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Original quotation made by one Chinese exporte
问题详情
Original quotation made by one Chinese exporter for articles X is USD2000 per metric ton CFR Rotterdam. Suppose the importer asks for CIF price, insurance to be made for 110% of the invoice value against All Risks and War Risks (premium rate for each is 1% and 0.03% respectively) . Please calculate the CIF price.
参考答案
CIF=CFR÷[1-Premium Rate×(1+Markup Percentage)]
=2000÷[1-110%×(1%+0.03%)]
=USD2022.92