(11C) COST AND PRICE COMPUTATIONS
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05-30-2021, 01:02 PM
(This post was last modified: 05-30-2021 01:13 PM by Gamo.)
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(11C) COST AND PRICE COMPUTATIONS
This program is adapted from the HP-67/97 Users' Library Solutions "Marketing/Sales Page 51
According to this book this program is called " Cost and Price Computations " Program Description, Equations, Variables Sales work often involves calculating the unknown amongst the interrelated terms margin, markup, selling price, and cost. Margin is defined as 100 x (selling price - cost) ÷ selling price. Markup is 100 x (selling price - cost) ÷ cost. There are numerous equations which evolve from the interrelation of these terms. This program solves for any of the four variables when two of the other variables are known. -------------------------------------------------------------- Keys Variables [A] Selling Price // [A] and [B] use for either as input and output [B] Cost [C] Margin // [C] and [D] use for input only [D] Markup [GSB] 7 // Output Answer for Margin [GSB] 8 // Output Answer for Markup -------------------------------------------------------------- Example: FIX 2 [USER] a) If the margin is 20% and cost is $160, what is the selling price? 20 [C] display 0.20 160 [B] display 160.00 [A] [R/S] display answer for Cost = 200.00 b) If the margin is 30% what markup would this be? 30 [C] display 0.30 [GSB] 8 display 42.86 c) If the Price is $50 and Markup is 25% What is the Cost and Margin? 50 [A] display 50.00 25 [D] display 0.25 [B] [R/S] display answer Cost = 40.00 [GSB] 7 display answer Margin = 20.00 ----------------------------------------------------------- Program: Code:
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