QUESTION 2
Vuyo wants to open a bed and breakfast in MAMELODI EAST. There are
already five bed and breakfasts with a total market of 4000 customers per
month. He knows he can expect 65% of the market share for the first year. His
selling price will be R450 and his cost per customer R250. His bed and
breakfast will be open for 30 days per month. His operating expenses amount
to R2 000. At the beginning of January 2022. he had a favorable bank balance
of R8 000.
2.1
Calculate gross profit per day.

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