View Single Post
Old Jan 18, 2007 | 01:22 PM
  #56  
Tark's Avatar
Tark
Senior Member
 
Joined: Jun 2004
Posts: 30,331
Likes: 0
From: Montréal, Canada
Default

the dude is right....

Profit ($250) = price of sell($500) - cost($250)

Profit is usually on revenue so

(Profit)250/500(revenu) * 100 = 50% profit margin

In order to get 100% profit, the product you are selling must have NO cost associated to it.
Reply