Mr. Jaman is insured completely for Tk. 150000 against damages to his machinery. For any damage over Tk. 150000 the insurance company will pay Tk. 150000 plus only 15% of the additional damage. For a recent accident, Mr Jaman was paid Tk. 156000 by the insurance company. What was the total amount of the damage estimated?
Solution
Correct Answer: Option E
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