Question about Staples SPL120 Basic Calculator

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How does the cost sell and margin functions on the calculator work. How do you set a 30% margin on a 3.00 cost price for example. This ia a question regarding the Staples SPL-290 calculator

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Posted on Jan 02, 2017

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SOURCE: Determine Selling Price doesn't work

The computer is not broken and is correct saying what the sales price is. If you work backwards from selling price and take 20% off, then you get 29.24. The program is a generally accepted accounting principle (GAAP) that has markup not from cost, but from retail. You have been doing it wrong all these years and have been giving your customers a better deal. Play with the numbers and you will see what I mean.

Posted on Oct 26, 2006

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SOURCE: Set Tax Rate

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Type in the rate of tax you want to use, then press rate and then press tax+ :)

Posted on Jan 31, 2010

cjspizz
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SOURCE: how do I get an

I've scanned my manual for the SPL-TMC10A. You can find it here: http://bit.ly/pom1I5

Posted on Jul 31, 2011

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1 Answer

What does the MU/MD key on the Casio HR-100TM do?


Here's how to use the MU/MD key. Say you want your item that COSTS you $120 to be priced such that you end up with a 40% margin. MU'MD calculates the final price to achieve the margin.

Enter: 120 X
Enter: 40 MU'MD
Result: 200.00

Proof: 200 - 120 = 80 / 200 = 40%

Essentially the same as using the COST/ SELL/ MAR keys.


The Casio HR-100Tm manual is pretty pathetic. Expected a better one on their website, but alas.

Jan 03, 2017 | Casio HR-100TM Printing Calculator - 12...

1 Answer

I am trying to figure out how to use the Cost, Sell, and margin buttons on this calculator...any insight?


I haven't used a calculator with these functions, so let's do a test.

I'm guessing is it for doing basic accounting. The equation is Sales - Costs = Gross Profit and maybe Gross Profit / Sales = Gross Margin.

If we enter 100 in sell, 40 in cost, does the margin come out to be 60 or 0.6? If it comes out to 60, the margin is the Gross Profit. If it comes out to 0.6, then the margin is Gross Margin.

Good luck,

Paul

May 12, 2016 | Office Equipment & Supplies

1 Answer

If the unit selling price is $2.50 and the unit cost is $1.00, what action is needed to maintain the gross margin percentage when unit cost increases .25


Hi,

Let's set up a table to see it (sorry, I'm a visual learner;)

Selling Price $2.50 x
Unit Cost $1.00 $1.25
-------
Gross Profit $1.50 x - 1.25

Gross Margin 60% 60%

Time for some algebra;)

x - 1.25 0.6
---------- = -------
x 1

Now we can cross-multiply or multiply both sides by x to get rid of the fraction.

x - 1.25 = 0.6 x

Subtract 0.6x from both sides and add 1.25 to both sides to get the variables on one side and the constants on the other.

x - 0.6 x = 1.25
0.4x = 1.25

Divide both sides by 0.4 to get x by itself.

x= 1.25
------
0.4

x= 3.125

Good luck.

Paul

Feb 12, 2015 | Office Equipment & Supplies

1 Answer

Where do I go to find an on-line manual for TI 5045 Sv Texas Instruments calculator?


