PROPOSITION IV.
How a Commodity must be sold by retail, upon a∣ny certain loss of money in the whole parcel or quan∣tity.
The scales of commerce and trade: ballancing betwixt the buyer and seller, artificer and manufacture, debitor and creditor, the most general questions, artificiall rules, and usefull conclusions incident to traffique: comprehended in two books. The first states the ponderates to equity and custome, all usuall rules, legall bargains and contracts, in wholesale ot [sic] retaile, with factorage, returnes, and exchanges of forraign coyn, of interest-money, both simple and compounded, with solutions from naturall and artificiall arithmetick. The second book treats of geometricall problems and arithmeticall solutions, in dimensions of lines, superficies and bodies, both solid and concave, viz. land, wainscot, hangings, board, timber, stone, gaging of casks, military propositions, merchants accounts by debitor and creditor; architectonice, or the art of building. / By Thomas Willsford Gent.
About this Item
- Title
- The scales of commerce and trade: ballancing betwixt the buyer and seller, artificer and manufacture, debitor and creditor, the most general questions, artificiall rules, and usefull conclusions incident to traffique: comprehended in two books. The first states the ponderates to equity and custome, all usuall rules, legall bargains and contracts, in wholesale ot [sic] retaile, with factorage, returnes, and exchanges of forraign coyn, of interest-money, both simple and compounded, with solutions from naturall and artificiall arithmetick. The second book treats of geometricall problems and arithmeticall solutions, in dimensions of lines, superficies and bodies, both solid and concave, viz. land, wainscot, hangings, board, timber, stone, gaging of casks, military propositions, merchants accounts by debitor and creditor; architectonice, or the art of building. / By Thomas Willsford Gent.
- Author
- Willsford, Thomas.
- Publication
- London, :: Printed by J.G. for Nath: Brook, at the angel in Cornhill.,
- 1660.
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- Subject terms
- Architecture -- Early works to 1800.
- Arithmetic -- Early works to 1800.
- Cite this Item
-
"The scales of commerce and trade: ballancing betwixt the buyer and seller, artificer and manufacture, debitor and creditor, the most general questions, artificiall rules, and usefull conclusions incident to traffique: comprehended in two books. The first states the ponderates to equity and custome, all usuall rules, legall bargains and contracts, in wholesale ot [sic] retaile, with factorage, returnes, and exchanges of forraign coyn, of interest-money, both simple and compounded, with solutions from naturall and artificiall arithmetick. The second book treats of geometricall problems and arithmeticall solutions, in dimensions of lines, superficies and bodies, both solid and concave, viz. land, wainscot, hangings, board, timber, stone, gaging of casks, military propositions, merchants accounts by debitor and creditor; architectonice, or the art of building. / By Thomas Willsford Gent." In the digital collection Early English Books Online 2. https://name.umdl.umich.edu/A74684.0001.001. University of Michigan Library Digital Collections. Accessed May 27, 2024.
Pages
Page 6
The RULE.
As the quantity of any Commodity or Parcel is to the difference betwixt the Price and Losse, so shall 1 C, 1 lb, or one yard of the Commo∣dity it self be proportionable unto the rate it must be sold at.
An Explanation upon Loss sustained in any Commodity. Lib. 2. Parag. 8.
A Grocer bought 340 lb sub∣tile 〈 math 〉〈 math 〉 of a Commodity which cost him in ready money with his char∣ges 13 lb. 16 ss. 3 d. and by this parcel he lost 1 lb. 1 ss. 3 d. what was it sold for a pound? the loss in the whole subtracted from the price it cost, the remainder or difference is 12 lb. 15 ss. which in pence is 3060 d. so the proportion will be as 340 lb, is to 3060 d, so shall 1 lb be to the price of it; which is 9 d, as in the Table appears: and as for the trial of it, the pro∣portion will be as 1 lb is unto 9 d, so will 340 lb be unto 3060 d, or 12 lb. 15 ss. as by the first Proposition.