If what you propose to do is purchase the product at the cheaper shop and then turn around and sell it at the price being charged at the other shop, and if you have no other costs, then your profit would be Rs 450 on a Rs 450 investment, for a profit rate of 100% (return on investment), and your margin or mark-up would also be 100%.
Rohit S.
asked 02/03/19Profit Percent and margin percent
Suppose the price of product is Rs900 in one shop,and the same product I get at Rs450 from other shop. Can you please tell me how much Profit % and Margin % I will get?
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