Class 1 Exam > Class 1 Questions > Since 1991, Toyota has donated over _________...
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Since 1991, Toyota has donated over __________ in cash & grants. That’s almost $24 million a year!
- a)a billion dollars
- b)half a billion dollars
- c)one third billion dollars
- d)two billion dollars
Correct answer is option 'B'. Can you explain this answer?
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Since 1991, Toyota has donated over __________ in cash & grants. T...
Understanding Toyota's Donations
Toyota has made significant contributions to various causes since 1991, amounting to a remarkable sum. The question asks us to determine the total amount donated by Toyota in cash and grants over this time period.
Calculating the Total Donations
- Annual Donation Estimate: If Toyota has donated nearly $24 million each year, we can estimate the total donations over a span of 32 years (from 1991 to 2023).
- Total Calculation:
- $24 million/year * 32 years = $768 million
Evaluating the Options
Now, let's analyze the answer choices:
- a) A billion dollars: This exceeds our calculated total.
- b) Half a billion dollars: This option is approximately $500 million, which is below our calculated total but aligns with the idea that the donations are substantial.
- c) One-third billion dollars: This is approximately $333 million, which is also below the total.
- d) Two billion dollars: This far exceeds the estimated total as well.
Conclusion
Considering the total donations calculated, the correct answer is b) half a billion dollars, as it is a conservative yet reasonable estimate of Toyota's contributions over the years while acknowledging that the total is less than a billion but more than a third of a billion.
Toyota has made significant contributions to various causes since 1991, amounting to a remarkable sum. The question asks us to determine the total amount donated by Toyota in cash and grants over this time period.
Calculating the Total Donations
- Annual Donation Estimate: If Toyota has donated nearly $24 million each year, we can estimate the total donations over a span of 32 years (from 1991 to 2023).
- Total Calculation:
- $24 million/year * 32 years = $768 million
Evaluating the Options
Now, let's analyze the answer choices:
- a) A billion dollars: This exceeds our calculated total.
- b) Half a billion dollars: This option is approximately $500 million, which is below our calculated total but aligns with the idea that the donations are substantial.
- c) One-third billion dollars: This is approximately $333 million, which is also below the total.
- d) Two billion dollars: This far exceeds the estimated total as well.
Conclusion
Considering the total donations calculated, the correct answer is b) half a billion dollars, as it is a conservative yet reasonable estimate of Toyota's contributions over the years while acknowledging that the total is less than a billion but more than a third of a billion.
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Since 1991, Toyota has donated over __________ in cash & grants. That’s almost $24 million a year! a)a billion dollars b)half a billion dollars c)one third billion dollars d)two billion dollarsCorrect answer is option 'B'. Can you explain this answer?
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