PTR and PTS Calculator
PTR and PTS Calculator with GST for PCD Pharma Franchise in India
What is MRP?
MRP means Maximum Retail Price. It is the price at which customers will purchase medicine from a retail pharmacy store. It is inclusive of GST.
What is PTR ?
PTR means Price to Retailer. It is the price at which Retail pharmacy will purchase any medicine from the pharma stockists. It is exclusive of GST.
What is PTS ?
PTS means Price to Stockist. It is the price at which any pharma company will give its goods to pharma stockists or distributors. It is exclusive of GST.
How to calculate PTR ? Formula to Find PTR
To calculate the PTR first we have to calculate Net Margin and GST Factor.
Net Margin (It is Inclusive of GST)
To calculate the Net margin directly minus the Retail % from MRP
Net Margin = MRP - Retail %
GST factor (Which is useful to minus GST amount from net margin)
GST Factor = 100 + GST% / 100
PTR = Net margin / GST Factor
How to calculate PTS ? Formula to Find PTS
PTS = PTR - Stockist %
Example
Suppose,
MRP = 100
Retail % = 20 %
Stockist % = 10%
GST% = 12 %
Net Margin = MRP - Retail %
100 - 20% = 80
GST Factor = 100 + GST% / 100
100 + 12 / 100 = 1.12
PTR = Net margin / GST Factor
80 / 1.12 = 71.42
PTS = PTR - Stockist %
71.42 - 10% = 64.28
Special Instruction to calculate PTR and PTS.
TO calculate Net margin of any given MRP, minus the Retail % from MRP.
To find correct Net margin of any MRP please calculate like this.
Net Margin = MRP - Retail %
So always calculate PTR and PTS as per the above explanation only.
PTR PTS Calculator Android app
Download PTR PTS android app and calculate on the go in your smart phone
