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Pricing Calculations
Markup and Margin Calculations
Sales work often involves calculating the various relations between markup,
margin, selling price and costs. Markup is defined as the difference between
selling price and cost, divided by the cost. Margin is defined as the
difference between selling price and cost, divided by selling price. In other
words, markup is based on cost and margin is based on selling price.
The following keystroke sequences are given to readily make these
calculations on the HP-12C.
Example 1: If the cost of an item is $160 and the margin is 20%, what is
the selling price? What is the markup?
CALCULATE GIVEN KEYSTROKES
Selling Price Cost & Markup
Key in cost, , key in markup (in %), .
Selling Price Cost & Margin
Key in cost, 1 , key in margin
(in %), .
Cost
Selling Price &
Markup
Key in selling price, 1 , key in
markup (in %0, .
Cost
Selling Price &
Margin
Key in selling price, 1 , key in
margin (in %0, .
Markup
Cost and
Selling Price
Key in cost, , key in selling price, .
Markup Margin
Key in margin, 1
.
Margin
Selling Price &
Cost
Key in selling price, , key in cost, .
Margin Markup
Key in markup, 1
.
Keystrokes Display
160
160.00 Cost.
1 20
20.00 Margin (%).
200.00 Selling price.
20
20.00
1
25.00 Markup (%).