Various Rule: Percentage on Freight

The Percentage on Freight rule calculates the amount as the cargo freight the various item is created for divided by 100 and multiplied by the entered rate.

Amount=CargoFreight÷100×RateAmount = Cargo Freight \div 100 \times Rate

For example, if the cargo freight is 100,000 USD, and various rate is 10 EUR, the various amount will be 100,000 / 1.2 / 100 * 10 = 8,333.33

100,000÷1.2÷100×10=8,333.3(3)100,000 \div 1.2 \div 100 \times 10 = 8,333.3(3)

where 1.2 is the exchange rate between USD and EUR.


circle-exclamation

Important notes about the Percentage on Freight rule

Last updated

Was this helpful?