Course Content
STD X – COMMERCIAL MATHEMATICS – EINSTIEN
About Lesson

Before we begin the computation of tax we need to understand the terms related to individuals buying or selling goods and services

DEALER

A dealer is an individual who buys goods and services for RESALE and not DIRECT CONSUMPTION. Which means he buys the product to forward it to CONSUMERS

COST PRICE:

The price at which the dealer buys the product is called as COST PRICE

LIST PRICE

List price is the marked or quoted price of the product set by the dealer

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