Time: 1 hour
Marks: 52
Grade: 10
Subject: Math Literacy
Question paper: Term Test 2
Name and Surname:
Instructions and Information
• Answer all questions.
• Write neatly and legibly.
• Use your calculator where necessary.
• Show all workings and write complete answers.
• Round off where indicated.
• A non-programmable calculator is allowed.
• Duration: 1 hour, Total: 50 marks.
Main Topics of the Test
• Tax and VAT (Value-Added Tax)
• Income and expenses
• Budgeting and savings goals
• Ratios and percentage calculations
• Scales and map/plan representations
• Perimeter and area of shapes (quadrilateral, triangle)
• Geometry and cost estimations
• Simple interest and credit payments
Pg 1/ 6 www.summariessa.co.za Author: CHR SMI
Grade: 10 Subject: Math Lit P2 Date: SEPTEMBER 2025
, QUESTION 1
1.1 Choose the correct option for each of the following multiple-choice questions.
Only one option is correct.
1.1.1 What does VAT stand for?
A. Value Allocation Tax
B. Verified Annual Tax
C. Value-Added Tax
D. Valid Asset Tariff
1.1.2 What is the current VAT percentage in South Africa?
A. 12%
B. 14%
C. 15%
D. 17%
1.1.3 Which of the following is an example of an accidental income?
A. Monthly salary
B. Rental income
C. Inheritance
D. Electricity bill
1.1.4. What does a scale of 1:250 mean?
A. 1 cm on the plan represents 250 mm in real life
B. 1 cm on the plan represents 250 cm in real life
C. 250 cm on the plan represents 1 cm in real life
D. 1 m on the plan represents 250 m in real life
1.1.5 Which term best describes money spent regularly for electricity and
rent?
A. Fixed expenses
B. Variable expenses
C. Irregular income
D. Capital gain
(5 x 1)(5)
Pg 2/ 6 www.summariessa.co.za Author: CHR SMI
Grade: 10 Subject: Math Lit P2 Date: SEPTEMBER 2025