Question

Explain the following term with example
(1)sales
(2)cost​

Answer 1

Answer:

(1) Sales

When purchase goods are sold in order to earn a profit are called sales. When goods are sold for cash it is called cash sales and goods sold on credit are called credit sales.

(2)Cost

Total of direct or indirect expenses which are incurred for the production of goods and services is called cost. Like the cost of raw material cost of labor and cost of other services used to make the article is called its total cost.

Answer 2

Answer:

sale like on a thing like 10 %,20 %30% 40% 50% 60% 70% 80% 90% off