1st PH = 10%
2nd PH = (1stPH-GH+newPH)x10%
3rdPH = (2ndPH-2ndGH+newPH)x10%
And so on....
Here are some examples
1. 1st PH=500000
Referral bonus 10%,= 50000(minimum)
1st GH= 670000
2nd PH=550000
Referral bonus: (500000-670000+550000)x10%=38000
2. 1st PH= 500000
1st GH= 670000
2nd PH= 100000
Referral bonus= (500000-670000+100000)x10%= -7000
For the second example there would be no referral bonus as the amount is negative.
Hope this helps.
#letschangetheworld
#sustainability
#PH-GH-RePH
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