Grade 10 Mathematics - docxTERM 3
Grade 10 Mathematics - docxTERM 3
Grade 10 Mathematics - docxTERM 3
Grade 10 Mathematics
Test/Assignment
Term 3-2023
TEACHER : ………………………………………………………………………………………
Examiner: Mungwiro B
Moderator: M R Bhebhe
Total: 45
Time: 45 min
QUESTION 1 2 3 4 5 TOTAL
MARK 9 12 8 6 10 45
MARK
AWARDED
Question 1
Zach likes to travel. He has saved R5 000 as spending money for his vacation in Australia at the
end of 2015 .
1.1 Zach looks up the exchange rate on the Internet. Using the information in the table (2
below, calculate how many Australian dollars Zach can buy for R5 000. )
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1.2 Zach likes to travel. He has saved R5 000 as spending money for his vacation in Australia at
the end of 2018 .
1.2. Assume that the average annual rate of inflation in South Africa will be 6,1% over the (3
1 next 3 years. In 2018, what amount of money will be equivalent to the value of R5 000 )
now?
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1.2. Zach plans to invest equal amounts into a savings account on 1 December 2016 and (4
2 on 1 December 2017 to have accumulated an amount of R5 980 by 1 December 2018. )
If this account earns interest at 9% p.a. compounded annually, how much money
should Zach deposit into the account on each occasion?
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Question 2
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2.2 The monthly instalment, quoted in the advertisement, is calculated on a hire purchase (3
agreement which charges interest of 7,5% p.a. on the cash price of the cellphone. )
Show that the price of the cellphone is R4 779,13.
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2.3 Calculate the total interest paid over a period of 24 months if the cellphone is bought (1
with this hire purchase agreement. )
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2.4 The cellphone is insured at 11,5% p.a of the cash price. The total insurance is (3
calculated and then split up over 24 months. It is then added to the monthly )
instalment. Calculate the new monthly instalment if the customer wants to insure the
cellphone.
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2.5 The cost of the cellphone is subject to inflation and increases to a cash price of R5 (4
100,00 after 2 years. Calculate the annual inflation rate. )
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Question 3
Seven years ago, Mrs Grey decided to invest R18 000 in a bank account that paid simple interest at
4,5% p.a.
3.1 Calculate how much interest Mrs Grey has earned over the 7 years. (2
)
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3.2 Mrs Grey wants to buy a television set that costs R27 660,00 now. If the average rate (3
of inflation over the last 5 years was 6,7% p.a., calculate the cost of the television set )
5 years ago.
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3.3 At what rate of simple interest should Mrs Grey have invested her money 7 years ago (3
if she intends buying the television set now using only her original investment of R18 )
000 and the interest earned over the last 7 years?
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Question 4
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4.2 If the balance is to be paid off in 24 months, calculate Peter's total monthly (4
instalment. )
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Question 5
The data below shows the number of laptops sold by sales agents during the last
financial year.
43 48 62 52 46 90 58 37 48 73 84 68 54 34 78 40
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