Mr Warren Heyns received his Titanium credit card statement for his account at Standard Bank, dated 9 September 2023 - NSC Mathematical Literacy - Question 2 - 2024 - Paper 1
Question 2
Mr Warren Heyns received his Titanium credit card statement for his account at Standard Bank, dated 9 September 2023.
ANNEXURE A shows an adapted statement of Mr Wa... show full transcript
Worked Solution & Example Answer:Mr Warren Heyns received his Titanium credit card statement for his account at Standard Bank, dated 9 September 2023 - NSC Mathematical Literacy - Question 2 - 2024 - Paper 1
Step 1
2.1.1 Write down the amount paid to Standard Bank by Heyns during September 2023.
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Answer
The amount paid to Standard Bank by Mr. Heyns during September 2023 is R2 000.00.
Step 2
2.1.2 Give ONE valid reason why some numbers have been omitted from the account number.
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Answer
One valid reason for the omission of some numbers from the account number is for security purposes, to protect the account from unauthorized access.
Step 3
2.1.3 Outstanding authorisations refer to purchases that must still be finalised. Show, by means of calculations, how the amount of R8 323,78 for available money to spend was determined.
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To determine the available money to spend, the initial balance was R20 000.00 and the outstanding authorisations added up to R11 676.22. Therefore, the calculation is as follows:
Available money = Initial balance - Outstanding authorisations
Available money = R20 000.00 - R11 676.22
Available money = R8 323.78
Step 4
2.1.4 The amount paid to Caltex on 12/08/2023 was for 54,1365 litres of petrol. Calculate the price per litre of petrol on that particular day.
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To find the price per litre of petrol, we divide the total amount paid by the number of litres purchased. Assume he paid R1 376.15 for petrol:
Price per litre = Total amount paid / Litres purchased
Price per litre = R1 376.15 / 54.1365
Price per litre = R25.42
Step 5
2.1.5 The purchase at the Pro Shop on 24/08/2023 was for a Rovik RV2 golf push cart at a discounted price. If a 17,5% discount was given on the price paid, calculate the original price of the Rovik RV2 golf push cart.
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Answer
If the discounted price is R999.99 after a 17.5% discount, let the original price be X. We use the formula:
Discounted Price = Original Price × (1 - Discount Percentage)
R999.99 = X × (1 - 0.175)
R999.99 = X × 0.825
Solving for X, we get:
X = R999.99 / 0.825
X ≈ R1 212.12