11) An insurance policy pays 90% of the first20000 of a certain patien

1.	11) An insurance policy pays 90% of the first20000 of a certain patient's medicalexpenses, 80% of the next 40000 and 40%of the 40000 after that. If the patient's totalbill is 92000, then how much will thepolicy pay?a 90000b 84000c 70000d 62800
Answer» Total bill of patient = 92000 Then insurance company will pay = (90/100)20000 + (80/100)40000 + (40/100)32000= 90200 + 80400 + 40320= 18000 + 32000 + 12800= 62800 Therefore insurance company will pay Rs 62800 (d) is correct option

11) An insurance policy pays 90% of the first20000 of a certain patient's medicalexpenses, 80% of the next 40000 and 40%of the 40000 after that. If the patient's totalbill is 92000, then how much will thepolicy pay?a 90000b 84000c 70000d 62800

Answer»

Total bill of patient = 92000

Then insurance company will pay = (90/100)*20000 + (80/100)*40000 + (40/100)*32000= 90*200 + 80*400 + 40*320= 18000 + 32000 + 12800= 62800

Therefore insurance company will pay Rs 62800

(d) is correct option