Grade 10 Maths · Paper 1
Financial Maths Grade 10
Real past paper questions and answers from 2024 to 2024, with each memo split into the ticks examiners give. Try one, mark yourself, and see exactly which skill cost you marks.
- past paper questions
- 7 past paper questions
- skills
- 6 skills
- videos
- 6 videos
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Question 1.2 · September 2024 · Provincial · 3 marks
An advertisement in a local newspaper reads as follows:
Buy an iPhone 14 Pro Max cell phone for only R1 029 per month. You have 36 months to pay.
• No deposit is required.
Buy an iPhone 14 Pro Max cell phone for only R1 029 per month. You have 36 months to pay.
• No deposit is required.
1.2 The monthly instalment quoted in the advertisement, is calculated on a hire purchase agreement which charges interest of p.a. on the cash price of the cell phone. Calculate the cash price of the cell phone.(3)
Work it out on paper first. Then mark yourself with the official memo, one tick at a time.
What's in Financial Maths Grade 10
Each skill is one thing a memo gives a tick for. Tap a skill for its own questions, notes and videos.
Interest and Growth5 past paper questions
- Convert fractions, decimals and percentagesChange a number between fraction, decimal and percentage form (for example 1/4 = 0,25 = 25%).3 past paper questions · 4 videos
- Calculate with percentagesFind a percentage of an amount, or increase or decrease an amount by a percentage (for example 15% of R200 is R30).5 past paper questions · 4 videos
- Calculate total paid and interestWork out what you really pay when you buy on credit, for example 24 payments of R500 is R12 000, minus the price gives the interest.4 past paper questions · 4 videos
- Use the simple interest formulaUse the simple interest formula A = P(1 + in) to find the amount, interest, rate or time, for example R1 000 at 5% for 3 years gives R1 150.2 past paper questions · 4 videos
- Use the compound interest formulaUse the compound interest formula A = P(1 + i)ⁿ, where interest also earns interest, for example R1 000 at 10% for 2 years grows to R1 210.7 past paper questions · 4 videos
Financial Maths Grade 10 videos
Short lessons from South African teachers first. Videos load only when you tap play, to save your data.
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