Ratio of MRP to Average Selling Price
I propose a rule is made that the ratio of MRP to Average Selling Price should not exceed 2 in any circumstances. This will drastically reduce fictitious mrp business
This means that a product with average selling price of 50 rupees should not have a MRP of 101. 100 rupees is ok.
This will ensure that manufacturers publish only realistic mrps on their products.
Like everyone's constructive thoughts... more