Sharp CS-2870 CS-2870 Operation Manual - Page 19

MARKUP AND MARGIN Markup and Profit Margin are both ways of calculating percent profit. - Profit margin is percent profit vs. selling price. - Markup is percent profit vs. cost. - Cost is the cost. - Sell is the selling price. - GP is the gross profit. - Mkup is the percent profit based on cost. - Mrgn is the percent profit based on selling price. To find Mrgn Mkup Sell Cost Sell Cost Ex. Cost $200 Knowing Sell, Cost Sell, Cost Cost, Mrgn Sell, Mrgn Cost, Mkup Sell, Mkup Sell $250 Operation Cost H Sell El Cost El Sell E Cost E Sell H Sell El F-I Cost H El Mrgn ED Mrgn = =I Mkup I= Mkup +1- n GP Mkup Mrgn $50 25% 20% (1) - 6 - 5 -4 -3 _z - i -o (2) 200 + 20 MI (3) 200. 50.00 (4) 200. + Cost 20.%M Mrgn 250.00 * Sell 50.00 GP GP PERCENT CHANGE • Calculate the dollar difference (a) and the percent change (b) between two yearly sales figures $1,500 in one year and $1,300 in the previous year. (1) - 6 - 5 - 4 -3 - i -0 (2) 1500 ± 1300 -= MU (3) 1,500.00 200.00 15.38 (4) 1,500.00 + 1,300-00 - 200.00 * (a) 15.38 %C (b) 17