Margin and Markup Calculations

The 10bII+ can calculate cost, selling price, margin, or markup.

Table 3-6 Keys for margin and markup

Application

Keys

Description

 

 

 

Margin

À, ¼, ®

Margin is markup expressed as a

 

percent of price.

 

 

 

Markup

À, ¼, Ã

Markup calculations are expressed

 

as a percent of cost.

 

 

 

To see any value used by the margin and markup application, press vand then the key you wish to see. For example, to see the value stored as À, press vÀ.

Margin Calculations

Example

Kilowatt Electronics purchases televisions for 255. The televisions are sold for 300. What is the margin?

Table 3-7 Calculating the margin

KeysDisplay Description

GVVÀ

255.00

Stores cost in CST.

 

 

 

 

D::¼

300.00

Stores selling price in PRC.

 

 

 

 

®

15.00

Calculates margin.

 

 

 

 

Markup on Cost Calculations

Example

The standard markup on costume jewelry at Kleiner’s Kosmetique is 60%. They just received a shipment of chokers costing 19.00 each. What is the retail price per choker?

Table 3-8

Calculating the retail price

 

 

 

 

 

 

Keys

 

Display

Description

 

 

 

JdÀ

19.00

Stores cost.

 

 

 

 

 

S:Ã

60.00

Stores markup.

 

 

 

 

 

 

Business Percentages 47

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HP 10bII+ Financial manual Gvvà, JdÀ, Margin and Markup Calculations, Margin Calculations, Markup on Cost Calculations
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10bII+ Financial specifications

The HP 10bII+ Financial Calculator is a versatile and powerful tool designed to meet the needs of finance students, professionals, and anyone involved in financial planning and analysis. Known for its compactness and user-friendly interface, this calculator incorporates a range of features specifically tailored for financial calculations, making it an essential gadget for banking, real estate, and investment analysis.

At the heart of the HP 10bII+ is its ability to perform a wide variety of financial functions, including time value of money calculations, cash flow analysis, bond pricing, and depreciation. Its built-in functions facilitate the computation of interest rates, present and future values, net present value (NPV), internal rate of return (IRR), and annuities. This array of functionalities allows users to tackle complex financial problems with ease.

One of the standout technologies in the HP 10bII+ is its RPN (Reverse Polish Notation) input system, which allows for efficient data entry and calculation. Users can perform consecutive calculations without the need for parentheses, streamlining the process significantly. Alternatively, the calculator can also function with a standard algebraic input, catering to different user preferences.

The design of the HP 10bII+ is sleek and compact, making it highly portable and easy to handle. With a large, easy-to-read display, it ensures that users can view their calculations clearly, even in low-light environments. The keys are well-spaced and tactile, allowing for a comfortable typing experience during intensive calculations.

The calculator also offers a range of memory functions, enabling users to store and recall important values easily. This is particularly useful for financial professionals who must deal with multiple calculations and refer back to previous results frequently.

Additionally, the HP 10bII+ is powered by two AAA batteries, providing a long battery life that ensures reliability during extended use. It also features an automatic shut-off function, which conserves battery life when the calculator is not in use.

In summary, the HP 10bII+ Financial Calculator is a high-performance device that combines essential financial functions with user-friendly design and robust technology. Whether for educational purposes or professional finance work, its capabilities make it an invaluable asset for anyone dealing with financial calculations and decision-making.
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