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     EduGorilla 
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    Goods costing Rs. 4,000 having normal sales value of Rs. 6,000 were destroyed by fire. The scrap worth Rs. 400 was taken over by insurance company. Insurance company accepted a final claim of Rs. 2,700. What amount of loss by fire will be transferred to profit and loss account?

    Options :-

    1. Rs. 3,300
    2. Rs. 1,300
    3. Rs. 1,700
    4. Rs. 900
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