Paper 2 · Consumer Arithmetic
A piece of fleece material costs R20 in South Africa and Chido sells each piece at 2.50, calculate the exchange rate between the dollar and the rand. [2] (b) Chido bought 20 pieces of fleece in South Africa and incurred 12, calculate her net profit from the sale of 20 gowns. [3] (d) On another occasion, Chido buys the materials in Zimbabwe at $5 a piece and makes 20 gowns. Calculate the profit she will make without travelling to South Africa. [2] (e) If she settles on making gowns, find the difference in the profits realised. [2]
Model answer
(a) 20; (c) 140; (e) $20
Also accepted: (a) 1 : 8 (b) 20 (c) 160 (d) 140 (e) 20, $1 to R8, 20, 160, 140, 20, 8, 20, 160, 140, 20, 20; 140; $20
ZIMSEC Mathematics 4028/2, June 2013, Q7, via the Topical Collection