ENTREPRENEURSHIP

Detailed explanation-1: -What is a selling price? The selling price is how much a buyer pays for a product or service. It can vary depending on how much buyers are willing to pay, how much the seller is willing to accept, and how competitive the price is in comparison to other businesses in the market.

Detailed explanation-2: -Cost price = Selling price − profit ( when selling price and profit is given ) Cost price = Selling price + loss ( when selling price and loss is given ) Cost price = 100 × S e l l i n g P r i c e 100 + P r o f i t % ( when selling price and profit % is given )