If indemnity period is six months, Standard turnover Rs. 30000, Annual trunover Rs. 75000, Turnover during indemnity period Rs. 12000, then short sales will amount to -

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Short sales = Standard turnover for the indemnity period - Actual turnover during the indemnity period. Standard turnover for the indemnity period = (Rs. 30000/12) * 6 = Rs. 15000. Short sales = Rs. 15000 - Rs. 12000 = Rs. 3000. The calculation provided in the explanation was incorrect, leading to an incorrect conclusion. The correct approach to find the short sales should involve comparing the expected turnover during the indemnity period based on the annual turnover to the actual turnover during the indemnity period.

If Indemnity Period Is Six Months, Standard Turnover Rs