UrbanPro

Take Tuition from the Best Tutors

  • Affordable fees
  • 1-1 or Group class
  • Flexible Timings
  • Verified Tutors

What is the diffence between Price and Cost?

Asked by Last Modified  

26 Answers

Learn Tuition

Follow 0
Answer

Please enter your answer

Mathswiz (Expert maths teacher)

Price is the amount a customer pays to purchase a product. Cost is the amount of money spent in producing the product. The difference between Price and Cost, if positive, gives a PROFIT and if negative, creates a LOSS.
Comments

Price is what a customer pay for a service or product while cost is price minus profit.
Comments

price is for customer and cost is for producer or seller
Comments

Result oriented teacher

Cost is the expense that a business incurs in bringing a product or service to market. Price is the amount a customer pays for that product or service. The difference between the price that is paid and the cost that is incurred is the profit the business makes when the item sells.
Comments

Price is what a buyer pays for a buying a product or service. The buyer can be end customer or an intermediary, like retailer, wholesaler or distributor buying it to sell further. Cost is the expenditure, directly or indirectly incurred by the seller of a product or service. The seller can be the...
read more
Price is what a buyer pays for a buying a product or service. The buyer can be end customer or an intermediary, like retailer, wholesaler or distributor buying it to sell further. Cost is the expenditure, directly or indirectly incurred by the seller of a product or service. The seller can be the manufacturer, service provider or an intermediary in sales process. read less
Comments

Cost is the expense that a business incurs in bringing a product or service to market. Price is the amount a customer pays for that product or service
Comments

Price is the amount which customer pays to purchase a product and cost is the amount of money spent of producing the product
Comments

Hindi tutor

Price is the original value of the product at which it is manufactured. Cost is the value at which the product is sold and cost includes all other costs as labour etc.
Comments

Price = Cost + Profit. Price is what a customer is willing to pay for purchase of the product. Cost means the Total cost for making the products. Price include Profit but cost dosen't include Profit.
Comments

Computer wizard, good at languages, expert in south indian dishes,expert in typing,ready to take classes for KG to 8 th standard, diploma in mechanical,electrical,automobile, B.tech - computers, electronics, business analysis, manual testing.

Price includes taxes and incurred value to produce the product but cost is the amount to manufacture it.
Comments

View 24 more Answers

Related Questions

Why red colour is used in traffic signals?
If we consider the VIBGYOR, then we can notice that red is at last, which means that the red colour has the highest wavelength. The main reason why the red colour is used to in the traffic signals to stop...
Ajith
0 0
9
how works iostream.h in c++ ?
Provides functionality to use an abstraction called streams specially designed to perform input and output operations on sequences of character, like files or strings. Objects cin, cout are from iostream...
Souvik
0 0
9
Why any number to the power 0 is 1?
Let 2 to the power 1 that means 2, if 2 to the power 2 means 2*2=4...if there is no power in a number or 0 is the power it indicates value=1.
Velocity Education Academy

"मत्कृतेनापराधेन'' का क्या अर्थ है |

The organization that can take responsibility of animal and escape them from the mishappening that could happen over that and they generally work as a team and inspire people, so that don't harm the animals,...
Rachna
What is the expected salary range for teachers of classes vi - viii and ix - xiii
Anupama, this is a platform for Tuitions. This not a platform for salaried Teachers. You can charge anywhere from Rs500/- to Rs 1000/- per hour for teaching Maths depending upon your expertise level.
Anupama L.
1 0
7

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

Electric current
Brief description about Electric Current:
B

BHARTI Coaching Institute

0 0
1

The Basic about modeling anything into CAD
The most basic problem that a beginner designer faces is - " From where to start" Have you ever wondered while starting to design an object to where should I start from or How am I suppose to know...

English: Letter writing format (Informal)
Informal letters are written to the people who are close to us. They include parents, siblings, friends, neighbours, relatives, etc. FORMAT X.Y.Z, Address line 1, AdAddress line 2, Pin code. Date...
A

Atharva

2 0
0

Company Secretary (CS)
Who should one do CS? Any person interested in legal matters / strategical matters should do it.

Shell Scripting - The underrated programming language of system administrators
It is oft repeated that the next wave of IT is automation. But automation is not new - it existed before in terms of automated installation, sending birthday mails etc. It was not untill you actually...

Recommended Articles

While schools provide formal education to the children, the home is where they start learning about things informally. Parents think that schools will take the initiative to educate their children. Well, this is partially true, as parents also play an essential role in bringing up their child. For the development of particular...

Read full article >

With the mushrooming of international and private schools, it may seem that the education system of India is healthy. In reality, only 29% of children are sent to the private schools, while the remaining head for government or state funded education. So, to check the reality of Indian education system it is better to look...

Read full article >

Learning for every child starts from a very young age. While the formal methods include school curriculums and private lessons, the informal methods include dancing, music, drawing, and various fun-filling activities. Playing games and practising these types of activities helps the children get out of boredom and...

Read full article >

E-learning is not just about delivering lessons online. It has a much broader scope that goes beyond manual paper or PowerPoint Presentations. To understand the reach of E-learning and how the whole process works in developing the Educational system, we will discuss a few points here. Let us find out how this new learning...

Read full article >

Looking for Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you
X

Looking for Tuition Classes?

The best tutors for Tuition Classes are on UrbanPro

  • Select the best Tutor
  • Book & Attend a Free Demo
  • Pay and start Learning

Take Tuition with the Best Tutors

The best Tutors for Tuition Classes are on UrbanPro

This website uses cookies

We use cookies to improve user experience. Choose what cookies you allow us to use. You can read more about our Cookie Policy in our Privacy Policy

Accept All
Decline All

UrbanPro.com is India's largest network of most trusted tutors and institutes. Over 55 lakh students rely on UrbanPro.com, to fulfill their learning requirements across 1,000+ categories. Using UrbanPro.com, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 7.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on UrbanPro.com. Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more