Price lists

key notes :

Definition of a Price List

• A price list is a list of items along with their prices.
• It helps customers know how much they need to pay for different products or services.

Purpose of a Price List

• Helps customers compare prices before buying.
• Makes shopping easier by showing the cost of each item.
• Helps businesses keep track of product pricing.

Common Features of a Price List

• Item Name – The name of the product or service.
• Price – The cost of the item (e.g., in dollars, rupees, etc.).
• Quantity – Sometimes, prices are listed for different quantities.
• Discounts – Some price lists include discounts or offers.

Reading a Price List

• Look at the item name to find what you need.
• Check the price to see if you can afford it.
• Compare prices of similar items.

Examples of Price Lists

• A restaurant menu showing food prices.
• A grocery store list with product prices.
• A stationery shop listing prices of books and pens.

Understanding Price Differences

• Prices can change based on quality and brand.
• Some stores may have different prices for the same item.
• Offers and discounts may reduce the actual price.

Learn with an example

let’s practice!