Markup As A Percent Of Cost (Mu%C); Markup As A Percent Of Price (Mu%P) - HP 17bll+ User Manual

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:
 

19
60 


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:
 
v
225 - 4 %

300 

Use $225 for COST and leave PRICE alone.
225 

52 3: Percentage Calculations in Business
Display:




Display:







Description:
Displays MU%C menu.
Stores cost in COST.
Stores 60% in M%C.
Calculates price.
Description:
Displays MU%P menu.
Calculates and stores net
cost in COST.
Stores 300 in PRICE.
Calculates markup as a
percent of price.
Stores 225 in COST.
Calculates markup.