HP 10BII Setting a Sales Price

07122021, 06:09 AM
(This post was last modified: 07122021 06:10 AM by Gamo.)
Post: #1




HP 10BII Setting a Sales Price
HP 10BII User Manual on page 95 demostrate on how to
calculate on "Setting a Sales Price" with this formula. Price = Total Cost ÷ Number of Units x (1+(%RTN ÷ 100)) As shown in the manual the last step doesn't have to be 20 [÷] 100 [=] On Page 33 about "Finding a Percent" said that the [%] key divides a number by 100 unless it is preceded by an addition or subtraction sign. In this case this formula is preceded by the [x] sign Key so here is the shorter stpes. 40000 [÷] 2000 [x] [(] 1 [+] 20 [%] [)] [=] display answer 24.00 Gamo 7/2021 

07132021, 06:52 AM
(This post was last modified: 07132021 06:56 AM by Gamo.)
Post: #2




RE: HP 10BII Setting a Sales Price
Example Usage of this type of problem " Setting a Sales Price"
All Total Cost of this products is $18,500.00 that make it to 500 units. I want 35% profit how much should I charge for each unit. Total Cost = $18,500 Number of Units = 500 RTN = 35% Steps to calculate: 18500 [÷] 500 [x] [(] 1 [+] 35 [%] [)] [=] display answer 49.95 Answer: $49.95 To check answer: While 49.95 is on display [x] Number of Unit (500) 49.95 [x] 500 [=] 24975 18500 [CST] 24975 [PRC] [MU] display answer 35 So the answer return to 35% profit as expected. Remark: To quickly check answer another way by the use of the [%CHG] Steps: 18500 [INTPUT] 24975 [%CHG] display answer 35 Gamo 

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