currently we get it at retail price + 60% = 100 + 60 = 160 (which is 5,50,000)
so to arrive at the correct retail figure we have to use the formula 160/160*100 = 100 (which is 5,50,000/160*100) = 3,43,750
and then we add our registration and insurance and other basic taxes which will make it close to 4.25L





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