Margin And Markup Calculations; Margin Calculations; Markup On Cost Calculations - HP 10BII Owner's Manual

Margin and Markup Calculations
"The HP 10BII can calculate cost, selling price, margin, or markup.
Application
Margin
Description
Margin is markup expressed as
a percent of price.
С, (RO , (MU) Markup calculations are
expressed as a percent of cost.
Markup
То see any value used by the Margin and Markup application, press
and then the key you wish to see. For example, to sec the value stored as
(©), press (COSI). Margin and Markup share the same storage register.
For example, if you store 20 in @А®, then press GDGV, you will see 20.00
displayed.
Margin Calculations
Example. Kilowatt Electronics purchases televisions for $255. The
televisions are sold for $300. What is the margin?
Keys: Display: Description:
@Ooew 255.00 Stores cost in CST.
@@®@®@© 300.00 Stores selling price in
PRC.
Markup on Cost Calculations
Example. The standard markup on costume jewelry at Kleiner's
Kosmetique is 60%. They just received a shipment of chokers costing
$19.00 each. What is the retail price per choker?
Keys: Display: Description:
Oo
19.00
Stores cost.
Cow 60.00 Stores markup.
© 30.40 Calculates retail price.
2: Business Percentages 35