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Goto Transaction VK11.

Give the condition type PJ01 & press Enter. Choose the Third(3rd) option for new price.

Click the green key here.

Give the material (BSWD) for which the the new price is applicable & press enter. Give the new price in the amount box, unit(like INR),per(like one) ,Unit of Measurement(UOM)(like IT) & valid from date & press enter & save the data. look at the below Screen.