Texas Instruments BA II PLUS PRO User Manual - Page 81

Variable Key Selling price # Profit margin # Display SEL MAR Variable Type Enter/compute Enter/compute Note: This guidebook categorizes calculator variables by their method of entry. (See "Types of Worksheet Variables" on page 17.) Gross Profit Margin and Markup The terms margin and markup often are used interchangeably, but each has a distinct meaning. • Gross profit margin is the difference between selling price and cost, expressed as a percentage of the selling price. • Markup is the difference between selling price and cost, expressed as a percentage of the cost. Clearing Profit Margin Worksheet Variables • To clear the Profit Margin worksheet variables and reset default values, press & z. All Profit Margin worksheet variables default to zero. • To reset default values for all calculator variables and formats, including the Profit Margin worksheet variables, press & } !. Computing Profit Margin 1. To select the Profit Margin worksheet, press & w. The CST value appears. 2. To enter a value for one of the two known variables, press # or " to select a variable, then key in a value and press !. 3. Repeat step 2 for the second known variable. 4. To compute a value for the unknown variable, press # or " to select the variable and press %. The calculator displays the computed value. Example: Computing Profit Margin The selling price of an item is $125. The gross profit margin is 20%. Find the original cost. To Select Profit Margin worksheet. Enter selling price. Press &w # 125 ! Display CST= SEL= 0.00 125.00 Other Worksheets 77