TI-5045 SV
ii
English.............................................................. 1
Fran?ais ............................................................ 6
Espa?ol ............................................................. 11
Portugu?s ........................................................... 16
Examples, exemples, ejemplos, exemplos .............................. 21
ILLUSTRATIONS ¦ FIGURES ¦ ILUSTRACIONES¦ ILUSTRA??ES
Removable tab
Languette
Leng?eta extracci?n
Alavanca usada para o rolo
Ink roller
Rouleau encreur
Tamp?n de tinta
Cartucho de tinta
1
English
Your Texas Instruments calculator has a built-in printer for producing a permanent record printout of
your calculations with negative numbers printed in red. A big, easy-to-read display also enables you to
check entries or perform quick calculations without printing.
GETTING STARTED
OFF ON PRT IC GT
POWER
1. Connect the calculator to a proper power outlet (110-120V or 220-240V
where available).
2. The calculator is turned on by setting the POWER switch to the PRT
position.
Inserting the paper (see illustrations 1, 2, 3, and 4 on page ii).
1. Turn on the calculator.
2. Open the printer compartment cover by pressing down on its front edge and sliding it back in the
direction of the arrow.
3. Fit the roll of paper on the holder so that it unrolls from the bottom, with the loose end toward the
calculator.
4. Cut the end of the paper squarely and insert it firmly into the printer slot on the back of the
calculator.
5. Press & until the paper is in the printing position.
Replacing the ink roller (see illustrations 5 and 6 on page ii)
1. Turn the calculator off and tear off the excess paper.
2. Remove the printer cover by pressing down on both sides of the front edge and sliding back in the
direction of the arrow.
3. Remove the old ink roller by lifting it with the removal tab.
4. Insert the new ink roller into the compartment and press down gently until it snaps into place. Close
the printer compartment.
Note: The old ink rollers should not be refilled. Replacement rollers can be obtained from your local
retailer. The warranty does not cover ink roller replacement.
2
SELECTION SWITCH SETTINGS
OFF ON PRT IC GT
POWER ROUND
: 5/4 9 + F 0 2 3
DECIMAL
4
TAX
SET CALC
Set the POWER, ROUND, DECIMAL and TAX switches as required.
Note: The TAX switch is spring-loaded to return to CALC when it is moved to SET and released.
The switch settings are summarized in the following table:
SWITCH SETTING FUNCTION
POWER ON
PRT
IC
GT
No printout is provided; however, the display can be printed by pressing
4.
The printer provides a printout of your calculations but does not count them.
The printer is on and an item count of additions and subtractions to or from
the register is printed when sub-totaled or totaled.
The GT position controls whether or not the totals from the independent add
register are accumulated in the grand total register.
ROUND Rounds the result of a calculation to the selected number of decimal places.
:
5/4
9
Truncates the result to the selected number of decimal places.
Rounds the result up or down according to its value. For example, when the
DECIMAL switch is set to 2, the result is rounded up if the third decimal
position is 5 or more and rounded down if it is 4 or less.
Rounds the result up to the selected number of decimal places.
Ex. 220 P 6
Setup: PRINTER: PRT, ROUND: :
DECIMAL: 2, TAX: CALC
Ex. 220 P 6
Setup: PRINTER: PRT, ROUND: 5/4
DECIMAL: 2, TAX: CALC
Press Display Printout Press Display Printout
2 0. 0¦ C
220 ' 220. 220¦ P
6 3 36.66 6¦ =
36¦66 ?
2 0. 0¦ C
220 ' 220. 220¦ P
6 3 36.67 6¦ =
36¦67 ?
DECIMAL + Add mode: All results are given with two decimal places. For addition and
subtraction only, a decimal point is automatically placed to the left of the last
two digits entered, unless the number already includes a decimal point.
F Floating mode: Any results are displayed and printed with the maximum
number of decimal places.
0 2 3 4 Fixed decimal mode: Sets the number of decimals to 0, 2, 3, or 4.
3
TAX SET
CALC
Lets you enter a tax rate to perform tax calculations.
Stores the tax rate. Pressing ! or " after a tax rate has been entered,
adds/subtracts the stored tax rate to/from the value in the display.
Ex. VAT = 17.5 %
100 + VAT
Ex. VAT = 17.5 %
235 - VAT
Setup: PRINTER: PRT, DECIMAL: F, ROUND: 5/4, TAX: CALC
Move and hold the TAX switch to SET. Press 217 L 5 and release the TAX switch. It
automatically returns to CALC. 17.5% is printed.
Press Display Printout Press Display Printout
2 0. 0¦ C
100! 117.5 100¦
17¦5 @
117¦5 ?
2 0. 0¦ C
235" 200. 235¦
N35¦ @
200¦ ?
Note: The most common setup is POWER: PRT, ROUND: 5/4, DECIMAL: 2, TAX: CALC. Use these
positions for the examples unless other settings are given.
KEY DESCRIPTIONS
Basic keys
I Clear Entry: Clears an entry, enabling you to enter another number in its place. Note
that this key does not clear the add register.
2 Clear Key: Clears the add register, any pending operations, and the display. 0.C is
printed. Does not clear the memory.
( Right Shift: Deletes the right-most digit entered from an entry before an operation key is
pressed. Shifts the remaining digits one place to the right.
L Decimal Point: Enters a decimal point.
4 Date/Non-Add: Prints a date (such as 12¦10¦96) or a number for reference purposes.
Does not affect calculations. This entry is printed on the left side of the printout, the date
or number preceded by the # sign.
& Paper Advance: Advances the printing paper.
Addition and subtraction keys
9 Add: Adds a number to the add register. Displays the cumulated result.
: Subtotal: Gives the intermediate total from the add register. Using this key does not
affect the contents of the add register.
. Subtract: Subtracts a number from the add register. Displays the cumulated result.
E Total: Gives the total from the add register, and then clears the register.
4
Multiplication, division, percent and margin keys
? Multiply: Multiplies the number in the display by the next value entered.
' Divide: Divides the number in the display by the next value entered.
3 Equals: Completes any pending multiplication or division operation.
> Percent: Calculates percentages, ratios, add-ons (e.g. of VAT), or discounts.
# Gross Profit Margin: Calculates the selling price of an item when its cost and gross
profit (or loss) margin are known; also used to obtain a price excluding VAT.
Ex.
Cost: 594
Profit margin: 40%
Press:2 594 # 40 3
Answer:
Selling price: 990
Gross profit: 396
Ex.
Selling price including VAT: 252
VAT %: 20%
Press: 252 # 20 . 3
Answer:
Selling price excluding VAT: 210
VAT: 42
/ Grand Total: Gives the grand total of the operations previously performed and stored in the
Grand Total register. Every time a total is obtained with E it is cumulated into this register
(printout shows G+) which is only cleared when / is pressed twice. During long
calculations, if / is not used, this re

