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Define net price

Updated: 12/23/2022
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14y ago

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The net price of an object is the actual cost the store pays for the object they are selling. The selling price is the retail sale price.

For example: I may buy a CD for $3.20 delivered to my door. That is the net price of that item.

I will sell the $6.00. That is the retail price. The difference is gross profit. Net profit takes into account the internal costs of selling. This includes rent, power and labor.

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14y ago
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