HP Forums - (12C) Setting a Sales Price

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
20 [R/S] display answer 24.00

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.

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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