Re: Possible to make 300 % profit!!

["Eddie Stakes" <eddiestakes@xxxx>]

Onree, with all due respect, if you have ever done fundraising, such as
church groups, or charity work, 300% profit is easy to do. In some cases
profit is higher than 300%, depending on what it might be. My wife Paige,
was selling awhile back these 'Houston Guides' which have like a gazillion
coupons in them, where you go to places like Astroworld, Space Center
Houston, NASA, Galveston, restaurants and what not, but profit margins were
really up there!

I decided to do a search on "300% profit" on www.google.com and I won't post
the results here, I'll let ya'll go try it and watch it light up like a
pinball machine or a Gremlin with a faulty fusebox. Take care,
Eddie Stakes
www.planethoustonamx.com

----- Original Message ----- 
From: "Onree" <onree@xxxx>
To: <BaadAssGremlins@xxxxxxxxxxxxxxx>
Sent: Wednesday, September 01, 2004 1:14 PM
Subject: Re: [BaadAssGremlins] Impossible to make 300 % profit



It is not possible to make 300 % profit. Profit can never exceed 100% and
profit percentage is defined as markup divided by selling price. Thus, if I
buy a carburetor for $10 and mark it up by $30 to sell it for $40, I have
made a profit of 75%. If I sell it for $20, I make a profit of only 50%.

The only way to even make 100% profit is if something costs you nothing. If
I find a carburetor lying in the street, and sell it for $20, or $40, or
$66, or $2955, my profit percentage is the same, 100% because the selling
price, whatever it may be, is all markup.

It is sure possible to have a 300% markup, but that is not the same as 300%
profit.

Onree

> on 9/1/04 5:39 AM, AMC74HORNET@xxxx at AMC74HORNET@xxxx did
write:

> He probably got these parts for next to
> nothing and is trying to make 300% profit.
> "Doc"
>
>





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