Sufit runs a women’s fashion boutique in Moncton, New Brunswick. A manufacturer of silk blouses in Pakistan will sell her products for 12.96% Pakistan rupees per dozen (36 rupees= $1 Canadian). She wants to order 12 dozen, and has been quotes $144 dollars (Canadian) as the shipping fee. Letters of credit for the order will cost $72. Assume that the Canadian tariff on silk blouses is 10%. Sufit doubles the cost of her clothing to arrive at a selling price. Give the figure for double the cost price. What would you recommend that Sufit charge?
Sufit runs a women’s fashion boutique in Moncton, New Brunswick. A manufacturer of silk blouses in Pakistan will sell her products for 12.96% Pakistan rupees per dozen (36 rupees= $1 Canadian). She wants to order 12 dozen, and has been quotes $144 dollars (Canadian) as the shipping fee. Letters of credit for the order will cost $72. Assume that the Canadian tariff on silk blouses is 10%. Sufit doubles the cost of her clothing to arrive at a selling price. Give the figure for double the cost price. What would you recommend that Sufit charge?
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