Markup as a Percent of Cost (MU%C)
Example. The standard markup on costume jewelry at Balkis’s Boutique is 60%. The boutique just received a shipment of chokers costing $19.00 each. What is the retail price per choker?
Keys: | Display: | Description: | |||||
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| " | Displays MU%C menu. | ||
# |
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19 |
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| 7EF:8#,&((" | Stores cost in COST. | |||
) |
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60 |
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| 012345678'(&((" | Stores 60% in M%C. | |||
+ |
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| 52;7H8%(&+(" | Calculates price. | |||
* |
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Markup as a Percent of Price (MU%P)
Example. Kilowatt Electronics purchases televisions for $225, with a discount of 4%. The televisions are sold for $300. What is the markup of the net cost as a percent of the selling price?
What is the markup as percent of price without the 4% discount?
| Keys: | Display: | Description: | |||||
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| " | Displays MU%P menu. | |
| # |
| L |
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v225 | " | Calculates and stores net | ||||||
| ) |
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| 7EF:8$#'&((" | cost in COST. | ||
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| Stores 300 in PRICE. | |||||
300 | * |
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| 52;7H8%((&((" | ||||
6012345658$*&((" Calculates markup as a percent of price.
Use $225 for COST and leave PRICE alone.
225 | ) | 7EF:8$$.&((" | Stores 225 in COST. |
6012345658$.&((" Calculates markup.
52 3: Percentage Calculations in Business
File name : | Print data : 2003/7/11 |