Grade 11 Mathematical Literacy Term 3 Test on Hire Purchase PDF l7r843

On this page you will find an extract from a KwaZulu-Natal Grade 11 Mathematical Literacy Term 3 test focused on hire purchase and loan calculations. Learners compare cash and hire purchase prices for a fridge and calculate the difference between simple and compound interest loan offers from two different lenders. The questions require applying interest rate formulas to real financial decisions faced by the character Phetolo. Learners must also define hire purchase and explain the difference between simple and compound interest in their own words. This resource helps Grade 11 learners understand and calculate the real cost of credit and interest, a key numeracy skill covered in Term 3.

The following document, KZN Maths Literacy Grade 11 term 3 test.pdf, is the full document.

Term 3 Content Brief

Grade 11 Mathematical Literacy Term 3 Test on Hire Purchase PDF l7r843

The test asks learners to “Define the term ‘hire purchase'” and to “Explain the difference between simple interest and compound interest,” within a finance and measurement context.

KZN Grade 11 Mathematical Literacy test excerpt covering fridge pricing and capacity comparisons, hire purchase calculations, and simple versus compound interest loan comparisons, followed by a section on interpreting floor and elevation plans.

Calculate cash and original prices using VAT/discount; define hire purchase and calculate total repayment; distinguish simple from compound interest and compare loan costs; interpret plan symbols, scales and measurements.

Grade 11

Subject Mathematical Literacy

Curriculum South African (CAPS)

Download PDF