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The 9 Piece Tool Box By Tom Shay
- 31. And your current gross margin is: If you raise your price: 10% 15% 20% 25% 30% 35% 40% 50% 5% 33.3 30.0 25.0 16.7 14.3 12.5 11.1 9.1 6% 37.5 28.6 23.1 19.4 16.7 14.6 13.0 10.7 7% 41.2 31.8 25.9 21.9 18.9 16.7 14.9 12.3 8% 44.4 34.8 28.6 24.2 21.1 18.6 16.7 13.8 10% 50.0 40.0 33.3 28.6 25.0 22.2 20.0 16.7 11% 52.4 42.3 35.5 30.6 26.8 23.9 21.6 18.0 12% 54.5 44.4 37.5 32.4 28.6 25.5 23.1 19.4 15% 60.0 50.0 42.9 37.5 33.3 30.0 27.3 23.1 16% 61.5 51.6 44.4 39.9 34.8 31.4 28.6 24.2 18% 64.3 54.5 47.4 41.9 37.5 34.0 31.0 26.5 20% 66.6 57.1 50.0 44.4 40.0 36.4 33.3 28.6
- 34. 24 Cent Pricing System Cost You add Old Retail Add 24 cents Round up to Minimum Margin .01-.10 .10 .20 .24 .49 80.00% .11-.15 .15 .30 .24 .59 75.00% .16-.20 .20 .40 .24 .69 71.00% .21-25 .25 .50 .24 .79 68.00% .26-.30 .30 .60 .24 .89 66.00% .31-.35 .35 .70 .24 .99 65.00% .36-.40 .40 .80 .24 1.09 63.00%
- 47. A wise man will make more opportunities than he finds . - Francis Bacon