Ex-showroom Price vs On-road Price
Ex-showroom price is the price of an asset like two-wheeler or four-wheeler, which includes cost of manufacturer, dealer margin, transportation, etc. On the other hand, On-road price includes charges like...
Price vs Cost
The key difference between the two is that, the term ‘price’ is defined as the amount that the customers pay for a product, whereas the term ‘cost’ is defined as the amount spent by a business in making a...