QUESTION 3 3 3.1 In January 2021 Siphiwo worked for a factory. His nett monthly salary was R17 100,50. Use this information to complete his monthly budget: According to market researchers, people in Siphiwo income typically spent their money as shown below: * 26,5% on food R12 000,00 on 18,9% on. clothing and footwear yearly à housing and electricity R700,00 on transport monthly * 4% on medical and dental expenses 6,5% on insurance and investments funds 3,7% on personal care R660,00 on communication monthly 4,4% on savings 5% on other things NOTE: Answer on the answer sheet provided at the end of this question paper! QUESTION 4 Study the till slip and answer FABIA'S SUPERM 56 Dove Aven King Willia Tel Nr: ( Last d # INCOME: Salary R 17 100,50 Total income 3.1.1 R (1) EXPENSES: Food 3.1.2 Clothing and footwear 3.1.3 Housing and electricity Transport Medical and dental expenses 3.1.4 Insurance and investments funds 3.1.5 RRRRRR (1) (1) R 3 232,00 R 700,00 (1) (1) Personal care R 632,72 Communication 3.1.6 R (1) Savings Other things 3.1.7 TOTAL EXPENSES 3.1.8 INCOME EXPENSES 3.1.9 RRRR R 752,42 rac (1) (1) (1) SURPLUS/DEFICIT 3.1.10 (1) (Please indicate) [10] Page 4 of 8
QUESTION 3 3 3.1 In January 2021 Siphiwo worked for a factory. His nett monthly salary was R17 100,50. Use this information to complete his monthly budget: According to market researchers, people in Siphiwo income typically spent their money as shown below: * 26,5% on food R12 000,00 on 18,9% on. clothing and footwear yearly à housing and electricity R700,00 on transport monthly * 4% on medical and dental expenses 6,5% on insurance and investments funds 3,7% on personal care R660,00 on communication monthly 4,4% on savings 5% on other things NOTE: Answer on the answer sheet provided at the end of this question paper! QUESTION 4 Study the till slip and answer FABIA'S SUPERM 56 Dove Aven King Willia Tel Nr: ( Last d # INCOME: Salary R 17 100,50 Total income 3.1.1 R (1) EXPENSES: Food 3.1.2 Clothing and footwear 3.1.3 Housing and electricity Transport Medical and dental expenses 3.1.4 Insurance and investments funds 3.1.5 RRRRRR (1) (1) R 3 232,00 R 700,00 (1) (1) Personal care R 632,72 Communication 3.1.6 R (1) Savings Other things 3.1.7 TOTAL EXPENSES 3.1.8 INCOME EXPENSES 3.1.9 RRRR R 752,42 rac (1) (1) (1) SURPLUS/DEFICIT 3.1.10 (1) (Please indicate) [10] Page 4 of 8
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
Total income
![QUESTION 3
3
3.1
In January 2021 Siphiwo worked for a factory. His nett monthly salary
was R17 100,50.
Use this information to complete his monthly budget:
According to market researchers, people in Siphiwo income typically spent
their money as shown below:
* 26,5% on food
R12 000,00 on
18,9% on.
clothing and footwear yearly
à housing and electricity
R700,00 on transport monthly
* 4% on medical and dental expenses
6,5% on insurance and investments funds
3,7% on personal care
R660,00 on communication monthly
4,4% on savings
5% on other things
NOTE: Answer on the answer sheet provided at the end of this
question paper!
QUESTION 4
Study the till slip and answer
FABIA'S SUPERM
56 Dove Aven
King Willia
Tel Nr: (
Last d
#
INCOME:
Salary
R 17 100,50
Total income
3.1.1
R
(1)
EXPENSES:
Food
3.1.2
Clothing and footwear
3.1.3
Housing and electricity
Transport
Medical and dental expenses
3.1.4
Insurance and investments funds
3.1.5
RRRRRR
(1)
(1)
R 3 232,00
R 700,00
(1)
(1)
Personal care
R 632,72
Communication
3.1.6
R
(1)
Savings
Other things
3.1.7
TOTAL EXPENSES
3.1.8
INCOME EXPENSES
3.1.9
RRRR
R 752,42
rac
(1)
(1)
(1)
SURPLUS/DEFICIT
3.1.10
(1)
(Please indicate)
[10]
Page 4 of 8](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb9dbced7-be40-4294-b928-30573ab6c1a2%2Fdc6e1e48-08b7-47be-b386-fa64b129e5c5%2Fs0owygf_processed.jpeg&w=3840&q=75)
Transcribed Image Text:QUESTION 3
3
3.1
In January 2021 Siphiwo worked for a factory. His nett monthly salary
was R17 100,50.
Use this information to complete his monthly budget:
According to market researchers, people in Siphiwo income typically spent
their money as shown below:
* 26,5% on food
R12 000,00 on
18,9% on.
clothing and footwear yearly
à housing and electricity
R700,00 on transport monthly
* 4% on medical and dental expenses
6,5% on insurance and investments funds
3,7% on personal care
R660,00 on communication monthly
4,4% on savings
5% on other things
NOTE: Answer on the answer sheet provided at the end of this
question paper!
QUESTION 4
Study the till slip and answer
FABIA'S SUPERM
56 Dove Aven
King Willia
Tel Nr: (
Last d
#
INCOME:
Salary
R 17 100,50
Total income
3.1.1
R
(1)
EXPENSES:
Food
3.1.2
Clothing and footwear
3.1.3
Housing and electricity
Transport
Medical and dental expenses
3.1.4
Insurance and investments funds
3.1.5
RRRRRR
(1)
(1)
R 3 232,00
R 700,00
(1)
(1)
Personal care
R 632,72
Communication
3.1.6
R
(1)
Savings
Other things
3.1.7
TOTAL EXPENSES
3.1.8
INCOME EXPENSES
3.1.9
RRRR
R 752,42
rac
(1)
(1)
(1)
SURPLUS/DEFICIT
3.1.10
(1)
(Please indicate)
[10]
Page 4 of 8
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