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Question 3 Time left 07:42:42 Not yet answered Marked out of 1 Ronnie received a monthly travel allowance of R3 800 per month, for
Question 3 Time left 07:42:42 Not yet answered Marked out of 1 Ronnie received a monthly travel allowance of R3 800 per month, for the full year of assessment. During the current year of assessment, he travelled 16 200 kilometres for business purposes and a total of 40 000 kilometres for the current year of assessment. He spent R10 000 on Fuel, R3 000 on Maintenance, R5 000 on Insurance Premiums and R600 on License Fees. You can assume that the deemed cost per kilometre is correctly calculated to be R4.23 YOU ARE REQUIRED to calculate the Actual cost per kilometre. Select one: a. R0.47 b. R1.14 C. R1.15 d. R4.23
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