HP HP-18C - Page 54

Example: Calculating the markup as a percent of price.
Part 1. Henderson's Electronics purchases televisions for $225, with
a discount of 4%. The televisions are sold for $300. What is the
markup as a percent of the selling price?
Part 2. What is the markup as percent of price without the 4% dis-
count?
Starting from the MAIN menu:
Keys:
• 1 CLEAR ALL I
225 G 4 00
IIiII
300 IDID
..
Display:
0,00
COST= 216,00
PRICE= 300,00
MARKUP%P=28,00
Part 2: Use $225 for the cost.
225 Qi1i1
..
COST=225,00
MARKUP%P=25,00
52 3: General Business Calculations
Description:
Displays the MU%P
menu .
Clears the history stack
and the MU%P variables.
Calculates and stores the
net cost.
Stores 300 in PRICE.
Calculates the markup as
a percent of price.
Stores 225 in COST.
Calculates the markup as
a percent of price.