Monroe 122PDX - Mark Up; Mark Down

Example: An item costs $100. A gross margin of 25% is desired on the item when it is sold.
What is the item’s selling price and what is the gross profit?
ENTER
DEPRESS
TAPE RESULT
100
100.00 M
25.00 %
33.33 U
*
133.33 *
25
Example: An item sells for $100. Mark down the item 25%.
ENTER
DEPRESS
TAPE RESULT
100
100.00 M
25.00 -%
20.00 U
*
80.
00 *
25
p 5/4 n
+ F 0 1 2 3 4
mu
=
Mark Up
d pd n
p 5/4 n
+ F 0 1 2 3 4
mu
+/-
=
Mark Down
d pd n
mu
mu
+/-
16