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Mama L [17]
2 years ago
5

Two difference between cost price and selling price with examples​

Social Studies
1 answer:
Nikolay [14]2 years ago
8 0

Answer:

First off, the cost price is to explain how much the shop will pay to purchase the product and bring it to their store, for example:

Cost Price is the amount paid to purchase an article or the price at which an article is made.

While selling price is how much a customer will pay for it:

Selling Price is the price at which an article is sold.

Also, if the food costs for a dish total 50$, the customer may pay 60$ because he/she also pays for the process.

I hope this answers your question :) If it does, and if you want to, mark me brainliest :)

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