The Black range. (Robinson, Socorro County, N.M.) 1882-1897, 1895-03-29
MARKING MERCHANDISE.
A Convenient Tab e for Merchants in An
Lines OF Business.

A SOANCh1Nnh al Y IhtFtfAlnNS III AL
Lines of Business.
Many goods bought and sold 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 a little puzzled as to the
percentage the selling prlce bears to the
wholesale figures. After adding freight
and carriage proceed by the following
method. 10 make a profit or 20 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 S1.75 each, and
what they should be sold for to gain 20 per
cent. on the cost. The GO per cent. is taken
as a 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 any per cent. profit we may use
the following as q general rule: First find
20 per cent. profit as above, then as 20 per
cent profit is 100 per cent Of the cost and
profit, add or subtract from this amount the
lAdCLltAlAl BLlt tLlttU INC TcUulTGu
per cent. added TO 100 is more
or less than 40. The mejor-
ity of merchants, in making their
goods, generally take a per cent, that is,
an aliquot part of 100, as 20, IS, 33H, so and
so on. The obvious reason for this is, be-
cause it is much easier to add such percent.
to the cost, and a INGREDIENT could mark a
dozen shovels, forks and hay knives at so
per cent. profit in the time it would take
him to calculate and mark one at IS per
cent. The following will be found very
convenient for merchants In marking all
articles bought by the dozen:
To make 20 per cent. reno We decimal point
one place to left.
To Ike 81 per cent, remove decimal point
one place to left, and add u itself.
To make 60 per cent. remove decimal point
one place to left, and add q .tseif.
TO make 80 per cent. remove decimal point
one place 10 left, and add L i self.
TO make A per cent. remove decimal point
one place to lett, and add Is itself.
To make 30 per cent. remove decimal point
orc place to left, and add 16 itself.
To make 81 per cent. remove decimal point
one place to left, and add ~ itself.
To make 50 per cent. remove decimal point
one piece to left, and add itself.
10 make 33}5 per cent, remove decimal point
one place to left and add 10 itself.
To make 80 per cent. remove decimal point
one place to left, and add ITO itself.
To make 30 per cent, remove decimal point
one place to left, and add lie itself.
To make % per cent. remove decimal point
one place to left, and add lis Itself,
To make &c per cent, remove decimal point
one place to left, and add 1870 itself.
To make rs per cent. remove decimal point
one place to left, and add 1-s4 itself.
To make 12h per cont. remove decimal point
one place to lett, and subtract 1-16 itself.
To make 1853 per cent. remove decimal point
one place TO left, and subtract 1-3G itself.
To make 1874 per cent. remove decimal point
one place to left, and subtract 1850 itself.
For instance, a dozen hey knives cost s15,
and % per cent. is TO be added then removing
one point TO left $3.50, and add 1-l0=15-S1.65,
the marking price.