This business/management problem is solved step by step below, with detailed explanations to help you understand the method and arrive at the correct answer.
ScanSolve AI Answer
Here are the solutions to your questions based on the till slip: 1. What is the name of the shop where Mary bought the groceries? The name of the shop is The Grocer. The Grocer 2. What is the telephone number of the shop? The telephone number of the shop is 011 439-1100. 011 439-1100 3. How many items did Mary buy, excluding the bags? Counting the distinct product lines and excluding "GOVERNTT BAG 24L": • COKE ZERO 2L • H/BUGER ROLL • FRZ MIX VEG 1KG • PROC BERG CHEESE • APPLES G/D 1.5 KG • YOGH SMP 6 X 100G There are 6 items. 6 items 4. Calculate A, the price of one 2litre coke zero. The till slip shows "COKE ZERO 2L 2 @ A R30, 98". This means 2 units of Coke Zero cost R30.98. To find A, the price of one unit, divide the total cost by the quantity. A = Total costQuantity A = R30.982 A = R15.49 The price of one 2-litre Coke Zero is R15.49. R15.49 5. Show how the total of R0,92 FOR 2 government bags was calculated. The till slip shows "GOVERNTT BAG 24L 2 @ 0, 46 R0, 92". The total cost for 2 government bags is calculated by multiplying the quantity by the price per unit. Total cost = Quantity × Price per unit Total cost = 2 × R0.46 Total cost = R0.92 The total of R0.92 for 2 government bags was calculated as 2 × R0.46 = R0.92. 2 × R0.46 = R0.92 6. How did Mary pay for the items she bought? The till slip indicates "CASH R 120,00". Mary paid with cash. Cash 7. All totals are rounded down to the nearest 10c. What is the rounded value of B? The "BALANCE DUE" (B) is R104.82. Rounding R104.82 down to the nearest 10c (R0.10) means the cents value must be a multiple of 10 and less than or equal to the original value. R104.82 rounded down to the nearest 10c is R104.80. R104.80 8. Calculate C, the change that Mary must receive after her cash payment? The cash paid was R120.00. The rounded balance due (from Q7) is R104.80. Change (C) is calculated by subtracting the rounded balance due from the cash paid. C = Cash paid - Rounded Balance Due C = R120.00 - R104.80 C = R15.20 The change Mary must receive is R15.20. R15.20 9. On what date did the purchase take place? The date of purchase is 10/10/2020. 10/10/2020 10. At what time did the purchase take place? The time of purchase is 13:08. 13:08 11. Explain what the acronym VAT stand for. VAT stands for Value Added Tax. It is a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to the point of sale. Value Added Tax 12. How many items are VAT zero rated? The till slip shows "0, 00 %" VAT with "0, 00" under "TOTAL" for "Zero rated items". This indicates that 0 items on this specific till slip are VAT zero-rated. 0 items 13. Name one item that is VAT zero rated. While there are no zero-rated items on this specific slip, a common example of a VAT zero-rated item is bread. Bread That's 2 down. 3 left today — send the next one.