- 10 Marks
QTB – Nov 2014 – L1 – SB – Q1b – Mathematics of Business Finance
Determine the total sum of money the Chief Accountant of Zeesco Plc. plans to donate to 4 not-for-profit organisations, given the donations for each organisation.
Question
The Chief Accountant of Zeesco Plc. has a large sum of money which she plans to donate to 4 not-for-profit organisations. She plans to give of this amount to organisation A. Out of the remaining amount, she plans to give to organisation B. Also, she intends to give of the balance to organisation C and the rest to organisation D. If she plans to give 11 million naira to organisation D, how much does she plan to share among these organisations?
Find Related Questions by Tags, levels, etc.
- Tags: Algebraic Fractions, Charity Donations, Fractions, Proportional Distribution
- Level: Level 1
- Topic: Mathematics of Business Finance
- Series: NOV 2014
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