answersLogoWhite

0


Best Answer

The gross price is the basic price. Adjust for any discuont, add any relevant taxes and you get the net price.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What does gross price and net price?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Calculate gross price to net price?

Gross price-expenses=net price


What does gross price and net price mean?

The gross price would be the price before deductions. The net price is after deductions.


How do I calculate net price to gross price?

The formula is Gross = Net * ( Tax rate / 100 + 1) You can also use this site to calculate Gross/Net Price. http://jumk.de/bank-formulas/gross-net.shtml


How do you calculate net price?

To calculate the net price of a given commodity, subtract the expresses from the gross prices. The new figure is will be the net price.


How do you calculate net-price?

To calculate the net price of a given commodity, subtract the expresses from the gross prices. The new figure is will be the net price.


Gross sales price vs net sales price?

Gross sales is the total value of sales before any deductions. Net sales is what is left of the gross sales after deductions and expenses, including discounts, returns and allowances.


Is the brokerage will be included in net price?

It is only in the gross price that brokerage/commission amount will be shown in the invoice.


What is net net pricing?

"Net Net" is a business term for the absolute, final, "bottom line" cost of an item, after all discounts, fees, charges, etc. have been calculated.


How are net and gross adjustments on a real estate appraisal calculated?

The net adjustment is the percentage difference between the sales price of the comparable and the net result of the adjustments. Gross adjustments are the percentage of total gross sum of adjustments of that particular comparable in relation to it's sales price. For example if a comparable has received both upward adjustments and downward adjustments it may have a net adjustment of very little. However, the total amount of adjustments made could be significantly higher, resulting in a higher gross adjustment factor for that particular comp.


What is the difference between net price and gross price?

For when the VAT rate was 17.5%, to get the amount before VAT you needed to divide by 1.175 Now the UK VAT rate is 20%, you need to divide by 1.2 Example: If the price before VAT was £100, and VAT is 20%, then the price after VAT is £120. So to work it out backwards: If you know the price after VAT is £120 and you want to know the price before VAT: £120 divided by 1.2 = £100 Hope that helps.


Define net price?

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.


What is Net Selling Price?

The gross sales priceis the price that the customer pays, including sales tax. Thenet sales priceis the price without sales tax.