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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 = =
Grossprofit = 8160 =
ENTER DEPRESS DISPLAY
8160 8160.
15 9600.00
1440.00
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 = =
Grossprofit = 9780 =
ENTER DEPRESS DISPLAY
9780 9780.
20 8150.00
1630.00
8160
15
100
1
8160
15
100
1
9780
20
100
1 +
9780
20
100
1 +