bigfool1956;283885 Wrote: > Pity about the newspaper style percentage. If something costs you $15, > and you direct retail it for $300, that's 95% profit, not 2,000%. > > If you think different, then you are the corporate tax man's friend, > and I'm not employing you to do my company's accounts :))) By who's accounting? Doubling your money is a 50% markup. Your profit margin is 50% of the selling price. The reality is I wouldn't want to be your customer as I'm sure you would say there is no profit to the tax man anyway as you marked it up to 300. In your example that would be a 500% profit margin.
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