Business Percentages48
Using Margin and Markup Together
Example
A food cooperative buys cases of canned soup with an invoice cost of 9.60 per case. If the
co-op routinely uses a 15% markup, for what price should it sell a case of soup? What is the
margin?
¼
30.40 Calculates retail price.
Table 3-8 Calculating the retail price
Keys Display Description
Table 3-9 Calculating the margin
Keys Display Description
d7SÀ
9.60 Stores invoice cost.
JVÃ
15.0 0 St ore s ma r kup.
¼
11.04 Calculates the price on a case of
soup.
®
13. 0 4 C a l c u l a t e s margin.
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