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HP·38E/38C - Slide Rule Museum

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20 Using Your Calculator<br />

Example: If the sales tax on a $6,200 car is 5%, what is the amount of<br />

the tax and total cost of the car?<br />

Keystrokes<br />

6200 [ErmA. I<br />

500<br />

Display<br />

6,200.00<br />

310.00<br />

6,510.00<br />

Enter base amount.<br />

Percentage amount (sales<br />

tax).<br />

Net amount (base plus<br />

percentage amount) .<br />

Percent Difference Between Two Numbers [l>% I<br />

To find the percent difference between two numbers, i.e., the ratio of<br />

increase or decrease:<br />

1. Key in the first number (old value).<br />

2. Press [ENTER. I to separate the first number from the second.<br />

3. Key in the second number (new value).<br />

4. Press QJ[l>%1<br />

Example: Your rent jumps from $285 a month to $335 a month. What<br />

percent is the increase?<br />

Keystrokes<br />

285 [ErmA. I<br />

335 QJ[l>% I<br />

Display<br />

17.54 % increase.<br />

Example: You forgot to place a stop order and your stock fell from<br />

$57.50 to $13.25 a share. What percent is the decrease?<br />

Keystrokes<br />

57.50 [ErmA. I<br />

13 .25 QJ[l>%1<br />

Display<br />

-76.96 % decrease.<br />

Retail calculations for markup and margin are simple percentage<br />

problems using the [l>% I function. For example, to calculate the markup<br />

of an item based on the wholesale or original purchase cost, enter the<br />

purchase cost, then key in the selling price and press QJ[l>% I . To

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