The Red Cloud chief., 1888-07-06
r MERCHANDISE.

A C0nv0nb0nt Tob for Merchant In All
Lln0s u BusinesA.
Many goods bought and sold by retail
merchants are billed and vended by the
dozen. says the IndustriaI World, and it often
happens that in marking them the mer-
chant is sometimes . little puzzled IS to the
percentage the selling price bears to the
wholesale figures. After adding freight
and carriage proceed by the following
method. To make . profit or % per cent,
divide the cost per dozen by ten. This Is
done by removing the decimal point one
place to the left. To illustrate: II Ames'
scoops cost $3.50 per dozen, delivered at
store. remove the decimal point one place
to the left. which will make &1.sj each, and
what they should be sold for to gain - per
cent on the cost. The q per cent. is taken
As q basis for the following reasons: We
can determine it instantly, By simply re
moving the decimal point without changing
or adding a figure. Therefore to mark an
article At AM per cent profit we may use
the following as . general rule: First find
20 per cent. profit as above, then As 20 per
cent. profit is 10 per cent of the cost and
profit. add or subtract from this amoun the
fractional part that the required
per cent added to 100 is more
or less thar 10. The major
ify of merchants, in making their
goods, generally take a per cent, that is,
an ailquo. part Of 100, as 20, y. S31ES, 50 and
so on. The obvious reason for this is, be-
cause i, is much easier to add such per cent.
TO the cost, and a merchant could mark =
dozen shovcis. forks and hay knives at 20
per cont. profit in the time il would take
hira 10 calculate and mark n a: s. per
cent. The following will be found very
convenient for merchants In marking all
articles bought by the dozen:
To make 70 per cent. remove decimal point
one placc 10 LEFT.
To MAKE 50 Per cent. remove decimal point
one place to left. ana add y ITSELF.
To make 90 per cent remove decimal point
one place 10 left, ana add |, Itself.
To make 81 per cent. remove decimal point
one place TO left, and add Il :scif.
To make II per cent. remove decimal POINT
one place TO Left md add IL itself.
To make 10 per cent. remove decimal point
one place 10 left, and :di l-1itself.
To make 81 rer cent. remove decimal po!r:
one place to lefi, and add l.: itself.
To make IS per cent. remove decimal point
ore place 10 left, and add . itself.
To make -3i5 per cent. remove decimal point
Ole place 10 left ard add 10 itself.
To MAKE 3: per cent. remove decimal point
one place 20 left and add lilo itself.
40 make % per cent remove decimal point
Vnc place 10 ic..ss and odd liz ITSELF
To make - per cent. remove decimal point
one place 10 left. and add l-lo 4.selG.
To make ~ per cent. Pemo"s decimal point
ono place TO left. and add 80 ITSELF.
To make - per ccSt. .e-o.c dee4aaal point
one place TO left. and add ia itselE.
To make i2;, per cent. remove decimal point
one place 10 lett. and subtract LIS itself.
To make 1855 rer cent remove decimal point
one place 10 left, and subtract lSs ttself.
To make lsi pc: cent remove decimal point
one place TO left, and subtract i-9S ftself.
For instance. . dozen hay knives cost as
and .. per cent. is 10 be a~dded-then removing
one point TO left el.O, and add 1-10-lS-ef.&
the marking price.