answersLogoWhite

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%

User Avatar

Wiki User

13y ago

Still curious? Ask our experts.

Chat with our AI personalities

JudyJudy
Simplicity is my specialty.
Chat with Judy
LaoLao
The path is yours to walk; I am only here to hold up a mirror.
Chat with Lao
BlakeBlake
As your older brother, I've been where you are—maybe not exactly, but close enough.
Chat with Blake

Add your answer:

Earn +20 pts
Q: How do you get more than 100 percent profit margin?
Write your answer...
Submit
Still have questions?
magnify glass
imp