, Finance Basics

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The firm had safeguarded the accomplices lives severally as

A, B and C are accomplices in a firm sharing benefits and misfortunes in the proportion of 5:4:3 individually. The firm had safeguarded the accomplices' lives severally, A's life for Rs. 20,000, B's life for Rs. 16,000 and C's life for Rs. 14,000. The premiums were charged to the association's benefit and misfortune account. The surrender estimations of these strategies were 20% of the arrangement sum. B passed on 1.4.2011. Compute B's offer in strategies.

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Finance Basics: The firm had safeguarded the accomplices lives severally as

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