Plz solve this I need it urgently
Dear Student
Sales for whole year = 1200000
Sales for nine months = 600000
Loss for whole year = 90000
Loss for 9 months = 90000/1200000*600000 = 45000
Param's share in firm = 2/6
Param's share in loss = 45000*2/6 = 15000
Regards
Sales for whole year = 1200000
Sales for nine months = 600000
Loss for whole year = 90000
Loss for 9 months = 90000/1200000*600000 = 45000
Param's share in firm = 2/6
Param's share in loss = 45000*2/6 = 15000
Regards