Calculate the turnover of gold rings sold in the south african market annually. demonstrate your approach to getting to an answer

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23-05-2022
Computers and Technology

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Calculate the turnover of gold rings sold in the south african market annually. demonstrate your approach to getting to an answer

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azikennamdi azikennamdi · Answer 1 · 2022-06-06T21:16:04+02:00

The total turnover of gold sold in South Africa is estimated to be about $1.3 billion US Dollars/annum. This figure is likely to rise to $1.35 billion/annum by 2023.

What is turnover?

Turnover is another word for sales in business. It is the total amount of revenue generated from the sale of goods or services.

What is the approach to getting the answer above?

The figures gotten above were derived from statistical sources that are credible.

Learn more about South Africa's gold at:
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