Elementary arithmetic, with brief notices of its history... by Robert Potts.

18 his outlay, he then raises the price to 6s.; what does he clear per cent. by the latter price? 7. If 14 per cent. be lost in the sale of goods for 8s.; what was the loss per cent. if sold for 7s. 6d.? 8. If 5 per cent. be lost in selling cloth at 10s. a yard; how much is gained or lost per cent. by selling it at 12s. 6d. a yard? 9. In a sale of goods for ~182 there is a loss of 9 per cent.; for what must 3 times the quantity be sold in order to gain 7 per cent.? 10. If 20 per cent. be gained by selling an article for 10s. 6d.; what is the gain or loss per cent. when it is sold for 8s.? 11. When goods are sold for ~80, the gain per cent. is 10; what should be the price of an equal quantity of the same article that the gain per cent. might be 19? 12. Goods are bought for ~142. 10s., and sold for ~163. 13s. lld.; what is the gain per cent.? 13. A grocer had 1501b. of tea, of which he sold 501b. at 9s. per pound, and found he was gaining only 7~ per cent. But he wished to gain 10 per cent. on the whole. At what rate must the remaining 0llb. be sold that he may attain his wishes? XVI. 1. A tradesman adds 35 per cent. to the cost price of his goods, and gives his customers a reduction of 10 per cent. on their bills; what profit does he make? 2. A merchant bought goods for ~170, and sold them again for ~210 to be paid at the end of nine months. What was his gain in ready money discounting at 6 per cent.? 3. A tradesman finds that if he asks for his goods 15 per cent. above the wholesale price, he can sell his whole stock in 4 months, whereas if he asks 20 per cent. he requires 6 months to sell the same amount. Which will he find the more profitable system at the year's end? 4. A bill of ~630 due a year hence can be taken up now at 5 per cent. discount. Supposing that a tradesman can employ his capital so as to obtain interest at the end of every quarter at the rate of 4- per cent. per annum, had he better so employ it, or take up the bill? and what will be the difference to him? 5. A tradesman marks his goods with two prices, one for ready money, and the other for one year's credit, allowing discount at 5 per cent. If the credit price be marked 12s. 3d., what ought to be the cash price? 6. If a manufacturer sell an article of which the first cost is ~100 to a wholesale dealer at 10 per cent. profit, the wholesale dealer to the retailer at 15 per cent. profit, and the retailer to the consumer at 30 per cent. profit; what sum is paid by the consumer as profits ia addition to the first cost of the article?

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Title
Elementary arithmetic, with brief notices of its history... by Robert Potts.
Author
Potts, Robert, 1805-1885.
Canvas
Page viewer.nopagenum - Table of Contents
Publication
London,: Relfe bros.,
1876.
Subject terms
Arithmetic

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"Elementary arithmetic, with brief notices of its history... by Robert Potts." In the digital collection University of Michigan Historical Math Collection. https://name.umdl.umich.edu/abu7012.0001.001. University of Michigan Library Digital Collections. Accessed June 8, 2025.
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