The cost of a project includes $1,000 for goods and services, $50 for delivery, and $125 for interest. What is the purchase price for this contract?

To determine the purchase price for the contract, you need to sum up all the costs associated with the project. In this scenario, there are three components of the costs:

1. The cost of goods and services is $1,000.

2. The delivery charge amounts to $50.

3. The interest costs total $125.

To find the total purchase price, you add all these amounts together:

$1,000 (goods and services) + $50 (delivery) + $125 (interest) = $1,175.

This calculation shows that the total cost of the project, which is the purchase price for the contract, equals $1,175. This comprehensive approach highlights the importance of including all relevant costs when arriving at the final price for any contract.