Restaurant in Jaipur Charging a price higher than MRP?
Restaurant in Jaipur Charging a price higher than MRP? Have you ever been charged more than MRP for your cold drinks, bottled water or other packaged food? I always wondered why the price for the same water bottle is different at different locations. At Meraaki Kitchen , we did our research and might solve some of your queries. Read further to understand why restaurants in Jaipur or elsewhere in India charge a price higher than MRP. Know what is MRP MRP is also known as Maximum Retail Price and is printed on the products by manufacturers. It often refers to a no. above which no shopkeeper can sell the product. The MRP is inclusive of factors like cost of production, transportation, taxes and the profit margin. It is mandatory to have MRP printed on all the products. The manufacturer calculates MRP after a lot of research and planning. Rules for MRP Ever wondered why a shopkeeper charges a different amount for the same wa...