What is the difference between Cost and Price?

Question

I'm currently reviewing code that edit a shipping method and there's

$method->setCost([int]);
$method->setPrice([int]);

What is the difference between those two? When should they be different or the same?

Thanks

I think I found it while asking, cost is what the merchant pays and price is what the customer pays. — Pobe, Commented Mar 4, 2015 at 22:20
Yes, that's the definition of these words ;-) Feel free to add it as an answer and accept your own answer as soon as the site allows it. — Fabian Schmengler, Commented Mar 4, 2015 at 23:20

Pobe · Accepted Answer · 2015-03-05 00:13:24Z

11

The cost is what the merchant pays.

The price is what the customer pays.

answered Mar 5, 2015 at 0:13

Pobe

3332 silver badges9 bronze badges

Add a comment |

1 Answer 1