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hi guys in the previous videos we have seen how to solve consignment problems which we are based on the cost price now in this video I am going to touch a new sub topic which is called as invoice price so now what is invoice price invoice price means when goods when goods are sent by the consignor by the consignor at a price at a price higher than the cost price higher than the cost price the only term which is very important here is price higher than the cost price for example if the cost is hundred the invoice price would be higher than the cost would be higher than the cost it would be 125 160 etc etc okay so mathematically we can put this definition into a formula which is invoice price equal to cost plus profit if an item cost hundred and it it is invoiced at 125 then it is obvious that there is an element of profit in it which is 25 in this case 25 percent of 100 is 25 right so it is 125 so invoice price is also called as the loaded price why because it is loaded with profit so w