Answer:
First off, the cost price is to explain how much the shop will pay to purchase the product and bring it to their store, for example:
Cost Price is the amount paid to purchase an article or the price at which an article is made.
While selling price is how much a customer will pay for it:
Selling Price is the price at which an article is sold.
Also, if the food costs for a dish total 50$, the customer may pay 60$ because he/she also pays for the process.
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