Higher Analytical Arithmetic, or the Method of Making Arithmetical Calculations on Principles of Universal Application, Without the Aid of Formal Rules
Higher Analytical Arithmetic, or the Method of Making Arithmetical Calculations on Principles of Universal Application, Without the Aid of Formal Rules
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. 1874 Excerpt: ...or loss in buying and selling. It also teaches how to adjust the prices of commodities, so as to gain or to lose a certain per cent. CASE I. Art. 279. To find the per cent. gained or lost when ice know the cost of an article and the selling price. Ex. 1. A merchant buys a box of hats for $36 and sells them for $45; ...
Read More
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. 1874 Excerpt: ...or loss in buying and selling. It also teaches how to adjust the prices of commodities, so as to gain or to lose a certain per cent. CASE I. Art. 279. To find the per cent. gained or lost when ice know the cost of an article and the selling price. Ex. 1. A merchant buys a box of hats for $36 and sells them for $45; what is his gain per cent.? Analysis. As he buys the hats for $36 and sells them for $45, he gains $9 on the whole. Then, as he gains $9 on $36, on $1 he gains of S9 = $-= of a dollar, or 25 cents on each dollar, which is 25 per cent. Ans. 2bfo 2. A merchant buys a piece of cassimere for $35, and afterward sells it for $25.20; what per cent. does he lose? Analysis. As he buys the cloth for $35 and sells it for $25.20, ho evidently loses $9.80 on the whole. If on $35 he loses $9.80, then on $1 he loses of $9.80 = cents = 28 cents on the dollar, or 28 per cent. Ans. 28%. From the foregoing Analysis the reason will be obvious for the following Rule. Make the gain or the loss the numerator, and the cost of the article the denominator of a common fraction, and reduce this fraction to a decimal. Examples. 3. If I buy a pair of boots for $6 and afterward sell them for $7.50, what per cent. do I gain 1 Ans. 25%. 4. If cassimere is bought for $1.50 per yard, and afterward sold for $2, what per cent. is gained? Ans. 33 %. 6. A pair of shoes is bought for $1.50 and afterward sold for $2.50; what per cent is realized? Ans. 66$%. 6. A man buys a horse for $135 and afterward disposes of him for $157.50; what per cent does he gain? Ans. 16%. 7. A grocer sells for $7.50 a barrel of oranges which cost $6.25; what per cent does he gain 1 Ans. 20%. 8. A dealer in provisions buys 20 barrels of flour for $125 and afterward sells the same for 16.87- per bar...
Read Less
Add this copy of Higher Analytical Arithmetic, Or the Method of Making to cart. $60.25, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2011 by Nabu Press.