Assume that you have saved $2,000 for the purchase. How much of this money will you be able to put towards the purchase price of

Question

-BARSIC- [3]

3 years ago

5

Assume that you have saved $2,000 for the purchase. How much of this money will you be able to put towards the purchase price of

each car?

Mathematics

1 answer:

nexus9112 [7] · Answer 1 · 2023-01-06T23:15:14+03:00

<h3>What is Cost Price?</h3>

This refers to the price which a seller or a merchant purchased a good and this would be a good determinant to find out the selling price so that he could make a good profit.

<h3>Selling Price</h3>

This refers to the price which a good is sold and there are several factors which are taken into account such as:

Expenses
Cost Price, etc.

Mathematically, the<em> profit= </em>Cost price - Selling Price (Expenditure)

Please note that your question is incomplete so I gave you a general overview so that you could have a better understanding of the concept.