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Difference between Cost, Full and selling price ?
Difference between Cost, Full and selling price ?

A guide on the difference between the cost, full and selling price in Salonist.

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Written by Mark
Updated over a week ago

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.)

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