Sharp QS-2130 Percent MARK-UP Based on Cost, Percent MARK-UP Based on Selling Price

PERCENT MARK-UP BASED ON COST ( )

Calculate the selling price and the gross profit from the cost of $8,160 on the basis of a 15% profit on the selling price.

Calculation method:

Selling price =

8160

= ➀

Grossprofit =

8160

– 8160

= ➁

15

1 –

15

1 –

100

100

ENTER

DEPRESS

DISPLAY

8160

8’160.

15

9’600.00 ➀

1’440.00 ➁

PERCENT MARK-UP BASED ON SELLING PRICE ( )

Calculate the cost and the gross profit from the selling price of $9,780 on the basis of 20% profit of the cost.

Calculation method:
Cost =	9780			= ➀		Grossprofit = 9780 –	9780			=	➁
	+	20					+	20
1					1
			100						100
	ENTER				DEPRESS				DISPLAY
		9780						9’780.
		20						8’150.00 ➀
14								1’630.00			➁