what is net price
Net price is the value at which a product or service is sold after all taxes and other costs are added and all discounts subtracted. Net price is what the sellerâs customers pay. Amounts subtracted from a list price to arrive at a net price include sales and other discount amounts, rebates and any amounts negotiated between the customer and the seller. Additional amounts may include charges for added value, royalties, shipping, duty, taxes, service and installation.