Question

What is the full form and meaning of MRP?​

Answer 1

Hlw mate

Here is your answer

Maximum retail price

Since as per law, a product cannot be sold higher than the MRP, in many cases this is shown to be higher than the actual desired price, the difference showing up as discounts.

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Answer 2

Answer:

Maximum Retial Price.

Explanation:

• A maximum retail price (MRP) is a manufacturer calculated price that is the highest price that can be charged for a product sold in India and Bangladesh. However, retailers may choose to sell products for less than the MRP.