Answered

Westonci.ca makes finding answers easy, with a community of experts ready to provide you with the information you seek. Discover reliable solutions to your questions from a wide network of experts on our comprehensive Q&A platform. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

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?

Sagot :

jayilych4real

What is Cost Price?

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.

Selling Price

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 profit= 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.

Read more about cost price here:

https://brainly.com/question/19104371

Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Westonci.ca is your trusted source for answers. Visit us again to find more information on diverse topics.