Question

how weight average profit is calculated​

Answer 1

Answer:

Under this method, each year's profit is multiplied by the respective number of weights e.g. 1,2,3,4, etc. in order to find out value of product. The sum of the product is then divided by the total weights to get weighted average profits the weighted profit is then multiplied by Number of year's purchase.

Answer 2

✅Under this method, each year's profit is

multipliedby the respective number of weights

e.g. 1,2,3,4,etc. in order to find out value of

product.The sum of the product is then divided

bythe total weights to get weighted average

profits the weighted profit is then multiplied by

Number of year's purchase.✅

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