QUESTION 2
Tau runs business of selling stationery from a small rented room in town from Monday
to Saturdays. He keeps a careful record of his expenses.
Week
2
Assistant Wages R450 R450
Rental
R1200 R1200
Electricity and Water R65,75 R75,50
Stationery
R3 478,00 R3 512,00
Telephone R180,00 R215,00
Municipal Services R61,30 R61,30
Other expenses
R112,00 R135,00
Total Expenses B
R5648,80
3
R450
R1200
R75,50
A
R370,00
R61,30
R142,00
R6083,80
4
R450
R1200
R83,45
R4328,00
R475.00
R61,30
R176 15
R
(4)
2.1
Calculate the missing values A and B.
Calculate the average expense per working day on telephone calls for the 4 weeks.
(4)
2.2
The profit in Week 3 was R4 645. Calculate the income in Week 3.
2.3
(4)
2.4
Calculate the profit margin to the nearest percentage for Wock 3.
Use the formula:
Income-Expenses
Profit margin-
X 100%
Expenses
2)
1181
Calculate the income in week 4 at breakeven point.
2.5