JAMB Commerce 2013 Question 15

Name | Insured Amount (₦) | Actual Value (₦) | Actual Loss (₦)
Mr. N | 25,000 | 100,000 | 30,000
Mr. R | 30,000 | 120,000 | 40,000
Mr. P | 40,000 | 150,000 | 50,000
If Mr. N takes a fire insurance policy with average clause, his compensation will be

1. A.₦5,000.
2. B.₦7,500.
3. C.₦70,000.
4. D.₦75,000.