HIGHER EDUCATION PROGRAMMES

Academic Year 2024: January – June

Module: HCLT108-1

Assessment 1: Formative Assessment 1

Name: Ntombenhle Ngidi

Student Number: 05HA2311210

Branch: Belville

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Question 1 [44 marks]

1.1 Arrange the fruit names in descending order using the Sort & Filter function.
(2 marks)

Fruit Name Quantities in Boxes Price

Apple Delicious 3200 R950
Banana 300 R235
Cashew nut 3250 R370
Cherry fruit 1300 R320
Dates 3200 R450
Dry apricot 1520 R610
Guava 1200 R520
Kiwi fruit 5000 R900
Mango 4300 R390
Orange 1800 R300
Papaya 3100 R230
Plum 1560 R300

1.2 Calculate the sales obtained from each fruit. (3 marks)

Add a screenshot with the formula bar showing the formula used.

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1.3 Calculate the total sales obtained by Cape Produce from the provided data in the
Rand currency. Add a screenshot showing the formula visible in the formula bar.
(2 marks)

1.4 Calculate the total quantities of fruits sold in the period. Add a screenshot with the
formula visible in the formula bar (2 marks)

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1.5 Using an Excel function, determine which fruit had the highest quantities sold.
Use a formula and add a screenshot with the formula visible in the formula bar
(2 marks)

1.6 What is the sales value of the fruit in Q1.5? (1 marks)

R416 000

1.7 Using an Excel function, determine which fruit had the lowest sales and identify its
sales value. (2 marks)
Use a formula and add a screenshot with the formula visible in the formula bar

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You intend to offer promotional discounts to customers to improve customer traffic and
sales. Show how discounts will affect company sales by answering the questions
below. (Note: Sales referenced in Q1.8 and 1.15 are sales you calculated in Q.1.2)

1.8 If a 10 % discount is applied to the sales value of each fruit item, calculate the
discount value per fruit item and the total discount on the sales. (4 marks)
Add a screenshot with the formula bar showing the formula used.

1.9 After the 10% discount is applied in Q.1.8, calculate the discounted sales per fruit
item and the total sales after the discount is applied. (4 marks)
Add a screenshot with the formula used showing in the formula bar.

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If Cape Produce had implemented a 10% discount policy only on sales invoices above
R500 000, answer the following.

1.10 What is the total discount value for sales above R500 000 obtained in Q1.2?
Note: Use the IF logical function. Add a message "No discount" for sales below
R500 000. Add a screenshot of the calculated column showing the formula used
in the formula bar. (5 marks)
Add a screenshot with the formula used showing in the formula bar.

1.11 Determine the total sales after the 10% discount is applied in Q.1.10. (4 marks)
Note: Use a formula and add a screenshot with the formula visible in the formula bar.

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1.12 Create a column chart for the fruit quantities sold. Include quantities sold as data
labels. (3 marks)

Quantities in Boxes
6000

5000

4000

3000

2000

1000

1.13 Create a line chart to show the total quantities sold for Orange, Guava, Dates,
and Banana. (4 marks)

QUANTITIES SOLD

3200

1800

1200

300

Banana Dates Guava Orange

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1.14 Create a 2-D bar chart to show the total sales of Apples, Cashew nuts, Dry
apricots, Mango, and Papaya calculated in Q.1.2. Include data labels. (3 marks)

Sales Chart
R3500 000

R3000 000

R2500 000

R2000 000

R1500 000

R1000 000

R500 000

R0
Apple Delicious Cashew nut Dry apricot Mango Papaya

1.15 Create a 3-D pie chart to show the total sales of Plums, Papaya, and Oranges as
calculated in Q.1.2. Include data labels. (3 marks)

Sales pie chart

Orange Papaya Plum

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Question 2 [6 marks]

The impact of COVID-19 on the lives of many was a wake-up call to the need for
savings. Many people lost jobs and sources of income. Saving for the
unforeseen future is a measure that will likely curb the impact of such
occurrences.

2.1. You have started saving for such challenging times by investing R3 000 at the
end of each month for five (5) years. If the interest on your investment is 9% per
annum, how much should you have at the end of 5 years? (3 marks)

Use a table and add a screenshot of the table below.

2.2. You have cut back on your spending since the COVID-19 lockdown period. You
acquired a home loan valued at R550 000 to buy a property and start a rental
business. The interest on the loan is 12% per annum, and the repayment period is 20
years. Calculate your monthly repayment amount. (3 marks)

Use a table and add a screenshot of the table below.

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