FV: Unused
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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