Monroe Classic - Tax, Discount, and Markup Calculations

Applications
Memory Operation with
N Count
Decimal selector @ +
D PD N @ N
Example (2 x 1.50) = 3.00
-(2 x 2.50) = 5.00
+ 6.00
- 7.50
N Count = 4 - 3.50
Enter Depress Print
Ι* 000
0.00 Ι *
2 x 2.00 x
150 Ι+ 1.50
3.00 Ι+
2 x 2.00 x
250 Ι- 2.50 =
5.00 Ι -
600 Ι+ 6.00 Ι+
750 Ι- 7.50 Ι -
Ι* 004
- 3.50 Ι*
Automatic Percent Increase
(Tax)
Decimal Selector @ 2
Example: Compute the amount of tax and
total cost of two articles marked $25.00 and
$30.00 respectively. Tax is 5%.
Enter Depress Print
C/CE C
5 TAX 5.00 R
25 X 25.00 X
TAX 5.00 R
1.25 +
26.25 % +
30 X 30.00 X
TAX 5.00 R
1.50 +
31.50 % +
Automatic Percent
Decrease (Discount)
Decimal Selector @ 2
Example: Compute the amount of discount and
net cost of two articles marked $75.00 and
$100.00 respectively. Discount rate is 10%.
Enter Depress Print
C/CE C
10 TAX 10.00R
75 ÷ 75.00 ÷
TAX 10.00R
7.50 -
67.50% -
100 ÷ 100.00 ÷
TAX 10.00R
10.00 -
90.00 % -
Markup with Constant
Gross Margin
(Constant gross margin is stored in Memory)
What is the selling price of items that cost
$23.50, $45.23, $10.79 and $4.50 based on a
gross margin of 42%?
Decimal selector @ 2
Enter Depress Print
Ι* 0.00 Ι *
42 Ι+ 42.00 Ι +
23.50 x 23.50 x
Mu 42.00 % MU
(Profit) 17.02 MU
(Seling Price) 40.52 *
42.53 x 45.23 x
Mu 42.00% MU
(Profit) 32.75 MU
(Selling Price) 77.98 *
10.79 x 10.79 x
Mu 42.00% MU
(Profit) 7.81 MU
(Selling Price) 18.60 *
4.50 x 4.50 x
Mu 42.00% MU
(Profit) 3.26 MU
(Selling Price) 7.76 *
Ι* 42.00 Ι *