A coffee shop owner blends a gourmet brand of coffee with a cheaper brand. The gourmet coffee usually
sells for R420,00 per kilogram. The cheaper brand sells for R180,00 per kilogram. How much of each type
should be mixed in order to have 30 kilograms of coffee that is worth R240,00 per kilogram?
Choose the correct sentence:
[1] Three quarters of the mass should be from the cheaper brand.
[2] He should order 7,50 kg of the cheaper brand.
[3] A third of the mass should be from the gourmet brand.
[4] He should order 6,14 kg of the gourmet brand.
Suppose we have birr 36 to spend on pork and chicken. If we buy p pounds of pork at birr 3per pound and C pounds of chicken at birr 2 per pound
Franco's company makes tomato paste. His fixed costs are $23,000. The variable cost to make a case is $10. He will price the cases at $25. What are the sales he must reach in order to break even?
Round the answer to this question to the nearest rand. David borrowed R911012,00
R911012,00 to refurbish his holiday home. The loan requires monthly repayments over 12 years. When he borrowed the money, the interest rate was 12,4% per annum, compounded monthly, but five years later the bank increased the annual interest rate to 13,9%, in line with market rates. After five years the present value of the loan is R682081,77
R682081,77. With the new interest rate, his monthly payments will increase by
Round the answer to this question to the nearest rand. David borrowed R911012,00
R911012,00 to refurbish his holiday home. The loan requires monthly repayments over 12 years. When he borrowed the money, the interest rate was 12,4% per annum, compounded monthly, but five years later the bank increased the annual interest rate to 13,9%, in line with market rates. After five years the present value of the loan is R682081,77
R682081,77. With the new interest rate, his monthly payments will increase by
Edwill just purchased a new home costing R1107900,00 by paying R120000,00 cash on the purchase date, and agreeing to make payments at the end of the following eight years for the remainder owed; the first payment is due one year after the purchase date. The interest rate is 7,4 % per annum,compounded yearly. Considering the amortisation schedule, the percentage rounded to two decimal places, of the total payments made the first two years that will go forward repayment of interest, is
Franco's company makes tomato paste. His fixed costs are $23,000. The variable cost to make a case is $10. He will price the cases at $25. What are the sales he must reach in order to break even?
Network Systems is introducing a new network card. Suppose Network Systems knows its fixed costs are $600,000, its variable costs are $500 per card, and it must sell 15,000 cards to break even the first year. What is the minimum price per unit it should charge?
As part of its benefits package, a company offers vision insurance to employees. The monthly premium cost per employee is $43. If the employees pay 75% of the premium, how much is the total annual premium paid by an employee for the vision insurance?
Mindy is a real estate agent who earns 5.5% commission on each sale she makes. Last month she sold two homes for $159,000 and $213,000. How much did Mindy make in commissions for the month?