) ABC Ltd. is Mobile phone manufacturing firm and due to its slower pace in upgrading the new innovative products has incurred a loss of Indian Rupee (INR) 15 lakhs this year (that is now). According to consulting firm if the management doesn't able to launch newer products immediately the losses are expected to increase every year over the next five years' period. The consulting firm is expecting the future value of losses to be a total of INR. 270 Lakhs by the end of year 5. If the losses increase uniformly over the 5-year period, you are required to calculate the expected increase in loss value in INR each year if interest rate is 12%.