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Mathematics

Percentages

Educator section

Memorandum

MODULE TEST 6

1. a) 5% b) 12%

  1. 73, 3 . size 12{ {3} cSup { size 8{ "." } } } {} %

2. a) 2 25 size 12{ { { size 8{2} } over { size 8{"25"} } } } {} b) 9 20 size 12{ { { size 8{9} } over { size 8{"20"} } } } {}

3. 0,5; 1 4 size 12{ { { size 8{1} } over { size 8{4} } } } {} ; 1 5 size 12{ { { size 8{1} } over { size 8{5} } } } {} ; 15%

4. a) R70

  1. R58,50

5. 42%

6. R297,50

7. R36,29 (ronded off)

8. 20%

9. DISCOUNT X 100

MARK PRICE 1

Leaner section

Content

Activity: research task and module test [lo 1.5, lo 2.6, lo 5.9]

25. A bigger challenge!

Do the following as a separate research task. Use your own paper, or folio supplied by your educator. Remember to work neatly!

a) You are going to start a business – open a shop. Decide on your own what kind of shop it will be.

b) Do market research and supply a list of items that you will buy for your shop. (choose only five) Give each item a realistic cost price.

c) Now add 14 % VAT to each item and list it in a table, e.g.:

Item Cost Price With VAT

d) Decide what you will sell each item for. Give a clear explanation of your cost price and selling price by means of a line graph. (Hint : use different colours)

e) Calculate how much % profit you will make on each item, e.g.

Item % Profit

f) Design an advertisement that will announce the opening of your new shop.

g) Now work out a monthly budget for your shop – how much money you need to let everything go smoothly. (Hint : think about water and lights, telephone, employees, etc.)

MODULE 6 TEST

1. Write the following as percentage (%):

a) 0,05 : ......................... b) 3 25 size 12{ { { size 8{3} } over { size 8{"25"} } } } {} : ......................... (2)

c) 11 15 size 12{ { { size 8{"11"} } over { size 8{"15"} } } } {} : ......................... (2)

2. Convert to a common fraction and simplify:

a) 8% : ......................... b) 45% : .........................

......................... ......................... (4)

3. Rearrange from big to small:

1 5 size 12{ { { size 8{1} } over { size 8{5} } } } {} ; 15% ; 0,5 ; 1 4 size 12{ { { size 8{1} } over { size 8{4} } } } {}

(2)

4. Calculate:

a) 20% of R350

(2)

b) 12 1 2 size 12{ { { size 8{1} } over { size 8{2} } } } {} % of R468

(2)

5. What % is 840 g of 2 kg?

(4)

6. I get 15 % discount on a pair of shoes that are marked at R350. How much must I pay for the shoes?

(4)

7. The price of cheese is R32,99 / kg at present. It will increase by 10 % shortly. What is the new price / kg going to be?

(4)

8. A furniture dealer buys a lounge suite for R12 000 and sells it for R15 000. What % profit does he make?

(2)

9. Write down the formula for % discount.

(2)

Assessment

Learning Outcome 1: The learner will be able to recognise, describe and represent numbers and their relationships, and to count, estimate, calculate and check with competence and confidence in solving problems.

Assessment Standard 1.5: We know this when the learner solves problems in context including contexts that may be used to build awareness of other Learning Areas, as well as human rights, social, economic and environmental issues;

Learning Outcome 2: The learner will be able to recognise, describe and represent patterns and relationships, as well as to solve problems using algebraic language and skills.

Assessment Standard 2.6: We know this when the learner describes a situation by interpreting a graph of the situation, or draws a graph from a description of a situation (e.g. height of a roller-coaster car over time; the speed of a racing car going around a track);

Learning Outcome 5: The learner will be able to collect, summarise, display and critically analyse data in order to draw conclusions and make predictions, and to interpret and determine chance variation.

Assessment Standard 5.9: We know this when the learner critically reads and interprets data presented in a variety of ways to draw conclusions and make predictions.

Questions & Answers

differentiate between demand and supply giving examples
Lambiv Reply
differentiated between demand and supply using examples
Lambiv
what is labour ?
Lambiv
how will I do?
Venny Reply
how is the graph works?I don't fully understand
Rezat Reply
information
Eliyee
devaluation
Eliyee
t
WARKISA
hi guys good evening to all
Lambiv
multiple choice question
Aster Reply
appreciation
Eliyee
explain perfect market
Lindiwe Reply
In economics, a perfect market refers to a theoretical construct where all participants have perfect information, goods are homogenous, there are no barriers to entry or exit, and prices are determined solely by supply and demand. It's an idealized model used for analysis,
Ezea
What is ceteris paribus?
Shukri Reply
other things being equal
AI-Robot
When MP₁ becomes negative, TP start to decline. Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 • Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of lab
Kelo
Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 • Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of labour (APL) and marginal product of labour (MPL)
Kelo
yes,thank you
Shukri
Can I ask you other question?
Shukri
what is monopoly mean?
Habtamu Reply
What is different between quantity demand and demand?
Shukri Reply
Quantity demanded refers to the specific amount of a good or service that consumers are willing and able to purchase at a give price and within a specific time period. Demand, on the other hand, is a broader concept that encompasses the entire relationship between price and quantity demanded
Ezea
ok
Shukri
how do you save a country economic situation when it's falling apart
Lilia Reply
what is the difference between economic growth and development
Fiker Reply
Economic growth as an increase in the production and consumption of goods and services within an economy.but Economic development as a broader concept that encompasses not only economic growth but also social & human well being.
Shukri
production function means
Jabir
What do you think is more important to focus on when considering inequality ?
Abdisa Reply
any question about economics?
Awais Reply
sir...I just want to ask one question... Define the term contract curve? if you are free please help me to find this answer 🙏
Asui
it is a curve that we get after connecting the pareto optimal combinations of two consumers after their mutually beneficial trade offs
Awais
thank you so much 👍 sir
Asui
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities, where neither p
Cornelius
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities,
Cornelius
Suppose a consumer consuming two commodities X and Y has The following utility function u=X0.4 Y0.6. If the price of the X and Y are 2 and 3 respectively and income Constraint is birr 50. A,Calculate quantities of x and y which maximize utility. B,Calculate value of Lagrange multiplier. C,Calculate quantities of X and Y consumed with a given price. D,alculate optimum level of output .
Feyisa Reply
Answer
Feyisa
c
Jabir
the market for lemon has 10 potential consumers, each having an individual demand curve p=101-10Qi, where p is price in dollar's per cup and Qi is the number of cups demanded per week by the i th consumer.Find the market demand curve using algebra. Draw an individual demand curve and the market dema
Gsbwnw Reply
suppose the production function is given by ( L, K)=L¼K¾.assuming capital is fixed find APL and MPL. consider the following short run production function:Q=6L²-0.4L³ a) find the value of L that maximizes output b)find the value of L that maximizes marginal product
Abdureman
types of unemployment
Yomi Reply
What is the difference between perfect competition and monopolistic competition?
Mohammed
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Source:  OpenStax, Mathematics grade 7. OpenStax CNX. Sep 16, 2009 Download for free at http://cnx.org/content/col11075/1.1
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