3. Because of covid-19 a company lockdown for 6 months and got loss of 1,32,000 in the year 2020. Find the average loss of each month
Answers
Answer:
the answer is 11000
Step-by-step explanation:
1year=12months
=132000/12
=11000
Answer:
The average loss each month is Rs. 22,000.
Step-by-step explanation:
Given:
It has been given that because of Covid-19, a company was under lockdown for 6 months and had to face a loss of in the year 2020.
To find:
We have to find the average loss for each month.
Solution:
A loss is basically the excess of the total expenses over revenues. This can be for a single business transaction or in reference to the sum of all transactions for an accounting period.
Since loss during the time period of 6 months was , the loss average loss during each month will be calculated by dividing by 6.
The calculation will go as under:
Final Answer:
Hence, the average loss each month is Rs. 22,000
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