This refers to the price which a seller or a merchant purchased a good and this would be a good determinant to find out the selling price so that he could make a good profit.
This refers to the price which a good is sold and there are several factors which are taken into account such as:
Mathematically, the profit= Cost price - Selling Price (Expenditure)
Please note that your question is incomplete so I gave you a general overview so that you could have a better understanding of the concept.
Read more about cost price here:
https://brainly.com/question/19104371
