Overhead charges, if any, are sometimes included in the cost price.
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Find the cost price
Additional expenses made after buying an article are included in the cost price and are known as Value Added Tax.
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cost price The amount paid to purchase an articles or the price at which an article is made is known as its cost price.
On selling an article for Rs 21, a loss was incurred with same percentage as the cost price. Find the cost price
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A T.V. costs Rs 29,430 inclusive of sales tax. If the sales tax is charged at the rate of 9% of the cost price, find the list price of the T.V.
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