Discount; Chain Discount; Mark-Up - Monroe 770 Operating Instructions Manual

Example
Total
Less 5%
Net
$61.50
3.08
$58.42
DISCOUNT
Instructions
Before starting, depress
x,
then .ll,
Set 61.50 Depress
i'i
Set .05 Depress
=
Depress
~
twice
Read 3.08 Amount of discount in display
Depress
ii
Depress .ll,
Read 58.42 Net after discount in display
CHAIN DISCOUNT
Example
TOTAL CHAIN DiSCOUNT NET AMOUNT
$162.70 15-10-5% $118.24
Instructions
Set 162.7 Depress
x
Set .85 Depress
=
(Complement of .15)
Depress
x
Set .9 Depress
=
(Complement of .10)
Depress
x·
Set .95.........Depress
=
(Complement of .05)
Read 118.24 Net amount in display
MARK-UP
Example
Find the selling price of an article which
costs $24.95 and is to be sold at a 37.5%
mark-up. The selling price is $39.92.
Instructions
Before beginning to calculate:
Depress .ll,
For each mark-up use the following
routine:
Set
l..
Depress
i'i
Set .375 Depress
ii
Set 24.95 Depress :
Depress .ll,
Depress
=
Read 39.92 Answer in display
24