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:

 

 

 

 

 

 

Displays MU%C menu.

 

 

19

 

 

 

Stores cost in COST.

 



60

 

 

 

Stores 60% in M%C.

 



 

 

Calculates price.

 



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:

 

 

 

 

 

 

 

 

Displays MU%P menu.

 

 

 

v225 -4 %

Calculates and stores net

 

 

 



cost in COST.

 

 

 

Stores 300 in PRICE.

 

300

 



 

 

 

Calculates markup as a

 

 



 

 

 

 

 

 

 

 

 

percent of price.

Use $225 for COST and leave PRICE alone.

225



Stores 225 in COST.

 

 

Calculates markup.

 



52 3: Percentage Calculations in Business

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