REQUESTING GUIDANCE REGARDING REGULAR CLASSES

Dear Vinesh,

The first year loss will not be included in the calculation. It is an abnormal loss which can be inferred becos of the profits of other years... Similar problems in compilation have also treated the loss in the same way... 

Thanx Narayan for the reply..

But in such type of sums there is given some addl information...

For eg, company has loss in first year and from second year onwards there is profits because company has secured new order or set up or constructed new factory which has contributed substantially to the profits of the company..

And in the problem which was asked, nothing has been specified like that.

So why one should treat that it is because of abnormality..

Loss occurs even during normal situations also because of various factors..

its just i feel..

Regards