Sunday, May 20, 2018

Scheme Calculation

Harpic 500 ml 

MRP = 78   RM = 10%

Net Rate after RM=78/1.10 = 70.90

Scheme = 100 Rs. for 48 Pieces = 2.08 Rs. Per Piece
(2.08 / 70.90)*100 ==> 2.9% Scheme

Net Rate after Scheme=70.90*2.9%   (or)  70.90*0.97 =68.84

Cash Discount  = 68.84*2% -  = 67.46 i.e Landing Price to Retailer.


****Thanks to Abhishek Jamwal (My Ex-Boss)



Note:
1 / 11+1  = 8.3%
1 / 5+1  = 16.6%
1 / 4+1  = 20%

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