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Visit Extramarks to learn more about the Selling Price Formula, its chemical structure and uses. The selling price is the cost incurred by the consumer to purchase the good. Click for more information and facts on selling price. In our daily life, whenever we go to the market to buy something, we need to pay an amount of money to the shopkeeper. This amount is the selling price of that commodity. Sometimes we need to find the selling price of the commodity. Let us now study selling price formula in detail. Understand the selling price formula and its real-life applications. Learn how to calculate selling price with a detailed example and solve problems related to profit and loss.