I bought a highlighter as my product to sell. It cost me $.67. I sold it to a woman I work with who wanted a different color highlighter than what she had. I sold it to her for $.75. So here is the run down:
Highlighter at Cost - $.67
Price of Highlighter Sold - $.75
Profit - $.08
Net Profit Margin - $.08/$.75 = 11%
Relatively happy with the price I sold my highlighter for. Made an 11% profit margin.
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