Question

write a note on cost price, marked price,selling price,profit,loss,discount and overhead charges
those who tell this pefectly i will mark them as brainaliest

Answer 1

cost price =the money paid by the shopkeeper/vendor to purchase the articles or goods from a manufacturer or wholesaler is known as a cost price.
Marked price=the price of an article either printed on its wrapper or and a price tag which show the price of it and known as marked price.
Selling price=the price of articles or goods at which a shopkeeper/vendor self them is known as selling price
Profit=when selling price of an article is more than the cost price is known as profit
Loss=when selling price of an article is less than the cost price is called loss.
Discount=in order to increase the sale or clear the stocks generally shopkeepers provide certain percent of rebate on marked price which is known as discount.
Hope its helpful to you.....