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. 1901 Excerpt: ...3 cents, and sell them at the rate of 2 for 5 cents, what per cent profit do I make? 32. A jeweller sold two watches at S 24 each. On one he gained 20%, and on the other he lost 20%. What did both watches cost him? COMMISSION. 304. Oral. 1. A certain agent receives for his services 2% of the value of the goods which he ...
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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. 1901 Excerpt: ...3 cents, and sell them at the rate of 2 for 5 cents, what per cent profit do I make? 32. A jeweller sold two watches at S 24 each. On one he gained 20%, and on the other he lost 20%. What did both watches cost him? COMMISSION. 304. Oral. 1. A certain agent receives for his services 2% of the value of the goods which he sells. How much will he receive for selling $ 1000 worth of goods? 2. A purchasing agent receives for his services 3% of the value of the goods purchased. How much will he receive for purchasing $ 2000 worth of goods? 3. How much must I pay my agent for selling $3000 worth of potatoes if I pay him 5%? 4. At 5% how much will a collecting agent receive for collecting $800? 5. How much must I pay my broker for selling $1000 worth of stocks, if I pay him J0 of their value? 305. An Agent is a person who transacts business for another. 306. Some agents are known as Brokers, or Commission Merchants, according to the kind of business transacted. 307. The compensation of an agent is called Commission, or Brokerage. The commission of a purchasing agent is usually a certain per cent of the value of his purchases. The commission of a sales agent, or of a collector, is usually a certain per cent of the amount collected. 308. The merchandise sent to a commission merchant to be sold is called a Consignment. 309. The sender is the Consignor, and the person to whom the goods are sent is the Consignee. 310. The commission is the percentage, and the amount collected or invested is the base. 311. Written. 6. An auctioneer charges 5% commission for selling $864 worth of goods. What is the amount of his commission? 7. Sold 850 barrels of flour at $5.25 a barrel, and charged 2-% commission. Find my commission. 8. What is an agent's commission for selling 6840 Ib. o...
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