Cost Price: The cost price is the amount that a business pays to acquire a product. This includes the cost of purchasing the product from a supplier.
Selling Price: The selling price is the amount at which a product is sold to customers. It is set by the business and generally includes the cost price plus a markup, which covers overhead expenses and profit margins. The selling price is what customers pay to purchase the product.
Full Price: It refers to the price at which an item is sold without any discounts or promotions.
(Note:- Cost price and Selling price should not be more than the Full Price.)