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Sharp CS-2870 User Manual

Page 19

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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

Knowing

Operation

Mrgn

Sell, Cost

Cost

B

Sell [±]

Mkup

Sell, Cost

Sell

[S

Cost 0

Sell

Cost, Mrgn

Cost

E)

Mrgn |MU1

Cost

Sell, Mrgn

Sell

E

Mrgn iMUl

Sell

Cost, Mkup

Cost

E

Mkup [M]

Cost

Sell, Mkup

Sell

0

Mkup I+/-I |MU|

Ex.

Cost

Sell

GP

Mkup

Mrgn

$200

$250

$50

25%

20%

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.

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