Themba is in grade 11. He wants to start saving some money towards buying a laptop...

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Themba is in grade 11. He wants to start saving some money towards buying a laptop retailing for R3 500,00. Themba lives in an informal settlement not far from a taxi rank and has come up with some business ideas. 3.3 He has identified that a wholesaler in town sells Mayo yoghurt in large boxes for R250,00. He plans to sell the Mayos at the taxi rank after school. He intends to charge R4,50 per Mayo. To start his business venture, he asks for a R600 loan from his mother. He intends paying it back in 3 months, once his business has taken off. 3.1.1 Themba buys 2 boxes of Mayos. On opening the boxes, he finds that an average of 2 are damaged in each box. How many Mayos, altogether are good enough to sell? 3.1.2 What are his total expenses if he spends R15,00 on transport to go and buy the stock? (2) 3.1.3 How much profit will he make from his first purchase? (3) 3.2 Themba works out that he can sell 10 boxes of Mayo per week, Monday to Saturday. 3.2.1 How many Mayos does he sell per week? 3.2.2 Determine how much he will make from his weekly sales? 3.2.3 What does his weekly expenses, including transport amount to? 3.2.4 Calculate his weekly profit. (2) After 2 months, Themba finds that he can now afford to pay his mother back the money he owes her. He decides to include 15% extra on the R600,00 as interest. 3.3.1 Calculate the total amount that Themba will pay his mother. (2) N (3) [19 Themba is in grade 11. He wants to start saving some money towards buying a laptop retailing for R3 500,00. Themba lives in an informal settlement not far from a taxi rank and has come up with some business ideas. 3.3 He has identified that a wholesaler in town sells Mayo yoghurt in large boxes for R250,00. He plans to sell the Mayos at the taxi rank after school. He intends to charge R4,50 per Mayo. To start his business venture, he asks for a R600 loan from his mother. He intends paying it back in 3 months, once his business has taken off. 3.1.1 Themba buys 2 boxes of Mayos. On opening the boxes, he finds that an average of 2 are damaged in each box. How many Mayos, altogether are good enough to sell? 3.1.2 What are his total expenses if he spends R15,00 on transport to go and buy the stock? (2) 3.1.3 How much profit will he make from his first purchase? (3) 3.2 Themba works out that he can sell 10 boxes of Mayo per week, Monday to Saturday. 3.2.1 How many Mayos does he sell per week? 3.2.2 Determine how much he will make from his weekly sales? 3.2.3 What does his weekly expenses, including transport amount to? 3.2.4 Calculate his weekly profit. (2) After 2 months, Themba finds that he can now afford to pay his mother back the money he owes her. He decides to include 15% extra on the R600,00 as interest. 3.3.1 Calculate the total amount that Themba will pay his mother. (2) N (3) [19

Answer rating: 100% (QA)

311 There are 24Mayos altogether that are good enough to sell as each box contains 12Mayos and two Mayos were damaged in each box 312 What are his tot... View the full answer