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Economic & Management Sciences 9 - 2025

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An economic system is:

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The economic problem is when:

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Match the transactions below to the correct journal.

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If the cost price of an item is R80 000, and its selling price is R136 000, what is the mark-up in percent(type only the answer into the space provided)

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If the cost price of an item is R32 000, and its selling price is R40 000, what is the mark-up in percent(type only the answer into the space provided)

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If the selling price of an item is R890, and its mark-up is 150%, what is the cost price in Rands? (type only the answer into the space provided)

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If the cost price of an item is R1 900, and its mark-up is 100%, what is the selling price in Rands? (type only the answer into the space provided)

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If the selling price of an item is R7 400, and its mark-up is 60%, what is the cost price in Rands? (type only the answer into the space provided)

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