MATHEMATICAL LITERACY

GRADE 11

MORE EXERCISES

Financial Documents, tariffs, accounts, bills, rates.

  
Question 1
  
        A certain Municipality has the following rates for the consumption of household water.
        [ The consumption is determined by rounding up the reading to the next whole number of kl used.
          Thus, 7,5 kl is rounded up to 8 kl].
        VAT at 15% is added :
  
  
     From, kℓ       To, kℓ          Tariff per kℓ (R)                     From, kℓ           To, kℓ          Tariff per kℓ (R)
           0             6                  free                                   40                59              3,50
           6           19                 2,00                                   60                79              4,50
         20           39                 2,40                                   80           and more.              7,00
  
      1.1  A household consumes 18 kℓ of water.
      1.1.1  What is the tariff for this consumption?     A 1.1.1
      1.1.2  Calculate the amount payable. Show all
                 your calculations.                                        A 1.1.2
  
      1.3  An account for R235,65 is rendered for
             a consumption of 75 kℓ. Test the
             correctness of the account.
             Show all your calculations.                             A 1.3
  
      1.2  Another consumption is 38,12 kℓ.
             Calculate the amount due. Show all
             your calculations.                                    A 1.2
  
  
  
  
  
  
  
  
Question 2
        John compiles the following budget :
  
      Income          Rand                       Expenses          Rand
    Salary          16 000              House-rent           5 800
                           Food           5 250
                           Clothes           1 600
                           Motor instalment           1 760
                           Motor maintenance              940
                           Entertainment           1 600
                           Save              600
    Total                       Total         
  
      2.1  Determine John's expenses. Can he afford all his expenses?                                                        A 2.1
      2.2  Suppose that he saves nothing. Does his budget balance? What can he still do to
             balance his budget?                                                                                                                             A 2.2
      2.3  He decides to save R300. What can he do to balance his budget now?                                        A 2.3
  
  
Question 3
  
        A certain Municipality has the following rates for house-hold water consumption :
            from 0 to 20 kℓ - R1/kℓ     and     from 21 to 40 kℓ - R2 / kℓ
  
        3.1  Complete the following table :
  
  
     Consumption (kℓ)      0         10         20         21         30         40
     Cost (R)                                                   
  
      3.2  Draw a graph to represent the data.                                                                                                 A 3.2
      3.3  What is the minimum cost for consumption in the interval 21 kℓ to 40 kℓ?                                     A 3.3
      3.4  What is the maximum cost for consumption in the interval 0 kℓ to 20 kℓ?                                      A 3.4
      3.5  Explain the form of your graph of a consumption from 0 kℓ to a consumtion of 20 kℓ.                 A 3.5
      3.6  Estimate the coordinates of the point when the consumption is 12 kℓ. Mark the point D.            A 3.6
      3.7  Estimate the coordinates of the point when the consumption is 27 kℓ. Mark the point E.            A 3.7
      3.8  Now calculate the coordinates of point D.                                                                                       A 3.8
  
  
Question 4
  
          The accompnaying graph shows the cost of two
          contracts of a cellphone firm.
  
      4.1  Where and why does the graph of
              contract B begin?                                        A 4.1
      4.2  Where and why does the graph of
              contract A begin?                                        A 4.2
      4.3  Which of the two contracts have the
              greater cost per minute? Explain.              A 4.3
      4.4  Estimate the cost for both contracts
              if the time = 80 minutes.                             A 4.4
      4.5  Estimate the time if the cost of
              contract B is R121.                                     A 4.5
  
      4.6  Where do the two graphs intersect? What does this imply?                                                            A 4.6
      4.7  Calculate the cost per minute of both contracts if the cost of contract A is R250 and that
              of contract B is R275 if the time = 250 minute.                                                                                A 4.7
      4.8  Use the answers in 4.7 to test the accuracy of your estimations in 4.4 and 4.5. Show
              all the calculations.                                                                                                                             A 4.8
      4.9  When is the cost of contract B greater than that of contract A?                                                      A 4.9
      4.10  Which contract, A or B, will you recommend to a person that uses less than
                150 minutes per month? Supply reasons.                                                                                   A 4.10
  
  
Question 5
  
          The accompanying graph shows the cost of
          two contracts, P and Q, of a cell phone provider.
  
