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52 3: Percentage Calculations in Business
File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/11
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
)
7EF:8#,&((" Stores cost in COST.
60
+
012345678'(&((" Stores 60% in M%C.
*
52;7H8%(&+(" 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 $300. What is the markup
of the net cost as a percent of the selling price?
What is the markup as percent of price without the 4% discount?
Keys: Display: Description:
#
L
" Displays MU%P menu.
225
-
4
%
)
"
7EF:8$#'&(("
Calculates and stores net
cost in COST.
300
*
52;7H8%((&((" Stores 300 in PRICE.
6
012345658$*&((" Calculates markup as a
percent of price.
Use $225 for COST and leave PRICE alone.
225
)
7EF:8$$.&((" Stores 225 in
COST
.
6
012345658$.&((" Calculates markup.
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