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on 18-03-2018 12:40 AM
@1688storewrote:To answer your question:
@Let's say you sold only 100pcs @ $6.20 per item = $620.00
Lets say you self insure only $20
@What if there are 10 INR cases against you. $20 will only cover 3pcs @ $18 and you will be making a loss of $42.
My suggestion was an example only. If you need to cover $62 for every 100 sales, then you charge $6.60 or $6.65, rather than $6.00.
Are you worried that you'll experience a 10% INR rate, or is that the actual rate you're experiencing?