# Modern Business Arithmetic; A New and Complete Treatise on Commercial Arithmetic

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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. 1908 edition. Excerpt: ...20. The prime cost is \$560 and the commission \$14? 21. The prime cost is \$760 and the commission \$19? 22. The gross proceeds are \$960 and the commission \$2.88? 23. The prime cost is \$840 and the commission \$7.35? 24. The prime cost is \$750 and the gross cost \$768.75? 25. The prime cost is \$660 and the gross cost \$669.90? 26. The gross proceeds are \$1480, and the net proceeds \$1476.30? 27. The gross proceeds are \$1500, expenses, other than commission, \$10, and net proceeds \$1460? \$1500 (gross proceeds)--\$1460 (net proceeds)=\$40 (total expenses). \$40 (total expenses)--\$10 (attending expenses)=\$30 (commission). \$30 (commission)-\$1500 (gross proceeds)=2% (rate of com.). 28. The prime cost is \$280, expenses, other than commission, \$5, and gross cost \$289.20? \$289.20--\$280=\$9.20 (total expenses). \$9.20--\$5 =\$4.20 (commission). 29. What are the gross proceeds of the sale if the commission is \$28 and the rate of commission 2%? (Class 1, formula 3.) What are the gross proceeds or prime cost if 3O. The selling commission is \$13.50 and the rate 3 %? 31. The selling commission is \$85.80 and the rate 2f %? 32. The buying commission is \$18 and the rate 1 %? 33. The brokerage for buying is \$20 and the rate TB7 %? 34. The net proceeds are \$3152.50 and rate of commission 3%? 100%--3fe=91% (rate of net proceeds). 35. The net proceeds are \$1384.50 and rate of commission 2 %? 36. The gross cost is \$659.80, expenses, other than commission, \$15, and the rate of commission 4%? \$659.80 (gross cost)--\$15 (expenses)=\$644.80 (commission cost). \$644.80-1.04 (rate of commission cost)=\$620 (prime cost).. 37. The net proceeds are \$304.50, expenses, other than commission, \$4.20, and the rate of commission 2f0? \$301.50+\$4.20=\$308.70 (commission proceeds). \$308.70-8-.98...

## Product details

• Paperback | 112 pages
• 189 x 246 x 6mm | 213g
• Miami Fl, United States
• English
• black & white illustrations
• 123655115X
• 9781236551153