Question

Define cost price , marked price and selling price ?
Plz explain with examples...

Answer 1

Cost Price is that price which is at the time of purchasing things.For e.g. If u purchased a pen for 10 rupees then its C.P is rupees.

Marked price is the price marked or printed on objects.

Selling price is that price at which u sell a thing
For e.g. If u purchased a pen for 10 rupees and sold it for 19rupees then S.P is 19

Answer 2

cost price is the price by which the item is buyed .....marked price is the price which is marked or displayed on the item ....and the selling price is the price by which item is sold....for e.g. you buy a pen for rs 10 then it's cost price is 10 .....but the is displayed by the slip of rs 8 then it's marked price is 8......and the shopkeeper sold u it of rs 10 then the selling price is 10