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52 3: Percentage Calculations in Business
File name : English-M02-1-040308(Print).doc Print data : 2004/3/9
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: Display: Description:
Displays MU%C menu.
19 Stores cost in COST.
60 Stores 60% in M%C.
Calculates price.
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: Display: Description:
Displays MU%P menu.
225
-
4
%
Calculates and stores net
cost in COST.
300 Stores 300 in PRICE.
Calculates markup as a
percent of price.
Use $225 for COST and leave PRICE alone.
225 Stores 225 in COST.
Calculates markup.
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