diference between markprice and cost price
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Step-by-step explanation:
Cost price is the cost of production of commodity. Marked price is the price where the seller marks up the cost price by a certain amount to add his/her own profit margin. Cost price is usually derived from all the expenses incurred to make it a qualifying asset.
Answered by
1
Step-by-step explanation:
Cost price is the cost of production of commodity. Markedprice is the price where the sellermarks up the cost price by a certain amount to add his/her own profit margin. Cost price is usually derived from all the expenses incurred to make it a qualifying asset.
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