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State the formula for the application of the principle

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Question - Takaful Certificate A for fire takaful has a sum covered of RM200,000 while Certificate B has a sum covered of RM300,000.

(i) State the formula for the application of the principle of contribution.

(ii) Apportion a loss of RM100,000 between Certificates A and B above.

Reference no: EM132999016

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