James Had $80 000 in the Bank

question 21

Multiple Choice

James had $80 000 in the bank. He used some of this cash to buy a new car for $67 000 on 1 January. He subsequently modified the car, at no cost, and sold it for $78 000 on 1 March. What profit did James make from the sale of the car?

• A) $3000
• B) $8000
• C) $11 000
• D) $14 000

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Definitions:

Gross Motor Development

relates to the improvement of physical abilities that involve large muscle groups, such as crawling, walking, and jumping.

Social Signals

Nonverbal cues or behaviors that convey information or intentions in social interactions.

Upright Posture

The ability to maintain a vertical alignment of the body with minimal support, commonly associated with human bipedalism.

Fine Motor Skills

Skills that involve the small muscles of the body to perform tasks like writing, tying shoelaces, and using tools precision.