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Statement showing Computations | |
Particulars | Amount |
a) cost of loss discount = (2%/98%)*(360/(50-13)) | |
Cost of loss discount = (2%/98%)*(360/(37) | 19.86% |
b) cost of loss discount = (2%/98%)*(360/(50-20)) | |
cost of loss discount = (2%/98%)*(360/30) | 24.49% |
c) cost of loss discount = (3%/97%)*(360/(65-18)) | |
cost of loss discount = (3%/97%)*(360/47) | 23.69% |
d) cost of loss discount = (3%/97%)*(360/(150-18)) | |
cost of loss discount = (3%/97%)*(360/(132) | 8.43% |
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