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Cost and price concepts scramble

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Hidden Author
Hidden Author
Lebanon

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Buying and Selling Code BuilderOnline version

Cost and price concepts scramble

by Hidden Author
1

The money spent to acquire a product.

                          
  
  
  
     
  
  
  
  
2

Money earned from selling a product.

                          
  
  
     
  
  
  
  
  
3

When the selling price exceeds the cost, earnings result.

                       
  
  
  
  
  
     
  
4

Difference between revenue from sale and the cost of the item.

                 
  
  
  
  
  
  
5

An example showing how to find the difference between two amounts.

                    
     
        
  
  
6

The cost value of an item is sixty thousand.

           
  
  
  
  
7

The price at which the item is sold is eighty-five thousand.

           
  
  
  
  
8

If the selling price is higher than the cost by twenty-five thousand, there is profit.

                             
  
  
     
     
     
  
  
 
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