The New Normal Written Arithmetic; Designed for Common Schools, Normal Schools, High Schools, Academies, Etc
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The New Normal Written Arithmetic; Designed for Common Schools, Normal Schools, High Schools, Academies, Etc

The New Normal Written Arithmetic; Designed for Common Schools, Normal Schools, High Schools, Academies, Etc


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About the Book

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1877 Excerpt: ..."Johii Marble;" wha 0 was his gain % at the marked price? Ans. 18%. 14. I offered my house for sale at 35% advance on its cost, but finding no purchasers at that price it was finally sold at 35% less than was first asked; what was the gain or loss %?-4ns. Loss 12 %. 15. I bought base balls marked $12 a dozen for 50 and 10% off, and sold them to Jones for 25% advance, who sold them at $1 apiece; what % did Jones gaiu? Ans. 77 %. COMMISSION. 396. Commission is a percentage paid to an agent for the transaction of business. 397. An Agent is a person who transacts business for another; he is often called a Commission Merchant, a Factor, etc. 398. The Base in Commission is the actual amount of the sale, purchase, collection, or exchange. 399. The Net Proceeds is the sum left after the commission and charges have been deducted from the amount of a Kale or collection. 400. The Entire Cost is the sum obtained by adding 'the commission and charges to the amount of a purchase. 401. The Quantities considered are: 1. The Amoun, gold, bougJit, i't-.; 2. The Rate of Commission; 3. The Commission; 4. The Entire Cost or Net Proceeds. The goods forwarded to be sold on commission are called a consignment; the person sending theni is called the consignor; and the person to whom they are sent, the conxiynee, or Factor. An agent residing at a preat distance, from his employer, is often called a correspondent; th- perjon for whom an agtmt diK business is called ilie PrincipaJ, . CASK I. 4O2. Civettf the bane anil rate to find the commission or net proceeds, or entire cont. 1. An agent bought a house for $8650, his rate of commission being 3 %; what was his commission? Operation. Solution.--The commission was.03 times $8650, $8650 which equals $302.75. 0...


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Product Details
  • ISBN-13: 9781130209419
  • Publisher: Rarebooksclub.com
  • Publisher Imprint: Rarebooksclub.com
  • Height: 246 mm
  • No of Pages: 118
  • Spine Width: 6 mm
  • Width: 189 mm
  • ISBN-10: 1130209415
  • Publisher Date: 01 Mar 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 227 gr


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The New Normal Written Arithmetic; Designed for Common Schools, Normal Schools, High Schools, Academies, Etc
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