Pricing Executive Interview Questions and Answers

The MRP price can be calculated by adding the discount and profit to the product cost.

• To calculate the MRP price, first calculate the discount amount by multiplying the product cost by the discount percentage.

• Subtract the discount amount from the product cost to get the discounted price.

• Next, calculate the profit amount by multiplying the discounted price by the profit percentage.

• Add the profit amount to the discounted price to get the MRP price.

Calculate cost price after applying a 40% discount while achieving a 50% profit margin.

• Let the cost price (CP) be 'x'.

• Selling Price (SP) after 40% discount on marked price (MP) is SP = MP - 0.4 * MP = 0.6 * MP.

• If profit is 50%, then SP = CP + 0.5 * CP = 1.5 * CP.

• Equating both SP expressions: 0.6 * MP = 1.5 * CP.

• Assuming MP = 1.5 * CP / 0.6, we can find CP.

Types of containers include dry containers, refrigerated containers, open-top containers, flat rack containers, and tank containers.

• Dry containers are the most common type used for general cargo

• Refrigerated containers are used for perishable goods

• Open-top containers have a removable top for easy loading of oversized cargo

• Flat rack containers have collapsible sides for easy loading of heavy or oversized cargo

• Tank containers are used for transporting liquids or gases

Cargo mode transportation refers to the various methods of transporting goods from one place to another.

• Includes modes such as air, sea, road, and rail transportation

• Each mode has its own advantages and limitations

• Air transportation is fast but expensive, sea transportation is cost-effective but slow

• Road transportation is flexible for short distances, rail transportation is efficient for long distances