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Example:
An item costs $100. A gross margin of 25% is desired on the item when it is sold.
What is the item's selling price and what is the gross profit?
+ F 0 1 2 3 4
ENTER DEPRESS
100
25
Example:
An item sells for $100. Mark down the item 25%.
+ F 0 1 2 3 4
ENTER DEPRESS
100
25
Mark Up
5/4
TAPE RESULT
mu
=
Mark Down
TAPE RESULT
mu
+/-
=
mu
d pd n
100.00 M
25.00 %
33.33
*
133.33 *
mu
d pd n
5/4
100.00 M
25.00 -%
20.00
*
80.00 *
16
+/-
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