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How do you calculate net price on MRP based?

Answer Posted / raj

Let us consider,
MRP Price including Tax - $x
Fright $f
Margin $m
Price after fright and margin= ${x-(f+m)}

Now tax 18%
so, tax $= {x-(f+m)}*0.18

so, Base Price($) ={x-(f+m)} - [ {x-(f+m)}*0.18]

Sale Tax 12.5% = {x-(f+m)}*0.125

Net Price ($) ={x-(f+m)} - [ {x-(f+m)}*0.18]+[{x-(f+m)}*0.125]

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