Mr. Rahman is insured completely for Tk. 50,000 of damages to his machinery. For any damage above Tk. 50,000 the insurance co. will pay Tk. 50,000 plus 20% of the rest of the damage amount. For a recent accident, Mr. Rahman was paid Tk. 56,000 by the insurance co. What was the total estimated damage?



Tk. 30,000
Tk. 280,000
Tk. 104,000
Tk. 80,000

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