Various options are provided as possible answers to the following questions - NSC Consumer Studies - Question 1 - 2018 - Paper 1
Question 1
Various options are provided as possible answers to the following questions. Choose the answer and write only the letter (A-D) not to the question numbers (1.1.1 to ... show full transcript
Worked Solution & Example Answer:Various options are provided as possible answers to the following questions - NSC Consumer Studies - Question 1 - 2018 - Paper 1
Step 1
1.1.1 Interest charged or paid on the principal capital plus the interest is:
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Answer
The correct answer is A. Compound interest. Compound interest is calculated on the initial principal and also on the accumulated interest of previous periods.
Step 2
1.1.2 The type of vegetables that are exempted from VAT:
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Answer
The correct answer is C. Fresh. Fresh vegetables are typically exempt from VAT in various tax systems.
Step 3
1.1.3 A non-renewable form of energy:
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Answer
The correct answer is C. Coal. Coal is a fossil fuel that is considered non-renewable as it cannot be replenished in a short period.
Step 4
1.1.4 The meaning of food security:
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Answer
The correct answer is D. All of the above. Food security encompasses food that is safe and hygienic, produced organically, and is affordable and available.
Step 5
1.1.5 The condition in which the arteries clog and narrow:
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Answer
The correct answer is A. Atherosclerosis. It is a condition characterized by the hardening and narrowing of arteries due to plaque buildup.
Step 6
1.1.6 A contagious viral disease that attacks the liver:
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The correct answer is A. Hepatitis A. It is known for causing liver inflammation and is highly infectious.
Step 7
1.1.7 Helps to maintain a healthy immune system as it keeps the skin healthy and insatiable healthy:
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Answer
The correct answer is A. Vitamin A. It plays a crucial role in maintaining skin health and immune function.
Step 8
1.1.8 A consumer who wants to prevent osteoporosis but suffers from lactose intolerance, may try:
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Answer
The correct answer is A. Strawberry-flavoured milk. This option typically contains added calcium and nutrients without lactose.
Step 9
1.1.9 The clothing item that would be suitable for a lady with a big bust:
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Answer
The correct answer is B. Clothing item B. This item is designed to accommodate larger bust sizes.
Step 10
1.1.10 The clothing that puts the most emphasis on the waist:
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Answer
The correct answer is C. Clothing item C. This style typically includes elements that accentuate the waist.
Step 11
1.1.11 All building contractors should be registered with the ... Council.
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Answer
The correct answer is A. National Home Builders’ Registration. This ensures compliance with building regulations and standards.
Step 12
1.1.12 When a buyer of a property moves into the property before the bond is registered in his/her name, he or she is liable to pay:
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Answer
The correct answer is A. Occupational rent. This applies until the bond is officially registered.
Step 13
1.1.13 The legal document that proves ownership of a property:
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The correct answer is A. Title deed. It serves as legal proof of property ownership.
Step 14
1.1.14 Household appliances possess the feature that to any consumer can be specific to the type of knowledge, skills or abilities:
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Answer
The correct answer is A. Functional description. This highlights the purpose and usability of household appliances.
Step 15
1.1.15 A responsible consumer will ... after buying a household appliance:
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Answer
The correct answer is B. Read the guarantee and contract carefully. This helps to understand the warranty and return policies.
Step 16
1.1.16 One of the following represents the operational costs of a business:
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The correct answer is A. Water and electricity. These are ongoing costs necessary for business operations.
Step 17
1.1.17 75% of a business refer to the ...
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Answer
The correct answer is C. Business plan. A good business plan outlines the structure and strategy of the business.
Step 18
1.1.18 Production professionals help to ... a product.
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The correct answer is A. Standardise. This ensures consistency and quality in the product.
Step 19
1.1.19 Calculate the selling price of ONE product if the production cost is R27.90 and the profit margin is 70%:
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Answer
The selling price can be calculated using the formula:
SellingPrice=Cost+(Cost×ProfitMargin)
Plugging in the values:
SellingPrice=27.90+(27.90×0.70)=R47.43
However, since this is a multiple-choice question, the closest answer is C. R42.63.
Step 20
1.1.20 Peter’s small-scale business now delivers products to his customers. This gives his business ... over his competitors.
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Answer
The correct answer is B. An advantage. This can be a significant factor in attracting more customers.
