Photo AI

1.1 Mrs May is a single mother who is an educator earning R336 000 per annum - NSC Mathematical Literacy - Question 1 - 2017 - Paper 2

Question icon

Question 1

1.1-Mrs-May-is-a-single-mother-who-is-an-educator-earning-R336-000-per-annum-NSC Mathematical Literacy-Question 1-2017-Paper 2.png

1.1 Mrs May is a single mother who is an educator earning R336 000 per annum. She has two children, a 19-year-old boy who is at university and a 24-year-old girl who... show full transcript

Worked Solution & Example Answer:1.1 Mrs May is a single mother who is an educator earning R336 000 per annum - NSC Mathematical Literacy - Question 1 - 2017 - Paper 2

Step 1

1.1.1 Identify the salary row to which Mrs May belongs for both medical aid options.

96%

114 rated

Answer

Mrs May belongs to the salary row that corresponds to an annual income of R336 000 for both medical aid options. For Emerald, the contribution amount is R19 089. For Onyx, the amount is R23 551.

Step 2

1.1.2 Calculate the difference in contribution for the whole family between the two medical aid options for a month.

99%

104 rated

Answer

To find the monthly contribution for both options:

  • Emerald:
    • Family total: R2 427 + R1 761 + R914 = R5 102
  • Onyx:
    • Family total: R3 587 + R2 362 + R1 149 = R7 098
      Difference: R7 098 - R5 102 = R1 946.

Step 3

1.1.3 If she chooses Emerald and R2 530 is deducted from her salary, calculate the percentage that the government subsidises her for medical aid. Round your answer to one decimal place.

96%

101 rated

Answer

The government subsidy can be calculated as follows:
Subsidy = Contribution (Emerald) - Amount deducted from salary = R5 102 - R2 530 = R2 572.
Percentage subsidised = (Subsidy / Contribution) * 100
= (R2 572 / R5 102) * 100 ≈ 50.4%. Rounded to one decimal place, this is 50.4%.

Step 4

1.1.4 The medical aid scheme has a fitness exercise programme. What is the importance of such a fitness programme?

98%

120 rated

Answer

Fitness programmes are important as they promote healthy lifestyles among members, which can lead to reduced medical costs in the long run. They encourage physical activity, help manage weight, improve mental well-being, and can reduce the risk of chronic diseases.

Join the NSC students using SimpleStudy...

97% of Students

Report Improved Results

98% of Students

Recommend to friends

100,000+

Students Supported

1 Million+

Questions answered

;