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To: Lizzie Tudor who wrote (58301)11/4/2006 1:47:48 AM
From: Cogito  Read Replies (1) | Respond to of 213181
 
Lizzie -

It's always good to have a friend in the business.

You probably already know this, but as people who know the retail business will tell you, markups are always figured as a percentage of the sale price. Therefore, something you sell for twice what you pay for it has a markup of 50%.

It's not possible to have a markup of over 100% unless your suppliers pay you to take the goods you sell.

;-)

- Allen