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GR 10 Assignment August
GR 10 Assignment August
GR 10 Assignment August
GRADE 10
MATHEMATICAL LITERACY
TERM 3
ASSIGNMENT
23-25 AUGUST 2023
TOTAL: 50
2. Number the answers correctly according to the numbering system as used in this paper.
5. Round ALL final answers appropriately according to the given context, unless otherwise
noted.
QUESTION 1
You learned how to draw up a budget this term and that it is very important to use such a
budget so that you can check your finances. Your parents ask you to help them draw up a
budget for all your household income and expenses. Your household consists of four
people.
1.1 Classify the following items and write whether they are a fixed, variable or
occasional income or expense.
1.1.1 Rental
1.1.2 Dad's net salary
1.1.3 Groceries
1.1.4 Clothing accounts
1.1.5 Medicine purchases (5)
1.2.1 Complete the Income and expense statement. Draw the table in your answer
sheet.
1.2.3 The parents have a saving plan of R500 monthly for 2 years.
Calculate the total amount of savings after 2 years. (3)
[25]
Mathematical Literacy/ASSIGNMENT 4 NW/August 2023
N.S.C –Grade 10
QUESTION 2
Mr Mabaso decides to sell one of his vehicles and purchase a motorcycle instead
so that he can save money monthly.
2.1 He bought the car for R180 000 and sold it for R95 000 six years later.
Calculate Mr. Mabaso's percentage loss on the transaction.
(Round off to the nearest whole number.) (3)
2.2 Mr Mabaso bought a second-hand motorbike for R62 500 and decided to invest
1
the rest of the money and surprise his family with a holiday at the sea in 1
2
years.
He invests the money at 7.5% simple interest per month. The holiday will cost
him R55 000 for the whole family. Will Mr Mabaso have enough money after
1
the 12 years? (6)
2.3 Silvia is a slaughter house manager and earns R225 000 a year
2.3.1 Write in words the amount she earns per year. (2)
2.3.3 Silvia will receive a 15% increase on her annual salary. Her friend claims that the
6
15% increase is the same as 40 from her anual salary.
2.4 Elzaan and Victor inherited R 20 000 from their mother's pension fund.
They invested R 10 250 at 12.5% simple interest per annum.
They then divided the remaining amount into a ratio of 2:3, respectively.
2.4.1 How much money was left after investing R 10 250? (2)
[25]
TOTAL 50