Menu

Selling Price for Dummies

noun

pronunciation: 'sɛlɪŋ_praɪs

What does Selling Price really mean?

45 1
45
Selling Price:

Hey there! So, I'm here to help you understand what "Selling Price" means. Don't worry, I'll make sure we keep things simple and easy to understand. Now, imagine you have something, like a toy or a book, that you want to sell to somebody else. The selling price is basically the amount of money that you ask the person to pay you in order to buy that thing from you.

It's like when you go to a store and see a toy you really want. The store has a price tag on it, right? That's the selling price. If you want to buy it, you need to pay the store the amount of money written on the price tag. Easy, right?

But wait, there could be more to it! Sometimes, the selling price could also include other things, like taxes or fees. For example, when you buy something online, there might be an extra cost for shipping or delivery. So, the selling price could include all those extra charges too.

Now, let's think about selling something that you made, like a cool drawing or a craft project. When you sell those things, you can decide how much money you want to get for them. That amount is your selling price. You can set it based on how much time and effort you put into making your cool creation.

So, to sum it up, the selling price is the amount of money you ask someone to pay you when you want to sell something to them. It's like the price tag at a store, and sometimes it includes extra charges, like delivery fees. And if you make something yourself, you get to decide how much money you want for it – that's your selling price.

I hope this explanation made it easier for you to understand what "Selling Price" means. If you have any more questions, feel free to ask!

Revised and Fact checked by Daniel Clark on 2023-10-30 02:28:51

Selling Price In a sentece

Learn how to use Selling Price inside a sentece

  • When you go to a store to buy a toy, the selling price is the amount of money you have to pay to take the toy home.
  • Imagine you have a lemonade stand and you sell a glass of lemonade for $1. That $1 is the selling price of the lemonade.
  • If you have a comic book and you want to sell it to your friend for $5, then $5 is the selling price of the comic book.
  • Let's say you want to buy a new bike and the bike shop lists the price for $200. That $200 is the selling price of the bike.
  • If you decide to have a garage sale and you sell an old toy for $10, then $10 is the selling price of the toy.

Selling Price Synonyms

Words that can be interchanged for the original word in the same context.

Selling Price Hypernyms

Words that are more generic than the original word.

Selling Price Hyponyms

Words that are more specific than the original word.