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HP20b - Markup & Margin

Markup

Percentage Calculation % Calc Menu Items

  • Mkup. %C, markup as a percentage of cost.
  • Mkup. %P, markup as a percentage of price (Some call this Margin Calculation).
  • Part%Tot., part as a percentage of total.
  • %Change, percent change.

Find the selling price on an item if the cost price is $11.00 and the markup of 25%.

Here is the 20b Calculating Solution: Open the Percentage Calculation menu, [Shift][% calc] and the "Mkup. %C" displays on the top line. Press [INPUT] to the "Cost" appear on the top line. Press [Down Arrow] 2 times till you see "Mkup. %C". Enter 25 (for 25%) and then press [INPUT]. Press [Down Arrow] and the "Cost" appear on the top line, enter 11 which is the new current value for the cost and press [INPUT]. Press [Down Arrow], the "Price" appear on the top line. To get the calculated answer, price [=] and the current value for the "Price", which should be 13.75.

For example, we want to find margin for cost $11 and sell price of $16.

The 20b key sequence will need some time to understand and get used to. Open the Percentage Calculation menu, press [Shift][% calc] and the "Mkup. %C" displays on the top line. Press down arrow to "Mkup. %P". Press [INPUT].

The 20b will display "Cost", enter 11 (for $11) and then press [INPUT]. Press [Down Arrow] and the "Press" appear on the top line, enter 16 which is the new current value for the selling price and press [INPUT]. Press [Down Arrow], the "Mkup.%P" appear on the top line. To get the calculated answer, Makup %P (margins) [=] and the current value for the "Mkup.%P", which should be 31.25. Or the expected margin would be 31.25%.

Updated On: 13.09.15

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