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Illiterate shopkeeper. Buys a penny and sells for a profit
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I remember a short story many years ago where an illiterate shopkeeper makes a good living in his small shop. He says his margin is 3% ~<or similar~> when in fact he buys for a penny and sells for 4 pence i.e. 3 pence margin. The figures may not be accurate. Who wrote the story please
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could be The Verger, but the facts don't quite square. That's actually a 300% profit.
You can read the Maugham story here
http://www.esnips.com...--W.-Somerset-Maugham
You can read the Maugham story here
http://www.esnips.com...--W.-Somerset-Maugham
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