      5.1  The graph of contract P is given by the
              line ABC. Why does the first part, AB,
              not begin in the origin? What does
              this mean?                                                  A 5.1
      5.2  Describe and explain the part BC.            A 5.2
      5.3  Does the graph of contract Q
              represent an increasing relation?
              Explain.                                                       A 5.3
      5.4  Which contract, P or Q, is the cheaper
              for usage of less than 100 minutes
              per month? Explain.                                   A 5.4
      5.5  Which contract, P or Q, is the cheaper
              for usage of more than 210 minutes
              per month? Explain.                                  A 5.5
      5.6  Which contract, P or Q, has the
              lowest tariff per minute? Explain.             A 5.6
  
  
  
  
  
  
Question 6
  
          Study the following account of XYZ Municipality.
          provider.
  
      6.1  Write down the Municipality's phone
              number.                                                  A 6.1
  
      6.2  Write down the Municipality's postal
              postal address.                                      A 6.2
  
      6.3  What is the date of the account?          A 6.3
  
      6.4  Who is the addressee?                         A 6.4
  
      6.5  Why does the amount in the
              column "Payment received" have
              a negative sign?                                    A 6.5
  
      6.6  How much water has been used?        A 6.6
  
      6.7  Is the amount for water usage
              correct? Show your calculations.         A 6.7
  
      6.8  Also calculate the amount for using
              electricity. Show all
              your calculations.                                   A 6.8
  
      6.9  Calculate the amount in the last
              row marked with ###.                            A 6.9
  
      6.10  Are there any other mistakes on
              the account? Show all your
              calculations to rectify it.                       A 6.10
  
      6.11  At what parcentage is the
              annual levy added?                             A 6.11
  
  
  
  
XYZ Municipality
13 Meandering Street       P.O. Box 34      Phone : 001 968 0001
Waterloo                         Waterloo           Fax: 001 968 0002
061208                            061208
Mr. J Williams                                  Account for April 2015
P.O. Box 11                                     Date : 30/04/2015
Waterloo                                          Due date 14 / 05 / 2015
061208                                             Account number : 16169
Description Charge Amount VAT Amount
Brought forward          729,75
Payment received          -729,75
Water ## 77,30 ## 165,42
Elektricity ## ## 144,54 1 176,94
Refuse removal    50,00 7,00 57,00
Sewerage charge 53 63,60 8,90 72,50
Annual levy          373,46
Totals    ### 171,26 1 845,32
  
Meter readings Property Information
Type Previous Current Stand 0236
Water 3568 3621 Size (ha) 0,125
Elektricity 10524 11236 Value 925 000
         Annual levy 3 931,20
  
Notes :    1. Water rates :     0 kl to 6 kl - free
                                           7 kl to 29 kl - R1,10 / kl
                                         30 kl to 49 kl - R1,70 / kl
                                         50 kl and more - R4,50 / kl
                 2. Elektricity rates :   R1,45 / unit
                 3. Arrears : Interest is added at 20% p.a. on
                       overdue accounts and late payments.
  
  
Question 7
  
          Study the bank statement of a current account.
  
      7.1  Write down the date and the number
              of the statement.                                          A 7.1
  
      7.2  Why is the "Brought forward" balance
              shown with a negative sign?                        A 7.2
  
      7.3  Why are the amounts shown in the
              Debit column shown as
              negative numbers?                                     A 7.3
  
      7.4  Calculate the balance after
              AtoZ Services paid the salary. What and
              why is the sign of the Balance?                 A 7.4
  
      7.5  Calculate the Balance on 04.06.
              Explain your answer.                                  A 7.5
  
      7.6  Why is the amount shown in the
              Credit column positive?                             A 7.6
  
      7.7  Calculate the Balance on 04.18.                A 7.7
  
      7.8  Calculate the Balance on 04.30 after
              the Service fees have been added.          A 7.8
  
      7.9  Calculate the interest on the
              overdrawn account.                                    A 7.9
  
      7.10  Calculate the Closing Balance
              on 04.30                                                   A 7.10
  
  
  
  
  
  
  
  
  
  
The New Bank
P.O. Box 201         Phone: 808 908 1001    2 May 2008
Stayhere                Fax: 808 908 1002        Invoice number : 121
081908       
Mr. S. Stephens      
P.O. Box 108      
Stayhere      
081908       
Statement / Tax Invoice
VeryEasy                          Account number : 34501261
    
Details Date Debits Credits Balance
Brought forward          4,802.91−
AtoZ Services - salary 04.01    11,200.00 ##
Instament - life insurance 04.01 641.00−    ##
Instalment - insurance 04.01 387.75−    5,368.34
SafetyFirst 04.01 326.00−    5,042.34
The New Bank - instalment motor car 04.02 2,080.00−    2,962.34
TakeCare Garage 04.05 1,421.00−    1,541.34
BuyHere 04.06 3,380.54−    ##
Cash withdrawn 04.10 1,200.00−    3,039.20−
TakeCare Garage 04.12 927.00−    3,966.20−
Transfer from Account 12300075 04:18    1,500.00 ##
BuyHere 04.26 1,804.12−    4,270.32−
Service Fee 04:30 99:00−    ##
Interest - overdrawn account 04:30 ##    ##
Rates due as on April 1, 2005
     
Interest is added to overdrawn accounts at the rate of
13,5% p.a. and is compounded monthly.
    
