Question

The owner of a used car lot wants to buy as many cars at an auction as he can while not spending more than $20,000. if he expects the average price to be $4000, how many would he expect to be able to buy?

Answer 1

5 cars

Explanation:

If the average of cost of a car is $4,000 there will be enough cash to buy 5 cars. 20,000 divided by 4,000= 5.