there are also several issue with how the return may go. amazon may tell you to just keep the item (if the cost of shipping + processing the return is higher that the actual product price / margin on the item). they may decide that the item is in not good condition when it comes back. the packaging may be missing parts or damaged. i would guess that a lot of items don’t make it through the process.
also i would guess that because Amazon keeps existing and making a profit they have this baked into their business model. Also I would be shocked if the return rate is 30-40%. Again guessing, I would say it’s probably 1-2%. A lot of people buy shit they don’t need and keep it.
As far as “hacking the system” I think that they should have a system in place to track how many things you return (and if they were in good condition/could be resold) and how much money they made on your purchases. If overall you’re a net negative I would not be surprised if your account got suspended/banned. Why would they do business with you if you’re a bad actor?
Also, I wonder if you can catch it with batteries. Does amazon make the seller list the type of battery in their product?
it’s also probably borderline illegal to do this kind of things
I also wonder how much is handled by weight. Weight of returned product != expected weight of product -> something is off and it's probably not worth figuring out.