100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Exam (elaborations)

Grade 12 Mathematical Literacy (MATH LIT) March Paper and Memo - 2024

Rating
-
Sold
-
Pages
7
Grade
A+
Uploaded on
06-02-2024
Written in
2023/2024

Grade 12 Math Literacy March Paper and Memo: Total:  75 Marks. Contents of the exam paper contains the following details: Finance | Data handling | Probability This is a practice paper with memorandum meant to test the student's knowledge, and will not be the same paper written for the exam. THE SMI

Show more Read less
Institution
12th Grade









Whoops! We can’t load your doc right now. Try again or contact support.

Written for

Document information

Uploaded on
February 6, 2024
Number of pages
7
Written in
2023/2024
Type
Exam (elaborations)
Contains
Questions & answers

Content preview

GRADE 12 MATHEMATICAL LITERACY MARCH TEST

QUESTION 1
Jane calculated her total tax paid for the previous year.
It came down to the following:
P.A.Y.E (Income Tax) R54215,00
Estimated VAT on groceries R 5454,20

1.1 What is income tax? (2)

1.2 What does VAT stand for? (2)

She further determined that she received tax rebates to the value of R8432,80.

1.3 What is a tax rebate? (2)

1.4 Give an example of an expense which can lead to a tax rebate. (2)

1.5 Calculate the actual amount Jane paid for tax. (2)
[10]


QUESTION 2
Use the tariff system below to answer the questions that follow:




2.1 What is a tariff system? (2)

2.2 Determine the cost (in rands) of one unit in the 101 to 400 kWh category. (2)

2.3 The Schmidt family used 413 units for February, calculate their expected cost. (5)

2.4 How many units (kWh) will you receive for a R1000,00? (5)

1|Page www.summariessa.co.za Math Literacy
Grade 12 March Paper

, 2.5 Suggest ONE way in which the Schmidt family can save on their electricity bill. (2)
[16]


QUESTION 3
3.1 Tony needs to buy a laptop for school. He is looking at the following options:

Option 1 Option 2 Option 3
Cash: R9999,99 Hire Purchase: Hire Purchase:
R354pm for 24 months with R202pm for 36 months with
R2000 deposit R2500 deposit

3.1.1 Define hire-purchase. (2)

3.1.2 Determine the total amount paid with Option 2. (2)

3.1.3 Which option would be the cheapest? (2)

3.2 In order to make money to fund his laptop, Tony decides to give swimming lessons in his
neighbours’ pool. His neighbour charges him R550 per month for using his pool. His other
variable expenses add up to around R150 per month. Tony breaks even if he has seven
swimming lessons per month.

3.2.1 Determine how much he charges per swimming lesson. (2)

3.2.2 Present the given information on a break-even analysis graph.
Include the following:
Fixed & variable expenses, income, break-even coordinates, axes labels. (7)

3.3 Tony buys food and a cooldrink at the school tuck shop. His options are:
Burger Coke
Toasted Sandwich Fanta
Hotdog

3.3.1 Present all the possible outcomes by means of a tree diagram. (3)

3.3.2 What are the chances that he buys a hotdog and a coke? (3)

3.3.3 What are the chances that he buys a burger or a fanta? (3)
[24]




2|Page www.summariessa.co.za Math Literacy
Grade 12 March Paper

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
SummariesSA Summaries SA
View profile
Follow You need to be logged in order to follow users or courses
Sold
546
Member since
2 year
Number of followers
193
Documents
669
Last sold
2 weeks ago

4,5

66 reviews

5
44
4
11
3
8
2
3
1
0

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their exams and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can immediately select a different document that better matches what you need.

Pay how you prefer, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card or EFT and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions