14
PERCENT MARK-UP BASED ON COST ( )
Calculate the selling price and the gross profit from the cost of $8,160 on the basis of a 15% profit on
the selling price.
Calculation method:
Selling price = =
➀
Grossprofit = – 8160 =
➁
ENTER DEPRESS DISPLAY
8160 8’160.
15 9’600.00
➀
1’440.00
➁
PERCENT MARK-UP BASED ON SELLING PRICE ( )
Calculate the cost and the gross profit from the selling price of $9,780 on the basis of 20% profit of
the cost.
Calculation method:
Cost = =
➀
Grossprofit = 9780 – =
➁
ENTER DEPRESS DISPLAY
9780 9’780.
20 8’150.00
➀
1’630.00
➁
8160
15
100
1 –
8160
15
100
1 –
9780
20
100
1 +
9780
20
100
1 +
QS-2130(U1E) 09.4.14, 5:52 PM14
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