nce 7
Nico opened a small shop in his community. He gets most of his products from a bulk store or
local farm. He adds a mark-up of 20% on the cost price to determine the selling price
1.1.1
Nico sells his oranges at R7,99 per kilogram. Determine his selling price for
3,8 kg oranges.
(2)
1.1.2 Nico buys 120 butternuts from a farmer for R720,00. What is the cost price for
one butternut?
1.1.3 Calculate the total income that Nico will receive if he sells 240 butternuts with
a 20% mark-up.
1.1.4 Nico wants to make more profit by selling his tomatoes at a higher price
because of a higher demand. Calculate the percentage increase if the original
price of tomatoes was R15,50 per kilogram and he increased the price to
R23,25 per kilogram.
(2)
(3)
Use the formula: % Increase
New Price (ad Price
Cold Price
× 100
gricultural Sciences students at Roseville College plant of rose trees with the aim of s
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