Question

Question 3

Mr Dladla wants to open a training company, he will be training Learnerships and
ABET. He plans to operate at South Gate Mall with the total Market share of 4500
customers per month. He knows that he can only expect 50% of the market share for
the year.
His selling price will be R500 and the cost of running his course in R300. His training
company opens 20 days per month.
(10)
3.1 Calculate his gross profit per day and thereafter

Answer 1

To calculate Mr. Dladla's gross profit per day, we first need to calculate his expected monthly revenue and cost:

Expected monthly revenue = 50% of total market share * selling price * number of operating days per month

= 0.5 * 4500 * 500 * 20

= R22,500,000

Expected monthly cost = selling cost * number of operating days per month

= 300 * 20

= R6,000

Gross profit per month = expected monthly revenue - expected monthly cost

= R22,500,000 - R6,000

= R22,494,000

To calculate his gross profit per day, we divide his monthly gross profit by the number of operating days per month:

Gross profit per day = gross profit per month / number of operating days per month

= R22,494,000 / 20

= R1,124,700

Therefore, Mr. Dladla's gross profit per day is R1,124,700.

Step-by-step explanation: