3. A commission merchant sold 250 barrels of sugar, each weighing 350 pounds, at 9 a pound and 158 barrels of molasses, each containing 48 gallons, at 77¢ a gallon. Find his commission at 2%.

4. A real estate agent sold a house for $4450 at 11% commission. What sum did he send the owner?

5. Rule a sheet of paper and copy the following account sales, making the necessary extensions :

6. Prepare an account sales under date of January 10, for 5000 bushels of wheat, sold by J. J. Campbell & Co., Springfield, Mass., for the account of Walter Bros., North Adams, Mass., Sales, No. 25; 500 bushels at $2.08, December 30; the remainder at $2. Charges: freight, $91; cartage, $15; storage, $15.50; insurance, 1%; guaranty, 1%; commission, 21%.

7. Prepare an account sales under date of October 15 for the account of J. C. Brown & Co., sold by Thomas Moody & Co., both of Chicago, Ill., October 3; 50 barrels of W. R. flour at $9.25; 100 barrels of K. A. flour at $9.80. Charges: freight, $50; cartage, $14.50, both under date of Oct. 1; Oct. 11, storage, 150 barrels at 4¢ a barrel; insurance, 1%; commission, 33%.

8. Put the following in the form of an account sales : William C. Jones, St. Louis, Mo., sold for account of Charles W. Franklin, Chicago, Ill., the following goods : August 4, 7 pieces of summer silk, 284 yards, at $1.85; August 13, 5 pieces black silk, 216 yards, at $1.50; August 17, 16 pieces calico, 798 yards, at 19¢; September 3, 19 pieces alpaca, 548 yards, at 38¢; September 10, 25 pieces diagonals, 587 yards, at 75¢. Charges: August 1, freight and cartage, $65.48; insurance, 1%; commission, 4%. Find the net proceeds.

9. Arrange the following in the form of an account sales E. P. Clark & Co., Peekskill, N. Y., sold for account of John Mason, the following: November 1, 300 bushels potatoes at $1.95; November 16, 200 bushels at $1.85; December 1, 240 bushels at $1.90. Charges: November 1, freight, $85.45; cartage, 21¢ per bushel; storage at 2¢ per bushel; commission, 41%. Find the net proceeds.

10. Rule a sheet of paper and copy the following account purchase, making the necessary extensions.

ACCOUNT PURCHASE

Purchased by F. J. BOWEN & Co.

UTICA, N. Y., MAY 10, 1919

For the Account of E. L. GREEN, ROME, N. Y.

11. In accordance with the foregoing form prepare an account purchase of tea purchased by W. L. Thomas, Feb. 21, for the account of Jones, White & Co., both of Boston, Mass.; 10 half-chests of J. tea, 600 lb., at 47¢; 5 half-chests O. tea, 250 lb., at 45¢; 5 cases C. tea, 250 lb., at 50¢; 8 half-chests E. B. tea, 480 lb., at 49¢. Charges cartage, $8.80; commission, 4%.

12. Prepare an account purchase for the following: David Carey, New York City, bought of the account of Henry Grant & Co. of Newark, N. J., August 16, 1916, 68 yd. fancy prints at 25¢; 42 yd. colored silk at $1.25; 1 dozen ladies' felt hats, $30; 18 yd. black cassimere at $1.50; 3 suits boys' clothing at $10. Charges: packing and cartage, $2.40. Find entire cost, commission being 5%.

13. Prepare an account purchase for the following: March 18, 1916. A. B. Morse & Co., Trenton, N. J., bought for account of Harris & Price, of Philadelphia, Pa., March 18, 150 bbl. Dakota flour at $9.75; 80 bbl. buckwheat flour at $12.40; 480 bu. ground feed at 60; 500 bu. bran at 30; 20 bbl. G. M. flour at $11. Cartage, $7.90, commission, 4%. What is the entire cost?

14. A merchant in Boston shipped to his broker in New York a carload of potatoes, 967 bushels, which were sold at $2.25 a bushel. What was realized on the sale if the broker charged 41% for selling and the freight was $67.96? How many pounds of Java coffee could be purchased with the proceeds of the sale of potatoes if coffee is 45¢ a pound and the broker charges 2% for buying?

References 313, 314, 315.

49. 1. A commission merchant working on a 4% commission earned $240.50 for selling a consignment of flour. What did the flour sell for?

2. My commission for selling goods at 2% amounted to $250.50. What was the selling price of the goods?

3. I bought goods, receiving $75.30 as my 5% commission. What did I pay for the goods and what was the total cost to my principal?

4. A commission merchant whose charge is 11% finds that his total receipts for commissions for 3 months amount to $4856. What was the value of his sales for the same time?

5. A collector charges 5% for his services. In order that he may clear $3000 a year, what must his collections amount to?

6. I receive $736.96 as the net proceeds of the sale of goods through a commission merchant, the only charges being 2% for commission. What was the gross sales?

7. My lawyer sends me $77.80 as the proceeds of a claim which he has collected for me. What was the claim, his commission being 5%?

8. We have received a check for $344.75 as the net proceeds of a sale on which the commission was 11%. What was the total sales and what was the commission?

9. I sent my commission merchant $138.65 to pay for goods purchased by him, including commission of 31%. What did he pay for the goods?

10. I received $185.40 from J. C. Bryan to cover the amount of goods purchased and my commission of 3%. What was the amount of the purchase?

11. I received $564.20 with instructions to purchase certain supplies, my commission to be 11%. What amount will I invest in supplies and what will my commission be?

12. A commission merchant received $1606 to invest, after deducting a commission of 3%. How much can he invest?

13. We received $145.50 as the net proceeds of a consignment. The rate of commission was 2% and other charges $2.50; what was the selling price of the goods?