Sharp QS-2770A QS-2770A/2760A/1760A Operation Manual - Page 22

calculation

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Markup and Profit Margin are both ways of calculating percent profit. The difference is: - Profit margin is percent profit vs. selling price. - Markup is percent profit vs. cost. Note: In some cases, negative percentages will be shown for margin or markup. This is a normal function of the calculation logic. MARGIN EXAMPLE: Calculate the profit margin of a $65.00 item being sold at $89.00. (1) -F -6 -5 -4 -3 -2 -1 -o (2) 65 89 CI L (3) 65.0024.00 26.97 (4) 65.00 89.00 + 24.00 * 26.97 %C SELLING PRICE (USING MARGIN) EXAMPLE: Calculate the selling price (a) and the gross profit (b) from a cost of $8,160 on the basis of a 15% profit on the selling price. (1) - -F -56 -4 -3 -2 -1 (2) 8160 0 15 MU (3) 8,160. 1,440.00 (4) 8,160. + 15- %M 9,600.00 * (a) 1,440.00 GP (b) COST (USING MARGIN) EXAMPLE: Calculate the cost (a) and the gross profit (b) from a selling price of $500 on the basis of a 35% profit on the selling price. (1) (2) (3) (4) -F 500 X 500. -6 -5 35 +1- [my; -4 -3 -2 325.00 -1 -o 500. x 35. % 175.00 (b) 325.00 * (a) 20

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Markup
and
Profit
Margin
are
both
ways
of
calculating
percent
profit.
The
difference
is:
—
Profit
margin
is
percent
profit
vs.
selling
price.
—
Markup
is
percent
profit
vs.
cost.
Note:
In
some
cases,
negative
percentages
will
be
shown
for
margin
or
markup.
This
is
a
normal
function
of
the
calculation
logic.
MARGIN
EXAMPLE:
Calculate
(1)
the
profit
(2)
margin
of
a
$65.00
item
being
(
3
)
sold
at
$89.00.
(4)
-F
-6
-5
-4
-3
-2
-1
-o
65
89
CI
L
65.00-
24.00
26.97
65.00
-
89.00
+
24.00
*
26.97
%C
SELLING
PRICE
(USING
MARGIN)
EXAMPLE:
Calculate
the
selling
price
(a)
and
the
gross
profit
(b)
from
a
cost
of
$8,160
on
the
basis
of
a
15%
profit
on
the
selling
price.
(1)
(2)
(
3
)
(4)
-
-F
-5
6
-4
-3
-2
—1
8160
0
8,160.
1,440.00
8
,
160.
+
15-
%M
9
,
600.00
*
1
,
440.00
GP
(a)
(b)
15
MU
COST
(USING
MARGIN)
EXAMPLE:
Calculate
the
cost
(a)
and
the
gross
profit
(b)
from
a
selling
price
of
$500
on
the
basis
of
a
35%
profit
on
the
selling
price.
(1)
(2)
(
3
)
(4)
-F
-6
-5
-4
-3
-2
-1
-o
500
35
X
500.
325.00
500.
35.
175.00
325.00
x
%
*
(b)
(a)
+1—
[my;
20