0
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%
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
Is 6.7 more or less than 67 percent?
6.7 is more than 67 percent, as it is the same as 670 percent.
Can a percent of an increase be more than 100 percent?
Yes, it can.
What is 30 percent more than 500ml?
30% more than 500ml = 650ml.
What is 200 percent more than 7.50?
22.50
What percent is 10201 more than 10000?
102.01%
Is alcohol profit margin higher than food profit margin in restaurant business?
Yes alcohol profit margin is much higher sometimes as high as 500% profit. My best friend owns a trendy bar in Newport Beach, California for the last twenty years and has told me his profit margin.
What if the gross profit margin is lower than the benchmark?
It means that business has not perform upto banchmark performance and either company has less sales or more expenses due to which profit margin is less then market benchmark rate.
What is considered a small profit margin?
Well, if you making less than 5% of the gross sales as your profit after all expenses, then you have small profit margins.
What is the primary reason that Adidas's Gross Profit margin was higher than Nike's?
acx
What is the dealer's profit margin on John Deere X340 Lawn Tractor?
Less than 10%they
What is the meaning of 5 percent profit?
That the selling price is 5% or 1/20 more than the cost.
What is the difference in gross profit and net profit?
GROSS PROFIT Gross Profit is the difference between Net Sales and Cost of Goods Sold. First, Net Sales is calculated by subtracting Sales returns and allowances from Sales. Sales - Sales Returns and Allowances = Net Sales Next, Gross Profit is calculated by subtracting Cost of Goods Sold from Net Sales. Net Sales - Cost of Goods Sold = Gross Profit Gross Profit is expressed as a dollar figure, like $100. If Cost of Goods Sold exceeds Net Sales, Gross Profit figure will be negative. PROFIT MARGIN Profit Margin is not a dollar figure. Profit Margin shows the percentage of each sales dollar that results in net income. First, Net Income is calculated by subtracting Operating Expenses from Gross Profit. Gross Profit - Operating Expenses = Net Income Next, the Profit Margin ratio is constructed, and the result is expressed as percentage. Net Income : Net Sales = Profit Margin For example, assume that Net Income equals $10,000 on Net Sales of $100,000. In this case Profit Margin equals $10,000 : $100,000 = 0.10 = 10%. GROSS PROFIT MARGIN Terms "Gross margin" and "Gross profit margin" have been invented by some enterprising accounting students. These terms are part of accounting jargon in some colleges. The meaning of those terms is very liberal, - it means whatever one wants it to mean. For example, "Gross Profit" may mean either Gross Profit or Profit Margin. Most likely, it means that the speaker does not know the meaning of either one of the terms. But "Gross Profit Margin" surely takes the cake. It's just a mouthful piece.
What is low margin business?
The profit is small. The expenses are slightly less than the gross income. Restaurants and grocery stores work on a small margin, but make up for it with a large sales volume.
What are the features of Commodity Future Option Trading?
All futures are bought and sold on margin. Profit and loses are magnified. The risk of leverage puts you at a risk of losing substantially more than you put in.
What is the profit margin on a Rolex?
Dealers list price onwatches 50% gross margin - 100% markup. The profit margin on the selling price to the dealer is not reported but if you look at a $7000 watch at retail that the dealer buys for $3500, the cost of materials is rather low. They've been making these watches for a long time so it is difficult to believe the manufacturing cost would be more than $700. That would give Rolex an 80% GPM on their resale to the dealer.
Why can't percent be more than 100?
because cent means 100 such as century means 100 years. When you sey percent you are saying per 100. However because numbers are abstract, you can have more. such as 110% profit
Is 0.15 percent more than .075 percent?
Is 0.15 percent more than .075 percent?
