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The private exam is worth 1000 gold coins of which 60% goes to the examiner, 10% to the medicinal ingredients and 30% as a commission from the guilds for the use of their facilities.
That is to say that the costs of making one Elemental Opening Pill were 100 Gold Coins! Not counting the cost of the cauldron.
But this investment was profitable because only one High-Grade Elemental Opening Pill could be worth more than 5000 Gold coins, meaning that with a single set of herbs one could grow one's fortune 500 times.
Not to mention whether one refines a higher grade Spiritual Opening Pill or Supreme, These pills will be priced between 5 to 6 figures without hesitation.
Why the high price?
Simple, Because the success rate of an average Alchemist was 40-60% and they were an excellent Alchemist 80-90% but alchemists with a success rate of 100% existed but were as rare as Phoenix feathers. Since very few of the alchemists will focus on honing their skills before moving forward. Not to mention the resulting degree of success.
(Note: This is within your profession range, i.e. a 2-star Alchemist will have a success rate of 100% in one-star pills but will have 40-60% in two-star pills.)
Being an Alchemist was very profitable but also the expenses were very astronomical. If there were big businesses that really earned more were the powers or families that were dedicated to growing spiritual herbs because in that market there was always a lot of demand but very little supply.
The only bad thing was that to have something like this people have to have a special method to accelerate the growth of herbs in addition to having knowledge of agriculture or have people with a wood const.i.tution to accelerate growth.
Making the people who can enter that market very small and the big profits out for very few people.
If Alexander wanted to be a supplier of medicinal herbs for the alchemists but just like the great powers he would first see if he could meet their needs and if there was anything extra he would sell it.
With this in mind, Alexander decided to sell the pills in the same guild.
Without hesitation, he left the room and wandered through the guild, came to the area of attention to ask for his emblem of Alchemy Apprentice.
This was a great honor for many but for Alexander, it was only a state that allowed him to buy resources easier.
Nothing special.
He soon reached the area where this was relatively full because the Alchemy in this City is much more flourishing than a desolate land like the Dawn Kingdom.
In this great hall, there were men and women of all ages.
On the other side of the box, there were men and women attending where the longest lines were with the most beautiful or handsome female or male a.s.sistants.
Alexander did not care and saw through all the attention windows until he found an empty window with no one being attended to.
He soon saw a middle-aged man on the other side of the window, serious and intimidating, waiting for someone to approach him.
So he quickly went to his window but Alexander had a dark expression because he did not reach the window.
So he just had to climb up and hang on to the window and complain: "Because they exclude children, children are alchemists too. Make a children's window!"
The man just looked at the child in the window and said: "What do you want? Your grandfather sent you to buy medicinal ingredients or what?"
Alexander showed an angry expression and said, "My grandfather? My grandfather is busy f.u.c.king your wife, hmph".
"That's impossible."
"Eh why?"
"I don't have a wife"
"Then your daughter."
"I don't have one either."
"Mother?"
"Dead"
"Sister?"
"I'm an only child"
Soon this couple started talking attracting people's attention, after all, there was a boy arguing with a middle-aged man as if they were two old fogies cursing each other.
But soon Alexander felt his bandages overcome out of his face. This d.a.m.ned old man responded to all his curses as if nothing had happened. He was no doubt an expert at exasperating people.
So he surrendered and said with clenched teeth, "I came for my alchemy apprentice emblem and sold a few pills."
Hearing this the man could not help but show a faint expression of a surprise but quickly returned to his serious expression by asking: "Name?".
"Alexander Alba"
After this, the man saw on the computer and went by the emblem corresponding to High-Grade Apprentice.
But seeing the boy receive the emblem the man could not help but see with curiosity Alexander an 11-year-old boy being an Alchemy Apprentice no doubt in a couple of years he could become a 1-star Alchemist and perhaps become a 2-star Alchemist.
After this, I ask: "What pills do you have for sale?"
Alexander answered dryly: "10 High-Grade Elementary opening pills".
Everyone in the room had a good ear and when they heard that the whole room was quiet turning to see Alexander in the window.
Alexander took out his jade bottle with ten pills inside and placed it in front of the counter while the man couldn't help but show an astonished face on his face.
This had made him lose his composure.
After all, this was a High-Quality Elemental Opening Pill!
This was something that even the Alchemists of a star would cost to elaborate, Although it was cla.s.sified as a 0 Rank pill it was only due to the ingredients as to elaborate it at the very least the skill of a Low one Star Alchemists. Only to make a medium quality pill but with a low success rate.
Not to mention High-Grade pills. Because of this in the current market of the Republic, the pills of this cla.s.s were very scarce and if they appeared. They would not do it in a small city like Pale city.
I would do it in a Big City or the Capital of the Republic.
In the Republic, there were countless growers trapped in the Elemental half step so every time an Elemental Opening pill appeared it would certainly sell almost immediately even if it was a medium quality pill. Not to mention a High-Quality Pill.
With these pills, it is most likely that ten more elementary experts will be born in the Republic.
The man recovered quickly and said: "Auction or direct sale".
Alexander didn't think much of it and said, "Direct Selling."
Alexander was thinking about long-term profits. If the auctions meant they were scarce so he would have to limit the number of units to create the illusion of scarcity but at this time he had other plans with which he would squeeze the big local powers.
Why concentrate on the miserly profit that a few Elemental Opening pills can give if I can earn much more with the auction of a few Spirit Revival pills?
True wealth was only made when the right people were squeezed out.