Question: How to determine the Margin with the information below? Your vendor/supplier calls and says they need to go up 10% on your cost. You currently

How to determine the Margin with the information below?

Your vendor/supplier calls and says they need to go up 10% on your cost.

You currently have a 20% Gross Margin.

If you don't change your retail, what will your new gross margin % be?

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