Owner's Manual

Note: This guidebook categorizes calculator variables by their method of entry.
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 C. 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 Press Display
Select Profit Margin worksheet & w
CST= 0.00
Enter selling price #
125 !
SEL= 125.001
Enter profit margin #
20 !
MAR= 20.001
Compute cost " " C
CST= 100.00 7
Answer: The original cost is $100.
Other Worksheets 77