Question

What is the exact meaning of Marked price ,Cost price, selling price

Answer 1

1)WHILE SHOPPING IN MARKET WE ALL HAVE SEEN PRICE MARKED ON GOODS THAT PRICE IS CALLED MARKED PRICE...

2)THE PRICE AT WHICH A SUBSTANCE IS MADE IS KNOWN AS COST PRICE....

3)THE PRICE AT WHICH A SUBSTANCE IS SOLD IS KNOWN AS SELLING PRICE..

I HOPE THAT IT HELPED YOU MATE☄☄☄

Answer 2

Selling Price :- It means the cost of product at which the product is sold.

Cost Price:- It means the real cost of a product.

Marked Price:- It means the price which is marked on the product.

I hope it'll help you...