The 'center' of the load can be mathematically calculated.
Multiply each load by it's distance from the supply.
Add these products for all the loads, and divide the sum by the sum of in individual loads. The result is the 'distance' from the supply end of the circuit to the load 'center'. This figure is the 'length' of the circuit to use in your voltage drop calculation. See Fig. 33
If the loads are spread evenly along the circuit, then you can use the physical 'center' of the loads as a base figure. (Fig. 34)
Source: American Electricians' Handbook, Croft, 1953 edition.