Pricing Calculations; Markup And Margin Calculations - HP 12c Solutions Handbook

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.
CALCULATE
Selling Price Cost & Markup Key in cost,
Selling Price Cost & Margin
Selling Price &
Cost
Markup
Selling Price &
Cost
Margin
Cost and
Markup
Selling Price
Markup Margin
Selling Price &
Margin
Cost
Margin Markup
Example 1: If the cost of an item is $160 and the margin is 20%, what is
the selling price? What is the markup?
Keystrokes
160
1 20
20
1

Pricing Calculations

GIVEN
Key in cost,
(in %),
Key in selling price,
markup (in %0,
Key in selling price,
margin (in %0,
Key in cost,
Key in margin,
Key in selling price,
Key in markup,
Display
160.00
20.00
200.00
20.00
25.00
KEYSTROKES
, key in markup (in %),
1
.
, key in selling price,
.
.
Cost.
Margin (%).
Selling price.
Markup (%).
93
, key in margin
1 , key in
.
1 , key in
.
1
, key in cost,
1
.
.
.