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