User Manual

FV: Unused R
0
-R
.8
: Unused
1. Key in program.
2. To calculate selling price, given the markup, key in the cost, press
, key in the
markup and press
00 .
3. To calculate cost, given the markup, key in the selling price, press
, key in the
markup and press
00 .
4. To calculate selling price, given the margin, key in the cost, press
, key in the
margin and press
03 .
5. To calculate cost given the margin, key in the selling price, press
, key in the
margin and press
03 .
6. To calculate markup from the margin, key in the margin and press
03
.
7. To calculate margin from the markup, key in the markup and press
00
.
Example: Find the cost of an item selling for $38.00 with a margin of 30%. What
is the markup on the item? If the markup is raised to 50%, what will the selling
price be?
Keystrokes Display
38
38.00 Selling price.
30 03
30.00 Margin (%).
26.60 Cost.
30 03
42.86 Markup (%).
26.6
26.60 Cost.
50 00
39.90 New selling price.
Calculations of List and Net prices With Discounts
If it often useful to be able to quickly calculate list or net price when the other
price and a series of discount rates are known. Alternatively, if the list and new