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what is the full form of mrp
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General Medicine
Question #23372
4 hours ago
10

what is the full form of mrp - #23372

Dylan

I am really confused about something and hope someone here can help me out! So, I went to the pharmacy the other day to get some medicines, and the guy at the counter kept talking about “MRP” like it was super important. But I honestly have no clue what is the full form of MRP. They were quoting prices and everything, and I felt so out of the loop! I was just trying to understand if it’s some kind of regulation or just a pricing thing. Like, does it affect how much I pay? Because I noticed that some medicines have a much higher MRP than what I actually paid after discounts or whatever. Kinda makes me wonder why there's even a difference, ya know? Honestly, I thought I understood pricing, but now I feel like I missed a crucial class or something! Can someone break it down for me? What exactly is the full form of MRP and does it always mean the same thing in every store or is it different for pharmacies? Thanks a lot!

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Doctors’ responses

MRP os maximum retail prise, pharmacist can sell you at, the amount charged may be low due to, 1.Discount offered ,The store is charging less than MRP , which is totally legal. 2.Different brands Two medicines with the same ingredients may have different MRPs based on branding. Do worry you can not be charged more than MRP.

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