R42, 38
Activity
16 Taku cat
deductions. He budgets every month as follows:
Mr Khulu, a father of three children, earns a net salary of R18 350 per month after
TABLE 2: Mr Khulu's budget for December
MONTHLY INCOME
MONTHLY EXPENDITURE
Salary after deductions
Housing subsidy
R17 800
Bond repayment
R4 100
R
550
Municipal rates
R 475
Water and refuse account
R 325
Electricity
R 380
Food
R2 750
Car instalment
R1 650
Petrol
R1 800
Entertainment
R1 300
School fees
R 940
Clothes and cellphones
(12% of the total monthly
income)
(A)
TOTAL
R18 350 TOTAL
(B)
30
3.2.1Name ONE fixed expense.
(2)
3.2.2Mr Khulu calculated that the value of A is R2 202.
Show how Mr Khulu calculated A, the amount of money he anticipates
spending on clothes and cellphones in December.
(2)
3.2.3Calculate the total expenditure (B).
3.2.4How much money does Mr Khulu have left after paying all his expenses?
(2)