Term 2 - 2024
Paper 1
Total:150 points Time:2 hours
Learner's name: _________________________________ Gr. 12: __________.
Instructions and information:
This paper consists of two questions, answer both questions.
The use of a calculator is not permitted.
No tip – Ex may not be used.
Show all the steps needed to arrive at the answer.
Strength!!
Topics per question:
Question Topic Total
1 Data handling 25
2 Taxation 27
3 Data Handling 26
and Tariff System
4 Probability 18
5 Exchange rates 18
6 Loans 11
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Grade 12 June Paper 1
,Question 1:
1. The month-to-month inflation of food prices in Gauteng, as provided by Static South
Africa, is shown below:
Januar Feb Mr April May June July Augus Septembe Oct Nov Dec
y t r
0.2% 0.15% 0.4 0.1% 0.18 0.3% 0.2% 0.3% 0.21% 0.12% 0.3% 0.2%
% %
1.1.1 Describe the term inflation. (2)
1.1.2 Rank the inflation per month from least to greatest. (2)
1.1.3 Determine the median of the data. (2)
1.1.4 Determine the inflation for the year. (2)
1.1.5 Determine the 5 number summary of the data above. (5)
1.1.6 Draw a Mouth – and – Mustache diagram of the above data. (3)
1.1.7 Is the data skewed with links skewed to the right? (2)
1. Johan, a Gr.12 learner from Pretoria in Gauteng claims that the cost of living can be
2 worked out by evaluating their prices. He specifically looks at groceries that are
bought and rounds the price of each item to the nearest Rand. Below is a list of the
prices of the items, given in Rand.
15; 25; 31; 35; 35; 35; 45; 60; 65; 74; 80; 80; 80; 92; 100; 102
1.2.1 Draw a stem-and-leaf diagram to represent the above data (4)
1.2.2 Which measure of central tendency would give a better (3)
representation for the above data, the mean or the median? [25]
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Grade 12 June Paper 1
, Question 2:
Marius is a 40-year-old accountant who lives in Cape Town. He earns a
monthly Gross salary of R47 540. He, his wife and their little daughter are
on his medical aid. He makes a monthly 7.5% contribution to his pension
fund and his employee also contributes 7.5% + the mandatory WVF they
must contribute.
2.1.1 Calculate Marius' annual income. (2)
2.1.2 Calculate Marius' employees such as their total contribution to
his extra benefits, WVF etc. (4)
2.1.3 What does the term WVF stand for? (2)
2. Every person who earns a monthly income must declare this to SARS.
2 Use Appendix A to answer the following questions:
2.2.1 What effect do tax credits and medical credits have on a
person's income tax? (2)
2.2.2 What are Marius' annual medical credits and tax credit? (4)
2.2.3 What is Marius' annual pension contribution? (3)
2.2.4 What is Marius' annual taxable income? (4)
2.2.5 Calculate Marius's monthly tax payable. (6)
[27]
Question 3
3. Below is the daily rainfall in mm for Gauten over a certain period:
1
15; 87; 50; 45; 33; 40; 42; 55; 60; 90; 120; 100; 98; 87
3.1.1 Identify the outlier in the above data and also say what the term
outlier means. (3)
3.1.2 Calculate the median of the data. (2)
3.1.3 Calculate the average rainfall per day. (3)
3.1.4 What is the probability that it will rain more than 60mm on the
days it does rain? (2)
3.1.5 Calculate the extent of rainfall (in mm). (2)
3|Page www.summariessa.co.za Math Literacy
Grade 12 June Paper 1