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Integrating Essential Skills into Training - National Adult Literacy ...

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Sellina’s Dried Fish Selling Business (Market Stall)<br />

All references to currency are in Namibian Dollars (ND). All costs are based on real data.<br />

# fish purchased to re-sell 150 / week<br />

Cost of fish $2.00 / fish<br />

Plastic bags<br />

$10.00 for 100 bags<br />

(when customers buy fish, the purchased fish are put <strong>into</strong> bags)<br />

Transport $60.00 per weekly trip to buy fish for selling<br />

Market stall rent $12.00 / month<br />

Sellina’s wage<br />

(amount needed to live)<br />

Work hours 5 days per week (8 hour days)<br />

# fish sold to customers 150 / week (on average)<br />

Reasonable profit margin<br />

(for market stall fish sellers)<br />

She needs $100 per week to pay for her family’s food, clothes,<br />

school fees, and necessities<br />

20%<br />

Using the above information, answer the following questions:<br />

1. What is lowest price at which Sellina can sell 1<br />

fish if she wants to make a profit considered<br />

reasonable for fish sellers in the market?<br />

2. Sellina actually sells her fish in the market for<br />

$4.50 / fish. What is her profit margin (a<br />

percentage)?<br />

3. What is Sellina’s wage per hour? Per day?<br />

4. Approximately how much does Sellina earn per<br />

month in Canadian dollars? (1 CD = 4.88 ND)<br />

(No pressure: women in northern Namibia with little<br />

formal education and little familiarity with calculators can<br />

successfully complete these questions).<br />

Bonus Question:<br />

5. Sellina’s uncle wants to hire her on Saturdays to<br />

clean fish. He will pay Sellina her fish selling<br />

wage. Sellina’s uncle has observed that it takes<br />

two workers 1 hour and 40 minutes to clean one<br />

crate of fish. He pays per crate of fish cleaned.<br />

What will Sellina earn (ND) per crate of fish she<br />

cleans?<br />

Sellina selling dried fish at her<br />

market stall in Katima Mulilo.

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