The Packard Commercial Arithmetic

Cover The Packard Commercial Arithmetic
The Packard Commercial Arithmetic
Packard, S. S. (Silas Sadler), 1826-1898
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, from Feb. 11 to Sept. 8, at 2|-%.
82. A commission merchant sold 24160 pounds of leather at 26f cents a pound, paid transportation $60. 40, cartage $20, his commission being 2J%, and his charge for inspection $20. What were the net proceeds ?
83. What per cent, profit does a merchant make who buys at a discount of 20, 10, and 12%, and sells at the list price ?
34. At what per cent, above cost must goods be marked, so that when sold at a discount of 5%, there would be a profit of 25% ?
85. A b
...uys a bill of goods amounting to $2776. 40, on the fol- lowing terms : "4 months, or less 5% cash. " He accepts the latter, and borrows the money at 6% to pay the bill. How much does he gain ?
86. I purchase books at $2 each less 33 J% and b% for cash. What was the net cost, and what per cent, discount may be given on the list price to produce a net profit of 10% ?
37. C of New York sells for D of Atlanta, a quantity of cotton, amounting to $7317. 83, and charges a commission of 2%. By instructions, he invests the proceeds in dry goods, after deducting a commission of \\% of the amount expended.


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