a company made a profit of $4 million per month for 8 months, then lost $10 million per month for 4 months. What was their result for the year?
Profits = 4 million per month * 8 months = 32,000,000
Losses = 10 million per month * 4 months = 40,000,000
Calculate results for the year:
Result for the year = Profits - Losses
Result for the year = 32,000,000 - 40,000,000
Result for the year = 8,000,000
Profits = 4 million per month * 8 months = 32,000,000
Losses = 10 million per month * 4 months = 40,000,000
Calculate results for the year:
Result for the year = Profits - Losses
Result for the year = 32,000,000 - 40,000,000
Result for the year = 8,000,000