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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 :

Jayilych4realidn

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

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