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Margin And Markup Calculations - HP 10bII+ User Manual

Financial calculator.
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Margin and Markup Calculations

The 10bII+ can calculate cost, selling price, margin, or markup.
Table 3-6 Keys for margin and markup
Application
Margin
Markup
To see any value used by the margin and markup application, press
you wish to see. For example, to see the value stored as
Margin Calculations
Example
Kilowatt Electronics purchases televisions for 255. The televisions are sold for 300. What is
the margin?
Table 3-7 Calculating the margin
Keys
GVVÀ
D::¼
®
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?
Table 3-8 Calculating the retail price
Keys
JdÀ
S:Ã
Keys
À
¼
®
,
,
À
¼
Ã
,
,
Display
255.00
300.00
15.00
Display
19.00
60.00
Description
Margin is markup expressed as a
percent of price.
Markup calculations are expressed
as a percent of cost.
v
and then the key
À
, press
Description
Stores cost in CST.
Stores selling price in PRC.
Calculates margin.
Description
Stores cost.
Stores markup.
Business Percentages
.
47

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