SPM Mathematics Trial 2021 (Kelantan), Paper 2 (Question 7 & 8)

Question 7 (4 marks):
Table 1 below shows the financial plan prepared by Cikgu Muji to manage his money effectively.

Income and Expenditure	RM
Net Income Teacher salary Tuition teacher’s salary Rental received Shares Dividend	0 5 500 2 000 1 550 600
Expenses budget Housing instalment Car instalment Allowances to parents Groceries Utility bills Petrol	0 1 200 750 600 500 300 250

Table 1

Calculate:
(i) Active income
(ii) Passive income 
(iii) Fixed expenses 
(iv) Variable expenses 

Solution:
(i) Active income = Teacher salary + Tuition teacher’s salary
  = RM5 500 + RM2 000
  = RM7 500

(ii) Passive income = Rental received + Shares Dividend
= RM1 550 + RM600
= RM2 150

(iii) Fixed expenses = Housing instalment + Car instalment
= RM1 200 + RM750
= RM1 950

(iv) Variable expenses = allowances to parents + Groceries + Utility bills + Petrol
  = RM600 + RM500 + RM300 + RM250
  = RM1 650