How do you get more than 100 percent profit margin?

Answer 1

If you buy something for £1 and sell it for £3, then you've made 200% profit.

Edit

It is impossible to have 200% profit margin

It's also impossible to have a 100% profit margin

You can have a 200% MARKUP

But profit margin formula is 1 - (1 / (1 + (Markup))

So example

lets say you buy something for £1 and sell it for £3 then your markup 200% or £2

Your profit margin = 1-(1/1+(£2))

Profit margin = 67%