Please check all transactions and report any differences.
  
  
Question 8
The following information for question 8 :
1.   Tax Rates for individuals :
Taxable Income Rates of Tax
       0.00 — 122 000    18% of each Rand
  122 001 — 195 000    21 960 + 25% of the amount over 122 000
  195 001 — 270 000    40 210 + 30% of the amount over 195 000
  270 001 — 380 000    62 710 + 35% of the amount more than 270 000
2.   Each tax payer receives a deductable primary rebate of R8 280.00 per year.
3.   Overtime-rates: overtime 1.5 is calculated at the rate 1,5 times normal rate.
                             overtime 2 is calculated at the rate of twice the normal rate.
  
              Study the accompanying pay-slip and
              then answer the questions that follow :
  
      8.1  Calculate Jack's earnings for
              Overtime 1.5                                               A 8.1
  
      8.2  Calculate the number of hours that
              Jack worked on Overtime 2.                      A 8.2
  
      8.3  Calculate Jack's total wages for
              the month.                                                   A 8.3
  
      8.4  Assume that Jack has this income
              every month. Calculate the
              Income Tax that he has to pay for
              the year and the monthly deduction.         A 8.4
  
      8.5  Every month Jack has to pay 1%
              of his Salary to the UIF.
              Calculate Jack's contribution.                   A 8.5
  
      8.6  What percentage of his Salary is
              deducted for Pension?                             A 8.6
  
      8.7  Calculate the total deductions.                  A 8.7
  
      8.8  Calculate Jack's net wages.                     A 8.8
  
  
  
ABC Works PAY SLIP
P.O. Box 198          Phone: 111 010 1000    
Goaway                  Fax: 111 010 1001              Date: 2009/08/30
80021          
Name : Jack Hammer Employee code : W115
Account number : 00501623 Mechanic  
   Tariff: R85,00 per hour
Description Wages Deductions
Salary 13,200.00 Tax   
Overtime 1,5 - 10 hours    UIF   
Overtime 2 765.00 Pension 198.00
      Welfare 85.25
      Trade union 165.00
      Savings plan 500.00
      BuyHere 1,516.88
Total    Total   
Monthly Income
     
Gross         
Deductions         
Net         
  
  
Question 9
              Study the cah register slip alongside :
  
      9.1  How many items were bought?                 A 9.1
  
      9.2  How many plastic carrier bags
              were bought?                                            A 9.2
  
      9.3  What is the volume of the bags?             A 9.3
  
      9.4  How many items on which VAT is
              not levied, were bought?                         A 9.4
  
      9.5  What is the value of the items
              in 9.4?                                                       A 9.5
  
      9.6  What is the value of the items
              on which VAT is levied?                           A 9.6
  
      9.7  Which packaging of eggs is
cheaper - the 18 eggs per pack
              or the 6 eggs per pack. Show all
              your calculations.                                      A 9.7
  
      9.8  What is the cost of the yellow
              peaches per kilogram?                            A 9.8
  
      9.9  What is the price ot tomatoes per
              kilogram?                                                  A 9.9
  
  
  
  
  
  
  
  
  
Cheap Store
Carrot Place
Phone : 000 010 0203
Cashier: Yolande Freeman
  
APPLES RED    17.99 #
APPLE VINEGAR 375 ml    12.79  
RAISINS CHOICE GRADE    18.90  
SWEETCORN WHOLE KERNELS        
2 @ 10.99    21.98
SWEETCORN CREAMED        
2 @ 11.99    23.98  
FRUIT JUICE BERRIES    14.99  
TUNA IN BRINE        
2 @ 15.99 31.98  
PEACHES YELLOW 0.96 KG    34.56 #
CARROTS LOOSE 0.75 KG    11.24 #
POTATOES SMALL 0.6 KG    6.00 #
TOMATOES 0.908 KG    14.53 #
EGGS LARGE 18 PACK    29.99 #
EGGS LARGE 6 PACK    9.99 #
CANOLA 1 kg    22.99   
CARRIER BAGS PLASTIC 24 ℓ         
4 @ 0.46    1.84   
TOTAL DUE   TAXABLE VAT   291.68   
TOTAL ITEMS    20   
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
VAT INCLUDED    17.93   
# VAT FREE - ZERO RATED         
  
  
  
  
  
  
  
  
  
  
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