What is sales and sale price?

Answer 1

Sales is an activity in economics, commerce and business. Sale is exchanging goods and services for the monetary value. In olden days sales was performed by barter system The agents of sales are buyer and seller. Sales comes after production and transport in the market. Sales can be wholesale or retail sale. By sales we attribute the cost of production, service and transport.

The object of sales can be the commodity or service as consultation, teaching, nursing, assistance. The value for the service is termed as salary and the value of the commodity is termed as price.

The sales incurs profit or loss, inflation or surplus. When the monetary value is more and goods are in scarcity, it causes inflation. When there is surplus, the price falls and there incur loss to the retail producers.

Once the sales price was subject to stock exchange in the world market. Today it affects also in money trade. There's a lot of competition between the USD/Euro/and £ British pound. Once the sales depended upon the monopoly of USD but today the European market counter bats the USD. The sales price depends upon the petrol price. The petrol is the monopoly of the gulf county. If the petrol is exchange for USD or Euro, the price of all commodities will depend upon this ratio. The sales in the individual countries get affected by the world trade market. Today all the countries export the production to the foreign countries and the citizens have an attraction to the foreign goods. This transaction affects the sales price. The nations need to control their economy.

Answer 2

A discount is an amount by which the price of a product is reduced for a sale. It is usually expressed in percentage terms but may be given as BOGOF (buy one get one free), or three for the price of two or some variant. The sale price is the price of the product during the sale.