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Identify the combined electricity and water expense from the monthly budget (Question 1).

Business/Management

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Answer

R959.17\text{R}959.17

Step-by-step solution

3 steps

Okay, ØƳÂMÂ, let's focus on question 2.2.3 again.

  1. Identify the combined electricity and water expense from the monthly budget (Question 1).

    From the budget provided in Question 1, the "Electricity and water" expense is R1 100.

  2. Use the total amount payable for water (including VAT and sewage) calculated in Question 2.2.2.

    In the previous calculation for 2.2.2, the total amount payable for water (including 15% VAT and sewage) was determined to be R140.83.

  3. Calculate the amount spent on electricity.

    To find the electricity cost, subtract the total water cost from the combined electricity and water expense from the budget.

    Electricity cost=Budgeted Electricity and water−Total amount payable for water\text{Electricity cost} = \text{Budgeted Electricity and water} - \text{Total amount payable for water} Electricity cost=R1 100−R140.83\text{Electricity cost} = \text{R}1\,100 - \text{R}140.83 Electricity cost=R959.17\text{Electricity cost} = \text{R}959.17 R959.17\text{R}959.17
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