TARIFFS INFORMAL TEST Question 1 TOTAL= 16 marks Jason lives in Cape Town. The table below shows the water tariff systems used for the City of Cape Town. STEPS 1 2 WATER USAGE 0≤ 6kl TARIFF PER KI (VAT incl.) R18,23 > 6≤ 10,5kl R25,06 3 4 > 10,50 ≤ 35kl R34,05 > 35kl R62,84 ADDITIONAL CHARGES (VAT Incl.) FIXED BASED MONTHLY CHARGES R126,18 1.1. Calculate the VAT amount that was added to the fixed based monthly charges of R126,18. (3) 1.2. Jason uses an average of 15 kilolltres of water monthly. Use the water tariff structure in the table above and calculate the amount that Jason paid for his water usage in Cape Town. 2. Thabo compares the bank fees for withdrawing money from 3 different banks: R5,00 per transaction + R1,50 for every R100 withdrawn (or part . Capitec Bank fees: thereof) R2,50 for every R100 withdrawn or part thereof. (5) ABSA Bank fees: FNB Bank fees: R4,50 for the first R500 withdrawn; then R2 per every additional R100 withdrawn (or part thereof) Which bank would charge the lowest bank fees if Thabo needed to withdraw R1 250? (8)
