How is MRP calculated?
Answer (1)
30th Nov, 2022
The MRP is calculated using the formula which is :
Maximum Retail Price = Manufacturing Cost + Packaging Cost + margin of profit + CnF Margin + Stock Margin + Retail Margin + GST + Shipping + Marketing or Advertising Expenses + Other Reasonable Expenses
Comments (0)
Related Questions
Does MRP include GST?
28 Views
Who introduced MRP in India?
31 Views
What are SRP and MRP?
197 Views
How is CTC calculated?
21 Views
How is IIP calculated?
39 Views
