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Daboll's Complete Schoolmaster's Assistant; Being a Plain Comprehensive System of Practical Arithmetic, Adapted to the Use of Schools in the United States...

Daboll's Complete Schoolmaster's Assistant; Being a Plain Comprehensive System of Practical Arithmetic, Adapted to the Use of Schools in the United States...


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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. 1849 Excerpt: ...of COMMISSION, BROKERAGE, INSURANCE, &c. 1. Commission is an allowance of so much per cent to a correspondent or factor abroad, for buying and selling goods for his employer. 2. Brokerage is an allowanoe of so much per cent to persons assisting merchants and traders, in buying or sellr mg goods. 3. Insurance is a premium at so much per cent, allowed to persons and offices for making good the loss of vessels, houses, merchandize, &c., which, may happen from storms, fire, &c. The instrument which binds the parties is called a Policy. EXAMPLES. 1. What must I demand for selling goods to the amount of 548 dollars, at 2 per cent commission? Ans-$12,33. 2. Required the commission on 875 dollars 56 cents, at 3$ per cent? Ans. $30 64c. 4m. 3. What must my correspondent demand, who has sold goods to the amount of 3500 dollars 24 cents, at 3-per cent commission? Ans. $135 63c. 4m. 4. What is the brokerage upon, 511 dollars 50 cents, at 33 per cent? Ans. $170,50 5. What may a broker demand who sells goods to the amount of $4500 at 12$ per cent? Ans. $562,50. 6. What is the insurance of $350, at 2$ per cent? Ans. $8,75. 7. A man's house, estimated at 2450 dollars, is insured against fire for 3 per cent per year; what insurance does he pay annually? Ans. $81 66c. 6m.+ 8. What is the insurance of a ship and cargo, valued at $69450, at 15$ per cent? Ans. $10764. STOCItf is the general name given to all monies invested, in trading companies, or of any corporation or fund of Government. When $100 of Stock sells for $100, it is said to be at par? when it sells for more, it is said to be above par; and when it sells for less, it is said to be below par. 9. What is the value of $5421 of stock, at 1 12$ per cent; that is, when $1 of stock sells for $1,12$, which is 1..


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Product Details
  • ISBN-13: 9781130722314
  • Publisher: Rarebooksclub.com
  • Publisher Imprint: Rarebooksclub.com
  • Height: 246 mm
  • No of Pages: 64
  • Spine Width: 3 mm
  • Width: 189 mm
  • ISBN-10: 1130722317
  • Publisher Date: 01 Mar 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 132 gr


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