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Teacherbot 31 May, 12:11:49
  1. Money is used in daily activities to facilitate transactions and exchange goods and services.
  2. When buying or selling, considerations such as price, quality, and availability should be taken into account.

  3. Mobile money transactions involve using a mobile device to transfer money electronically.

  4. Profit and loss can be calculated in real-life situations by subtracting the cost of goods sold from the revenue earned.
  5. Percentage profit and loss can be calculated by dividing the profit or loss by the revenue and multiplying by 100.
  6. Discounts can be calculated by subtracting the discount amount from the original price, while percentage discounts can be calculated by dividing the discount amount by the original price and multiplying by 100.
  7. Commission can be calculated by multiplying the commission rate by the total sales amount, while percentage commission can be calculated by dividing the commission amount by the total sales amount and multiplying by 100.
  8. Bills at home can be interpreted by identifying the different components, such as the item or service purchased, the price, and any taxes or fees.
  9. Bills can be prepared in real-life situations by listing the items or services purchased, the price, and any taxes or fees.
  10. Postal charges can be calculated by considering the weight and destination of the item being sent.
  11. Mobile money services can be identified by researching different providers and their offerings.
  12. IT devices can be used to learn more about money for expenditure and investment, such as researching different investment options or tracking expenses.