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Our company charges a 4% margin 2007-11-13
From Nadja:
Our company charges a 4% margin on top of a pay rate to obtain the total charge rate. A client is denying that the total charge rate is calculated in the following way:

Pay rate/0.96 = Charge rate

Please could you provide me with an explanation which I can pass on as to why it is calculated in this way?

Answered by Penny Nom.
 
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