Jan 16, 2011 | Office Equipment & Supplies

1 Answer

I must not understand what a margin is so could someone explain, the instructions give this example: If I purchase something for $2000 and want to make a 20% profit I would need to sell it for $2500 (2000...


Hi,
I think you should refer to you definitions. The 20% is called the markup. The profit margin is calculated with respect to the revenue. So you should divide the 400$ by 2400$ to get a net profit margin of 400/2400 =0.1667 or 16.67% (And we are not taking into account the taxes).

Margin = Markup /(price + Markup)
Markup = Margin* (Price +Markup)
Markup = Margin*Markup + Margin* Price
Markup*(1-Margin) =Margin*Price
Markup = Margin*Price/( 1-Margin)
For Price =2000, Margin =0.2 (that is 20%)
Markup = 0.2*2000(1-0.8) =0.2*2000/0.8
Markup = 2000*(0.2/0.8)= 2000*0.25 = 500

Thus to have a (net) profit margin of 20%, an item costing 2000$ must be marked up by 500$.

Try not to reason with numbers. Write the defining relation and use algebra to isolate for the variable you seek.

Hope it helps.
Thank you for using Fixya and for rating this solution.


Nov 30, 2009 | Canon P23-DH Calculator

1 Answer

Cost..Margin..etc.


download the user manual (P23-DH III) from here:
http://rapidshare.com/files/181603396/P23DHIII.PDF.html

Nov 01, 2008 | Canon P23-DH Calculator

2 Answers

Casio hs 8va Mark up key


Hold the % key till the set letters come up, then press TAX + , then type in your new rate then press the % key again to set the rate. hope this helps.

Jun 16, 2008 | Casio HS-8V Calculator

2 Answers

How do I use the Cost/Sell/Margin function on my Canon P100-DH 2 desktop printing calculator? Please for the love of god help me.


Cost/Sell / Margin can be very confusing it uses the following Account formulas (For Cost = Selling price - ( Selling price / Markup) For Sell = Selling Price =Cost / (1-Margin%))

It is not a pure percentage. Please respond back if you have any other questions.

Apr 22, 2008 | Office Equipment & Supplies

1 Answer

Instructions on How To Use a Calculator


Ok I looked for ages for how these keys work and once you knwo how it is quite simple.

say something costs 100, enter 100 then press the cost button
say you want a margin of 25% then enter 25% and press the mgn button the result is the selling price 133.33

So to reverse it enter 133.33 press the sell button
Enter 25% and press the mgn button
result is 99.99 cost price (100) bar a cent/penny

and finally to work out margin

enter 100 press cost button
enter 133.33 press sell button
result is 24.99 which is the percentage margin

Simple isn't it

Oct 18, 2007 | Office Equipment & Supplies

4 Answers

Determine Selling Price doesn't work


The computer is not broken and is correct saying what the sales price is. If you work backwards from selling price and take 20% off, then you get 29.24. The program is a generally accepted accounting principle (GAAP) that has markup not from cost, but from retail. You have been doing it wrong all these years and have been giving your customers a better deal. Play with the numbers and you will see what I mean.

Sep 25, 2006 | Office Depot KS-1000 Calculator

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