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Old 05-12-2017, 06:33 AM
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Marking an item to a sale price of higher than you paid for it is the basis of retail sales. After the help is paid, the goods are paid for, the energy to run the business is paid for and the other over head expenses; taxes, rent, upkeep, insurance, etc. what is left is the margin of profit.

A pair of socks is purchased from the knitter at one dollar and sold for two. Out of the dollar all expenses above are entered in, not forgetting the people who will return them after they wear them saying they didn't fit and the ones that are stolen by people who think they can take what they want from others.
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