Problem

5. Mauna Kea is a m A company made a profit of $\$ 8$ million one year and a loss of $\$ 12$ million the next year. a) What was the company's total profit or loss over the two years? b) How much better was the company's result in the first year than in the second year?

Solution

Step 1 :Find the total profit or loss: \(8 + (-12) = -4\)

Step 2 :Find the difference between the first and second year: \(8 - (-12) = 20\)

Step 3 :Final Answer: a) \(\boxed{-4}\) million total loss over two years, b) \(\boxed{20}\) million better in the first year

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Source: https://solvelyapp.com/problems/25882/

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