# HP Forums

Full Version: (12C) Setting a Sales Price
You're currently viewing a stripped down version of our content. View the full version with proper formatting.
This Business Applications for "Setting a Sales Price" is from
HP 10Bii Owner Manual on Page 95

Program is for the HP-12C

Formula use:

PRICE = TOTAL COST ÷ NUMBER OF UNITS x (1+ (%RTN ÷ 100) )

Example Steps: (Use same from this manual)

TOTAL COST = \$40,000
NUMBER OF UNIT = 2,000
RATE OF RETURN = 20%

40000 [ENTER] display 40,000.00
2000 [ENTER] display 2,000.00

Answer: Unit Sales Price is \$24

Program:
Code:
``` 01  1 02  % 03 X<>Y 04 CLx 05 LSTx 06  + 07 ENTER 08  R↓ 09  R↓ 10  ÷ 11  x 12 GTO 00```

Gamo 7/2021
(corrected!!) Why not

Code:
``` 1  X<>Y  %  +  /  /  GTO 00```

Cheers, Werner
Thanks Werner even shorter program that's work.

----------------------------------------------------

From the previous exmaple problem with the answer shown 24
we can check if the answer is correct or not.

\$24 per units then do multiplication to the NUMBER OF UNITS [ 24 x 2000 = 48000 ]

Change in Percentage from 40000 to 48000 using these steps:

40000 [ENTER] 48000 [△%] display answer 20

That result turn into the Rate of Return of 20%

Gamo
Reference URL's
• HP Forums: https://www.hpmuseum.org/forum/index.php
• :