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1 year ago

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Question Jo Agri-Small Business limited expenses on petrol for their fleet is R 4850,00 at the end of September and they have a

balance of R106 360,00 remaining in their account. The company has used 25% of its September income on Salanes, 11% on electricity, rates and taxes, and 42% of the remaining on Insurance and investments. The total income and expenditure in September are g. income is R193.236,00 and expenditure is R. 4.850,00 b. income is R 106360,00 and expenditure is 2299 596, 00 c. income is R106 360,00 and expenditure is R 4850,00 d Income is R299596,00 and expenditure is R193 236,00

1 answer:

KonstantinChe [14]1 year ago

6 0

The total income and expenditure of Agri-small business limited in September is R 299596 and expenditure is R 193236.

<h3>How to find the Expense?</h3>

We have to find the total income and expenditure in September.

The equation for insurance is mathematically given as :

Insurance = 42% of the balance

Insurance=0.42*0.64A

Insurance=0.2688A.

Total expenditure after all other expenditures = 0.64A-0.2688A

Total expenditures after all other expenditures = 0.3712A.

Total expenditures after all other expenditures is as 111210 (106360 +4850)

Equating both the equation and value:

111210 = 3712 A

A = 299596

Thus The total income is 299596.

Therefore the calculation of expense is given as:

Expense=0.25A+0.11A+0.2688A+4850

Expense=0.6288A+4850

=0.6288*299596+4850

=193236

The expense is 193236.

Hence, the total income and expenditure in September are "Income is R 299596 and expenditure is R 193236.

Learn more about income at;

brainly.com/question/25745683

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