Riverside Roller Skating had property valued at $435,000 and insured for $225,000. The fire insurance policy contained an 80% coinsurance clause. What was the coverage ratio? (Round to the nearest tenth of a percent)

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The Answer of Riverside Roller Skating had property valued at $435,000 and insured for $225,000. The fire insurance policy contained an 80% coinsurance clause. What was the coverage ratio? (Round to the nearest tenth of a percent)

Riverside Roller Skating Had Property Valued at $435,000 and Insured