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Originally Posted by bob_builder
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.
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I stand corrected, apologies to all.