RRP Abbreviation
Looking for RRP abbreviation? We have got you covered in this guide. We have listed down different possible abbreviations of RRP in various groups like Business, Indian Railway Station, Governmental, Medical, Computing, and Real Estate.
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Popular abbreviations of RRP:
Searching for RRP abbreviation / RRP full form leads to different results in different categories. The below table illustrates the popular acronyms among them.
| Term | Abbreviation | category |
|---|---|---|
| RRP | Recommended Retail Price | Business Terms |
| RRP | RAIRANGPUR | Indian Railway Station |
| RRP | Ram Rajya Parishad | Firms & Organizations |
| RRP | Akhil Bharatiya Ram Rajya Parishad | Firms & Organizations |
| RRP | Radical Retropubic Prostatectomy | Treatments & Procedures |
| RRP | Recovery And Resolution Plans | Software & Applications |
| RRP | Retail Ready Packaging | Business Terms |
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What does RRP mean?
RecommendedRetailPrice (RRP) or Manufacturer’s suggested retail price (MSRP) is the selling price of the product which is suggested to the retailer by the product’s manufacturer.
- In India and Bangladesh, every product has a fixed Maximum Retail Price (MRP) in every part of the country.
- In the United Kingdom, the list price of a product is referred to as Recommended Retail Price (RRP).
- In the United States, the product’s list price is the Manufacturer’s Suggested Retail Price (MSRP).
Purpose of Recommended Retail Price
- The primary purpose of setting a recommended retail price is to keep the cost of product uniform in all selling outlets or retail shops.
- RRP makes sure that there are no deceptive product price practices in different retail stores.
- RRP ensures that the price of essential goods always remains reasonable.
- RRP is decided by the manufacturers so that wholesalers, distributors, and retailers get their share of profit from the particular product.
- RRP is considered the base price of a product, while the retailers can charge above RRP for a product or sell the product below RRP by giving discounts.
Calculation of Recommended Retail Price
RRP= [ cost of product/ (100- markup percentage)] x 100
RRP of the product may set the product’s price very high. So, the retailers have gone through price-fixing to compete.
Sometimes, the shopkeepers and stores charge less than RRP in the name of discounts to enhance the sales of products or due to unrealistic high prices. Retailers fix the price of the product based on its wholesale cost.
Can the retail price be higher than RRP?
Yes, retailers can sell the product slightly higher than the recommended retail price. While, when the competition goes high, the retailer has to give a rebate on RRP to attract buyers.
All Abbreviations of RRP in 12 categories:
If you are looking for RRP meaning in a specific category, check out the detailed sections below. We have segregated the acronyms based on their category and grouped them in each section.
RRP abbreviation in Business:
What does RRP mean in Business category? We have listed down 5 abbreviations. Here are the details:
| Term | Abbreviation |
|---|---|
| RRP | Recommended Retail Price |
| RRP | Retail Ready Packaging |
| RRP | Rishi Rich Productions |
| RRP | Recomended Ripoff Price |
| RRP | Ribbon Rail Productions |
RRP abbreviation in Indian Railway Station:
What does RRP mean in Indian Railway Station category? We have listed down 1 abbreviations. Here are the details:
| Term | Abbreviation |
|---|---|
| RRP | RAIRANGPUR |
RRP abbreviation in Governmental:
What does RRP mean in Governmental category? We have listed down 8 abbreviations. Here are the details:
| Term | Abbreviation |
|---|---|
| RRP | Ram Rajya Parishad |
| RRP | Akhil Bharatiya Ram Rajya Parishad |
| RRP | Radio Reconnaissance Platoon |
| RRP | Return Review Program |
| RRP | Regional Residential Permit |
| RRP | Regional Response Plan |
| RRP | Radical Republican Party |
| RRP | Rashtriya Republican Party |
RRP abbreviation in Medical:
What does RRP mean in Medical category? We have listed down 2 abbreviations. Here are the details:
| Term | Abbreviation |
|---|---|
| RRP | Radical Retropubic Prostatectomy |
| RRP | Recurrent Respiratory Papillomatosis |
RRP abbreviation in Computing:
What does RRP mean in Computing category? We have listed down 1 abbreviations. Here are the details:
| Term | Abbreviation |
|---|---|
| RRP | Recovery And Resolution Plans |
RRP abbreviation in Real Estate:
What does RRP mean in Real Estate category? We have listed down 1 abbreviations. Here are the details:
| Term | Abbreviation |
|---|---|
| RRP | Renovation, Repair and Painting |
RRP abbreviation in Academic & Science:
What does RRP mean in Academic & Science category? We have listed down 2 abbreviations. Here are the details:
| Term | Abbreviation |
|---|---|
| RRP | Rural Retention Program |
| RRP | Recovery And Resilience Plans |
RRP abbreviation in Technology:
What does RRP mean in Technology category? We have listed down 3 abbreviations. Here are the details:
| Term | Abbreviation |
|---|---|
| RRP | Readily Releasable Pool |
| RRP | Rapid Refuel Point |
| RRP | Road Ready Plus |
RRP abbreviation in Sports:
What does RRP mean in Sports category? We have listed down 1 abbreviations. Here are the details:
| Term | Abbreviation |
|---|---|
| RRP | Robinson Racing Products |
RRP abbreviation in Transport & Travel:
What does RRP mean in Transport & Travel category? We have listed down 1 abbreviations. Here are the details:
| Term | Abbreviation |
|---|---|
| RRP | Regional Rail Plan |
RRP abbreviation in Space Science:
What does RRP mean in Space Science category? We have listed down 1 abbreviations. Here are the details:
| Term | Abbreviation |
|---|---|
| RRP | Rudder Reference Plane |
RRP abbreviation in News & Entertainment:
What does RRP mean in News & Entertainment category? We have listed down 1 abbreviations. Here are the details:
| Term | Abbreviation |
|---|---|
| RRP | Research Reports In Physics |
Frequently Asked Questions (FAQ)
Q. What is the abbreviation of RRP in Business?
Recommended Retail Price | Retail Ready Packaging | Rishi Rich Productions | Recomended Ripoff Price | Ribbon Rail Productions
Q. What does RRP stands for in Indian Railway Station?
RRP stands for RAIRANGPUR in Indian Railway Station category.
Q. What is the RRP meaning in Governmental?
Ram Rajya Parishad | Akhil Bharatiya Ram Rajya Parishad | Radio Reconnaissance Platoon | Return Review Program | Regional Residential Permit | Regional Response Plan | Radical Republican Party | Rashtriya Republican Party
Q. What is the abbreviation of RRP in Medical?
Radical Retropubic Prostatectomy | Recurrent Respiratory Papillomatosis
Q. What is the abbreviation of RRP in Computing?
The full form of RRP is Recovery And Resolution Plans in Computing category.