Question

Nomonde earns a total salary of R63 420 p.a . Deductions from her salary amount to R5 785 for the year . Her other expenses are R130 rent per week , R3 890 transport for the year , R1 200 food, groceries and entertainment per month , R400 phone and internet per month , R7 220 clothes, books , stationery for the year .
Is the amount she earns enough to cover her annual expenses? to answer this question, first sort out the weekly , monthly, and annual expenses listed above. Multiply each weekly expense by 52, and each monthly expense by 12 . Then add their subtotals to the other annual expenses to get her total expense for the year . Then subtract this total from Nomonde's total annual salary


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Answer 1

Answer: R63 420 p.a. earning is enough to cover her annual expenses and get R20 565 extras

Step-by-step explanation:

Let's do a simple calculation,

Her total earning = R63 420 per year

Deduction from salary = R 5 785 per year

Now

1 year has 52 weeks and 12 months approximately

So, convert all expenses in per year by calculating with no. of week and months,

Rent deduction = 52 weeks × R130 = R6760 per year

Transport deduction = R3 890 per year

Food, entertainment = R1 200 × 12 month = R14 400 per year

Phone and internet = R400 × 12 month = R4 800 per year

Stationary and clothers = R7 220 per year

Now lets Subtract all deduction from total salary, we get

Extras = Total salary per year - Total deduction per year

Extras = R63 420 - (R5 785 + R6 760 + R3 890 + R14 400 + R4 800 + R7 220)

Extras = R20 565

So after dudction of all expense she has extra R20565, i.e the amount she earns is enough to cover her annual expenses.

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