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QUESTION 4 [36 MARKS]

Macashisa earns R2500 per month. He buys duvet sets at the Oriental Plaza in Durban. A taxi from Pinetown to Durban costs R36 per single trip. He buys the duvet sets at R180 each and sells them at R350. Macashisa's wife, Sthobile, works at the shop and receives a salary of R3200 per month. Macashisa saves R3000 per month.

Table 1: Macashisa's expenses for the month of May 2023
\begin{tabular}{|c|c|}
\hline Item Description & Expenses \\
\hline Rent & A \\
\hline Transport (Return trip) & B \\
\hline Cost price of 50 duvet sets & C \\
\hline Sthobile's salary & [tex]$D$[/tex] \\
\hline Total Expenses & E \\
\hline
\end{tabular}
(10)

4.1.1 Calculate the missing values of A, B, C, D, and E.



Answer :

GinnyAnswer
Sure! Let's break down the expenses and calculate the missing values step by step.

Table: Macashioa's expenses for the month of May 2023

| Item Description | Expenses |
|--------------------------|-----------|
| Rent | A |
| Transport (Return trip) | B |
| Cost price of 50 duvet sets | C |
| Sthobile's salary | D |
| Total Expenses | E |

1. Rent (A):
- Given: The rent is R2500 per month.
- Calculation: No calculation needed.
- Value: A = R2500

2. Transport (Return trip) (B):
- Given: A single trip from Pinetown to Durban costs R36.
- Trips per month: Assuming a return trip (to and from) every day for 30 days, there are 2 trips per day.
- Calculation: Number of trips per month = 2 trips/day 30 days = 60 trips.
- Total transport cost: 60 trips R36 per trip = R2160.
- Value: B = R2160

3. Cost price of 50 duvet sets (C):
- Given: Each duvet set costs R180.
- Number of duvet sets: 50
- Calculation: 50 duvet sets * R180 per duvet set = R9000.
- Value: C = R9000

4. Sthobile's salary (D):
- Given: Sthobile's monthly salary is R3200.
- Calculation: No calculation needed.
- Value: D = R3200

5. Total Expenses (E):
- Total expenses are the sum of all individual expenses:
- Rent (A): R2500
- Transport (B): R2160
- Cost price of duvet sets (C): R9000
- Sthobile's salary (D): R3200
- Calculation: R2500 + R2160 + R9000 + R3200 = R16860.
- Value: E = R16860

So the completed table with the calculated expenses is:

| Item Description | Expenses |
|--------------------------|-----------|
| Rent | R2500 |
| Transport (Return trip) | R2160 |
| Cost price of 50 duvet sets | R9000 |
| Sthobile's salary | R3200 |
| Total Expenses | R16860 |

These are the calculated values for A, B, C, D, and E.