Maximum allowed percentage of profit while selling food

[Guest]

Could Somebody assist me for this question.

Once I buy the ingredients, suppose, if the cost of ingredients + making charges of food is ₹ 100.

How much percentage of profit I can include on top of ₹ 100.

I am asking to clarify the legally allowed percentage of profit as per law.

AI Summary

Discussion Highlights Legal Ambiguity in Profit Margins for Food Sales; Factors Influencing Margins Include Market Forces and Regulations. A forum user inquired about the legally allowed profit margin for selling food, using an example where the cost of ingredients and making charges is 100. A response from a business consultant highlighted that profit margins depend on factors such as market forces, demand and supply, competition, and government regulations. Generally, service sector profits can range from 70% to 100%, while manufacturing profits may be 10% to 35%. Another participant questioned the lack of specific legal rules for profit margins. The discussion also touched on high-profit margins in various sectors and the importance of paying taxes to support government initiatives.