Texas Instruments BA II PLUS User Manual

Page 81

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Other Worksheets

77

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.

Selling price

#

SEL

Enter/compute

Profit margin

#

MAR

Enter/compute

To

Press

Display

Select Profit Margin worksheet.

&w

CST=

0.00

Enter selling price.

#

125

!

SEL=

125.00

Variable

Key

Display

Variable Type

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