QUESTION 2 2.3 Mrs Adams started a business where she manufactures traditional wedding jewellery items on order. Payment is made in advance. The material required to manufacture one item costs R55,00 She sells each item for R120,00. She needed R 4 000,00 to purchase the equipment that she required to start her project. (This amount excluded the material which is used to manufacture the actual jewel items) Use the information above to answer the questions that follow. Determine the percentage profit that Mrs Adams makes on each jewel item that she sells You may use the following formula: Percentage profit sellingprice-cost price, 100% cost price 2.2 The graphs below show the status of the financial aspects of Mrs Adams' project. Amount in Rand 14000 12000 Income in relation to the number of items sold 10000 8000 6000 4000 2000 AB 20 40 60 80 100 Number of items sold Use the graphs above to answer the questions that follow.