BUDGET EXAM TYPE QUESTION: Mr Vellem tries to minimize his usage of municipal water and plans to install a Jojo tank to collect
rainwater. A local supplier gave the following quotation to install a Jojo tank:
LOCAL HANDYMAN JOE
PO Box 4652
Brackenfell
ITEM
QUANTITY
Jojo tank
1
Other materials
1
Labour per hour or part thereof
UNIT PRICE
R12 958,00
R1 943,70
R129,99
He found out that the installation will take 5 hours 10 minutes on the first day and then and then 2 hours
on the second day.
Mr. Vellem has a total budget of R15 900 to buy and install the tank.
Verity, using calculations, whether the budget will be enough. (6)​