The White Pine news. [volume] (Treasure City, Nev.) 1868-1906, 1888-12-01
MARKING MERCHANDISE.
= Uenvcnient Table for Merchants IN N
Lines of Business.


= Uenvenient Table for Merchants In IN
Lines of Business.
Many goods bought and I'D by retail
merchants are billed and vended by the
dozen, says the Industrial World, and it often
happens that in marking them the mer-
chant is sometimes little puzzled as 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 " .en This il
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 viii make 81 70 each, and
what they should be sold for to gain % per
cent. on the cost. The 20 per cent. is taken
rs basis for the following reasons: We
can determine it instantly, by simply re-
moving the decimal point without changing
or adding figure. Therefore to mark al
article at any per cent. profit we may use
the following rs general rule: First find
20 per cent. profit as above, then as 20 per
cent profit is 120 per cent Of the cost and
profit, add or subtract from this amount the
fractional part that the required
per cent. added to 100 is more
or less than 100. The major
ity OF merchants, in making their
goods, generally take a per cent, that l.,
an aliquot part Of 100, as 20, 25, 3311<, so and
so on. The obvious reason for this Is, be-
cause it is much easier to add such per cent.
TO the cost, and merchant could mark q
dozen shovels, forks and hay knives at so
per cent profit in the time 1t would take
4r. llsstt1a
cent. Tho following Will be found very
convenient for merchants In marking al
articles bought by the dozen:
To make 20 per cent remov We decimal point
one place 10 left.
To m Ike 60 per cent. remove decimal point
one place TO lcft, and aid itself.
To make % per cent remove decimal poins
one place to left, and add q ITSELF
To make 30 per cont. remove decimal point
one place to let, and hid = self.
To make 81 per cent. rcrloye decimal point
one place TO lett and add rs ITSELF
To mako 80 per cest remove decimal point
one place TO left and al / III Itself
To make 81 per cent. remove decimal poiat
one place 10 left, and adl = itsolf
To make IS per eeai remove decimal point
one place TO left, and aed Itself.
To make 331s per cont remove decimal point
one place 70 loft and . ii 10 ITSELF
To make 81 per cent rcrnove decimal point
one place 10 Lett, and add no itself
To make 30 per cent remove decimal point
one place TO left, and add l-l2 ITSELF
To make % per cent. r-raove decimal point
one place 10 left, and add 1-l5 Itself.
To make 90 per cent. remove decimal point
one place TO left, and add 10 itself
To make % per cent. remove decimal point
one place 70 left. and add 1-24 itself.
To make l2h per cent. remove decimal point
plaea 10 left and s1Ihfrnrf Il
To make 16H per cent remove decimal point
one place TO left, and subtract 1876 itself
To make lsA per cent remove decimal point
one place to left, and subtract l-s6 itself
For instance, dozel hay knives cost s1b,
and 80 per cent. Is 10 be added-then removing
one point TO left Sl.50, aad add 1.l0-iB-S1.en,
the marking price