Question

A company donates to charity every year as its contribution to society. If the company makes a profit in that year, 2/9 of the profit will be allocated for donation. If the company incurs a loss, the company will also allocate 0.05 of the loss for donation. If the company makes a profit of RM43.2 million in a certain year

and incurs a loss of RM2.5 million and RM6.5 million respectively in two consecutive years, calculate the total donations the company would have allocated for charity in those three years.


can someone please help meee

Answer 1

RM10.05 million

Explanation:

• year 1 profit= RM 43.2m
• yr 2 loss =RM 2.5 m
• yr 3 loss=RM 6.5 m

therefore:

2/9 of 43.2

=9.6m

5/100 of 2.5m

=125,000

5/100 of 6.5m

=325,000

therefore total donations are :

9,600,000+125,000+325,000

=10,050,000

I tried... hope it helps