MKII = 80% of 4.2v per cell charge
I tested two different MKII
chargers and the results were the same, 80% capacity of a 4.20v per cell charge.
If you fly to a higher cutoff voltage and use less of the total pack capacity, percentage of charge for the MKII would be less not more.
The MKII is a nice safe charger for Lipo, but unless there was a revision change(?) it can’t charge a 3-cell pack to 12.4v because it terminates the charge at a lithium-ion safe 4.1v per cell or 12.3v.
This is a test I did for capacity vs. Resting voltage.
72 degree pack and room temp.
The (999mAh) pack was discharged each time at 1C, to a 3v per cell cutoff.
Then I added a fixed percentage of charge, and measured the resting voltage after 12 hours.
Next I discharged the pack and verified the percentage of capacity.
At the end of all testing I charged the pack fully and did a accuracy / repeatability test.
The repeatability of the test was over 98%.
4.20v = 100%
4.03v = 76%
3.86v = 52%
3.83v = 42%
3.79v = 30%
3.70v = 11%
3.6?v = 0%
Capacity below 3.7v "resting" is not usable for flying, it's where the battery voltage dump begins.
Recent Capacity@Voltage graphs (testing new packs), are located here