# RATIO, RATE AND FINANCE QUESTION 7 7.1 Mr. Nko…

RATIO, RATE AND FINANCE QUESTION 7 7.1 Mr. Nkonyeni buys a new Samsung watch, the watch costs R6000. He has saved 15% of the watches value and is able to use this as a deposit for the watch. The loan agreement from the bank is at 11% for 3 years on simple interest. 7.1.1 Calculate the deposit in Rands? (1) 7.1.2 Find the total amount of the loan paid after the 3 years using the correct formula? (3) 7.1.3 Calculate Mr Nkonyeni’s monthly repayments. (2) 7.2 A school has 720 pupils. The ratio of the number of senior school pupils to the number of junior school pupils is 4 : 5.How many junior school pupils are there in the school? (2) 7.3 Tumisho must divide R1 300 among his 3 employees A, B and C. Employee A must get R200 more than employee B, and employee B must get R100 more than employee C. What will employee C get? (2) 7.4 Alan drives from Cape Town to Worcester, a distance of 120 km, in 1 hour 30 minutes. He then drives from Worcester to Stellenbosch, a distance of 90 km, in 1 hour. Calculate the average speed at which he travelled. (4) TOTAL: THE END! 75 MARKS