GRATUITIES (TIPPING)
An international visitor left a tip for the waiter on the table in a restaurant in South Africa - NSC Tourism - Question 3 - 2018 - Paper 1
Question 3
GRATUITIES (TIPPING)
An international visitor left a tip for the waiter on the table in a restaurant in South Africa.
**Question 3.1.1** Identify the currency that... show full transcript
Worked Solution & Example Answer:GRATUITIES (TIPPING)
An international visitor left a tip for the waiter on the table in a restaurant in South Africa - NSC Tourism - Question 3 - 2018 - Paper 1
Step 1
3.1.1 Identify the currency that was left on the table for the waiter.
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Answer
The currency that was left on the table for the waiter is the Euro (EUR, €).
Step 2
3.1.2 (a) Add the total value of the foreign currency notes and coins left on the table.
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Answer
The total value of the foreign currency left on the table is 30 Euros.
Step 3
3.1.2 (b) Calculate how much the waiter could expect in rand.
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To convert 30 Euros to Rand, we use the exchange rate for Euros: 30 Euros × 13.60 = ZAR 408.00.
Step 4
3.2.1 Calculate the amount the waiter received in rand.
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The waiter received 27 British pounds. To convert this to Rand: 27 × 16.00 = ZAR 432.00.
Step 5
3.2.2 (a) Compare the two scenarios above in terms of the value of the tips the waiter has received.
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The waiter received more value in rand from the British tourist (ZAR 432.00) compared to the amount received from the European tourist (ZAR 408.00).
Step 6
3.2.2 (b) Explain how the gratuities (tips) received can add to the multiplier effect in the nearby community.
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The gratuities (tips) received by the waiter set the multiplier effect in motion and give the waiter more spending power in the local community, benefiting many businesses and households.