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Old 12-05-2009, 19:50   #36
turkishdelight
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Re: Thinking of opening a business

Quote:
Originally Posted by andrewb View Post
If I buy something for £100 and sell it for £200 it's 100% markup and profit in the way I'd work it out. As the amount of profit compared to what it costs is 1:1.
Thats exactly how i work it out its hundred percent profit on what you purchased the item at as you state on the claim buy an item for 100 pounds and sell for 200 pounds, but really i guess you have to get the item for nothing then if you sell it for 100pounds it would be classed as 100 percent profit as i see it.
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