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Originally Posted by Chrysalis
If said costs are £10 and turnover is £20 that equates to 100% profit so yes it is possible. 200% is possible and so on.
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Not quite...
If the cost price is £10 and the sale price is £20 then the profit is £10, which is a percentage profit of 50%.
The markup is £10 and is a 100% markup.
Therefore it is possible to have 100%, 200%, etc. markup but never possible to have higher than 100% profit and only then if the cost price was free.