[X4U] Tiger's Calculator.app no longer does percentages?

T.L. Miller tlmiller at mac.com
Tue Nov 29 12:50:52 PST 2005


On 11/29/05, at 3:05 PM, Richard Gilmore rgilmor at uwo.ca said:

>This is exactly how retail markups are calculated. No joke. A 40% markup is
>actually calculated by multiplying by 1.67

At Sears, the selling price minus the cost and then divided by the
selling price would give us the gross markup. A $10 item that cost $6
would have a 40% gross markup. We mainly used a landed markup and we got
that by multiplying the cost by 102% to cover freight -- 38.8% markup.


Tom Miller
..................................................
"The only time we see the middle of the road is as  
we run from side to side." R.O.Clark 
...................................................






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