Payment

What is supply rate?

by COSN posted Nov 15, 2023
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Supply rate is the contrary concept of discount rate.

 

If the supply rate of A brand is 55%, it means we supply A brand at 45% of the retail price.

 

For example:

The retail price of A product is 10,000 won and supply rate is 55%,

5,500 won (=10,000 X 55%) is the wholesale price of A product.