HP 12C manual Calculations of List and Net prices With Discounts

Models: 12C

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1.Key in program.

2.To calculate selling price, given the markup, key in the cost, press

, key in the markup and press 00 .

3.To calculate cost, given the markup, key in the selling price, press

, key in the markup and press 00 .

4.To calculate selling price, given the margin, key in the cost, press

, key in the margin and press 03 .

5.To calculate cost given the margin, key in the selling price, press

, key in the margin and press 03 .

6.To calculate markup from the margin, key in the margin and press

03 .

7.To calculate margin from the markup, key in the markup and press

00 .

Example: Find the cost of an item selling for $38.00 with a margin of 30%. What is the markup on the item? If the markup is raised to 50%, what will the selling price be?

 

Keystrokes

Display

 

38

 

38.00

Selling price.

 

 

 

30

03

30.00

Markup (%).

 

 

 

 

26.60

Cost.

 

 

 

 

30

03

42.86

Markup (%).

 

 

 

 

26.6

 

26.60

Cost.

 

 

 

50

00

39.90

New selling price.

 

 

 

 

 

 

Calculations of List and Net prices With Discounts

If it often useful to be able to quickly calculate list or net price when the other price and a series of discount rates are known. Alternatively, if the

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Page 96
Image 96
HP 12C manual Calculations of List and Net prices With Discounts