Lebogang decides to change R8 000 into euros when the exchange rate is RI4,50 \( =1 \) euro. A bank charge of \( 1 \% \) is deducted. Calculate how much Lebogang receives, to the nearest euro. A boy bought a bicycle for RI 500 excluding VAT. a) If VAT is charged at \( 15 \% \), how much did he pay including VAT? b) After using it for two years, he sold it at a loss of \( 15 \% \) of the price excluding VAT. Calculate the selling price. A guide dog association needs to borrow R25 000 from the bank to train dogs to help the olind. The bank charges the association \( 14 \% \) per year simple interest for four years. The lotto decides to sponsor this project. How much will the lotto have to pay the bank each month if they pay back the full amount including the interest in four years? Aida has started a sushi restaurant in a shopping mall. The shopping mall charges a rental of Q 160 per square metre every month. Calculate the rental that Aida must pay every month if her restaurant has a floor area of \( 120 \mathrm{~m}^{2} \). fter 12 months the shopping mall (in Question 14) increases the rental amount to R185 per quare metre every month. They also advise Aida that if she increases her restaurant floor irea by \( 25 \% \), she would qualify for a \( 15 \% \) discount per square metre. a) If Aida decides to increase her restaurant floor area by \( 25 \% \), what will her new monthly rental amount be? b) What is Aida's reduced rate per square metre now? alculate the profit or loss in the following: a) Income: R36 000, RI 250 and R55 250 Expenses: R49 000 ) Income: RI2 560; I5 030 and R55 250 Expenses: R85 000; R95 000 and R63 550 painter is paid by the hour. If she is paid R360 for 12 hours work, how much will she be aid for 9 hours of work?
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To determine how much Lebogang receives in euros, we first account for the bank charge of 1%. The initial conversion amount is R8,000, but after the charge, Lebogang has R7,920 left to convert. At an exchange rate of R14.50 per euro, this means he will receive approximately 545 euros after rounding down to the nearest whole number. When it comes to the bicycle, including VAT, the boy pays R500 plus 15%, which totals R575. If he sells it at a loss of 15% on the price excluding VAT, he loses R75 and sells it for R425. So, he ends up with a selling price of R425 for the bicycle. For the loan scenario, with R25,000 borrowed at a 14% interest over four years, the total interest amounts to R14,000, making the total repayment R39,000. Dividing this amount by 48 months gives a monthly payment of R812.50 that the lotto will need to cover. If Aida's restaurant has a floor area of 120 m² and she pays R160 per m², her monthly rental is R19,200. After a year, should she expand by 25% to 150 m², the new monthly rental becomes R27,750. However, applying the 15% discount brings it down to R23,588.50, which makes her new rate R157.25 per square meter after the discount. Finally, when it comes to the painter, she earns R30 per hour. For a 9-hour shift, she would make R270 based on her hourly rate.