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Grade 9


Module 5

Money matters

Money matters


  • Few people don’t deal with money practically every day. We will look at a few important financial principles.

1 Someone who starts a business, does it so that he can earn money for buying food, paying his water and power accounts, and paying for his other needs. Making money out of a business means that you have to get more money in from the business than you pay out to keep the business running. So, he makes a profit when his income is bigger than his expenses . If the expenses are more than the income, then he shows a loss . Another way of putting it is to look at gross income and net income . Gross income is the same as income above, namely all the money the business receives. Net income is what is left after you have subtracted expenses from the income. When income is more than expenses, net income is positive (a profit), but when income is less than expenses, net income is negative – i.e. a loss.

1.1 Calculate the profit or loss of the following businesses:

1.1.1 Income: R 36 000, R1 250 and R9 500; Expenses: R49 000

1.1.2 Expenses: R120 560; R15 030 and R55 250; Expenses: R85 000; R95 000 and R63 550

1.1.3 Patsy sells dried fruit and sweets from her stall in a large shopping centre. In March she paid R150 for the stall and R850 for the floor area in the centre. She sold dried fruit to the value of R1 500. In March she paid R250 to an assistant who relieves her two afternoons. She also made R2 840 on the sweets she sold in March. In April her expenses for renting the stall stayed the same, but she had to pay R50 more for the floor space. Her purchases of dried fruit and sweets during March and April cost her a total of R5 500. Her assistant earned R280 in April. Patsy’s phone account came to R860 for March and April. In April she sold dried fruit to the value of R1 370 and sweets for R2 550. Her packaging material for the two months came to R420. Did Patsy show a profit, or a loss for these two months? Show your calculations neatly.

2 All families have certain expenses that have to be paid. To do this, there must be an income – someone has to have a profitable business, or a job for which he or she receives a wage or a salary. To ensure that the important expenses are covered, most families budget . It is very easy. At the start of the month, you write down all the expected expenses for that month in order of importance. If all the critical expenses are less than the expected income for the month, then you have to decide what could be done with the rest: will a part of it be saved, or will all of it be spent? In this way you can avoid spending all your money on movies and parties, leaving nothing for the phone account! For example, the Jacobs family are expecting the following monthly expenses: R160 for municipal services, R240 for the telephone, R2 800 for groceries, R1 300 for a bond payment, R650 for the hire purchase payment on their car, R250 pocket money for the children, R150 school fees, R340 for petrol and R200 to save for a holiday. Mr and Mrs Jacobs together earn R8 200 per month.

Questions & Answers

so some one know about replacing silicon atom with phosphorous in semiconductors device?
s. Reply
how to fabricate graphene ink ?
for screen printed electrodes ?
What is lattice structure?
s. Reply
of graphene you mean?
or in general
in general
Graphene has a hexagonal structure
On having this app for quite a bit time, Haven't realised there's a chat room in it.
what is biological synthesis of nanoparticles
Sanket Reply
what's the easiest and fastest way to the synthesize AgNP?
Damian Reply
types of nano material
abeetha Reply
I start with an easy one. carbon nanotubes woven into a long filament like a string
many many of nanotubes
what is the k.e before it land
what is the function of carbon nanotubes?
I'm interested in nanotube
what is nanomaterials​ and their applications of sensors.
Ramkumar Reply
what is nano technology
Sravani Reply
what is system testing?
preparation of nanomaterial
Victor Reply
Yes, Nanotechnology has a very fast field of applications and their is always something new to do with it...
Himanshu Reply
good afternoon madam
what is system testing
what is the application of nanotechnology?
In this morden time nanotechnology used in many field . 1-Electronics-manufacturad IC ,RAM,MRAM,solar panel etc 2-Helth and Medical-Nanomedicine,Drug Dilivery for cancer treatment etc 3- Atomobile -MEMS, Coating on car etc. and may other field for details you can check at Google
anybody can imagine what will be happen after 100 years from now in nano tech world
after 100 year this will be not nanotechnology maybe this technology name will be change . maybe aftet 100 year . we work on electron lable practically about its properties and behaviour by the different instruments
name doesn't matter , whatever it will be change... I'm taking about effect on circumstances of the microscopic world
how hard could it be to apply nanotechnology against viral infections such HIV or Ebola?
silver nanoparticles could handle the job?
not now but maybe in future only AgNP maybe any other nanomaterials
I'm interested in Nanotube
this technology will not going on for the long time , so I'm thinking about femtotechnology 10^-15
can nanotechnology change the direction of the face of the world
Prasenjit Reply
At high concentrations (>0.01 M), the relation between absorptivity coefficient and absorbance is no longer linear. This is due to the electrostatic interactions between the quantum dots in close proximity. If the concentration of the solution is high, another effect that is seen is the scattering of light from the large number of quantum dots. This assumption only works at low concentrations of the analyte. Presence of stray light.
Ali Reply
the Beer law works very well for dilute solutions but fails for very high concentrations. why?
bamidele Reply
how did you get the value of 2000N.What calculations are needed to arrive at it
Smarajit Reply
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Source:  OpenStax, Mathematics grade 9. OpenStax CNX. Sep 14, 2009 Download for free at http://cnx.org/content/col11056/1.1
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