8. The second day he spent $1.425; how much had he left? 9. The third day he spent $1.67; how much had he left? 10. The fourth day he spent $.875; how much had he left? 11. What is the cost of 21 lbs. of flour at $.05 per lb.? lb.? 13. What is the cost of 12.5 lbs. of flour at $.05 a lb.? 14. What is the cost of 15.5 lbs. of flour at $.045 a lb.? 15. What is the cost of 26.25 lbs. of flour at $.0375 a lb.? 16. What is the cost of 13.75 lbs. of flour at $.0425 a lb. ? 17. What is the cost of 15 barrels of flour at $4.75 a barrel? 18. What is the cost of 17.5 barrels of flour at $5.25 a barrel? 19. What is the cost of 3 tons of hay at $7.56 a ton? 20. What is the cost of 13.5 tons of hay at $9.00 a ton? 21. What are 17 barrels of cider worth at $1.75 a barrel? 22. What cost 16 gallons of molasses at $.345 a gallon? 23. Divide $1.05 into 21 equal parts; what will each part be? 24. How many lbs. of flour will $15.75 buy, at $.045 a lb.? 25. How many times will $.05 go in $.625? 26. How many lbs. of flour can be bought for $.6975 at $.045 per lb. ? 27. How many times will $.0375 go in $984.375 ? 28. How many times will $.0425 go in $584.375 ? 29. How many barrels of flour will $71.25 buy, at $4.75 per barrel? 30. How many barrels of flour will $91.875 buy at $5.25 per barrel? 31. How many tons of hay can be bought for $22.68, at $7.56 per ton? 32. How many times will $9.00 go in $121.50? 33. A shipmaster paid $29.75 for ballast, giving $1.75 a ton; how many tons did he buy? 34. How many times will $.345 go in $5.52 ? 35. What cost 14 lbs. of flour at $.045 a lb., and 28 lbs. of sugar at $.095 a lb. ? SECTION XXVI. PRACTICAL QUESTIONS IN VULGAR AND DECIMAL 1. Bought 7 cwt. 15 lbs. sugar at $6.62 per cwt., and sold it at 7 cents per lb. What was the gain? 2. Bought 156 gallons of wine at 93 cents per gallon, and sold it at 34 cents per quart. What was the gain? 3. Bought 7 cwt. 1 qr. 11 lbs. coffee at $12.50 per cwt., and sold it at 14 cents per lb. What gain? 4. Bought 37 yards broadcloth at $5.25 per yard; sold 20 yards of it at $7.00 per yard, and the remainder at $6.31 per yard. What was the gain? 5. Bought 24 yards broadcloth at $6.40 per yard; sold 223 yards at $7.25 per yard, and the remnant for 5 dollars. What was the gain? 6. Bought 87 E. E. calico at 17 cents per E. E., and sold it at 21 cents per yard. What gain? 7. Bought 4 dozen them at 16 cents each. books at $1.50 per dozen, and sold What gain? 8. Bought 13 dozen brooms at $1.04 per dozen, and sold them at 15 cents each. What gain? 9. Bought 5 dozen mats at $3.40 per dozen, and sold them at 36 cents each. What gain? 10. Bought 17 bushels of salt at 65 cents per bushel, and sold it at 21 cents per peck. What gain? 11. Bought one barrel of wine at 78 cents per gallon, and sold it at 16 cents per pint. What gain? 12. Bought 3 dozen baskets, at $2.05 per dozen, and sold 1 dozen at 31 cents; 1 dozen at 37 cents; and 1 dozen at 42 cents each. What gain? 13. Bought 48 yards broadcloth at $5.62 per yard; lost 17 yards by fire, and sold the remainder at $6.25 per yard. How much gain or loss? 14. Bought a hhd. molasses containing 131 gallons, at 34 cents per gallon; 16 gallons leaked out; sold the remainder at 37 cents per gallon. What gain or loss? 15. Bought 3 dozen axes at $6.80 per dozen, and sold them at 92 cents each. What gain? 16. Bought 7 dozen pails at $1.42 per dozen, and sold them at 21 cents each. What gain? 17. Bought 8 dozen shovels at $9.25 per dozen, and sold them at $1.00 each. What gain? 18. Bought 74 yards carpeting at 73 cents per yard, and sold it at 87 cents per yard. What gain? 19. Bought 164 bushels corn at 54 cents per bushel; sold 93 bushels at 67 cents, and the remainder at 50 cents per bushel. How much loss or gain? 20. Bought 75 barrels apples at $1.37 per barrel; lost 15 barrels by decay, and sold what remained at $2.12 per barrel. What loss or gain? 21. Bought 13 dozen oranges at 7 cents per dozen; lost by decay 2 dozen, and sold the remainder at 2 cents each. What gain? 22. Bought 15 dozen pairs of shoes at $4.87 per dozen, and sold them at 63 cents per pair. What gain? 23. Bought 18 thousand of boards at $9.50 per thousand; sold 6 thousand at $12.25 per thousand, and the remainder at $8.42 per thousand. What gain? 24. Bought 21 cords wood at $4.75 per cord; sold 8 cords at $5.50 per cord, and the remainder at $4.25 per cord. What gain? 25. Bought 209 bushels apples at 27 cents per bushel; sold 46 bushels at 49 cents per bushel, and the remainder at 25 cents per bushel. What gain? SECTION XXVII. REDUCTION OF CURRENCIES. English Currency. 1. Reduce 67£ to dollars and cents. As 4s. 6d. or 54d.=$1.00 (see Table, p. 35,) and 20s. or 240d.=1£, 1 dollar is of a £. Reducing this fraction to its lowest terms, it is. The question therefore is this; in 67£ how many of a £? Dividing 67 by the fraction, we have 2973 dollars, for the answer. The fraction gives 77 cents and 7 mills. 2. Reduce 87£ to dollars and cents. First reduce the 6s. to the decimal of a £,=.3; the sum then is, 84.3£. Reduce it in the same way as the cases above. 8. Reduce 124£ 13s. to Federal money. 9. Reduce 36£ 9s. 6d. to Federal money. 10. Reduce 71£ 18s. 4d. to Federal money. To Reduce Federal money to Sterling. 11. In 684 dollars, how many £, s. and d.? As $1.00 of a £, 1£40 of $1.00. The question therefore is, in 684 dollars, how many 40 of $1.00? Dividing by the fraction we have for the answer, £153.9, or 153£ 18s. 12. In $74.25, how many £, s. and d.? 13. Reduce $186.40 to Sterling money. 14. Reduce $564.35 to Sterling money. 15. Reduce $640.15 to Sterling money. The comparative value of the dollar and the pound sterling, as given above, is called the nominal par value. The actual value of the £, is higher than is here given. This difference is usually estimated in trade by adopting the nominal par value, given above, as the basis of the calculation, and then adding or subtracting a certain per cent. as 8 or 10 per cent., to compensate for the inequality of value. 5s. 60d. $1.00. Canada Currency. 16. In 74£ 15s., how many dollars and cents. As $1,00-60d., and 1£-240d, $1.00 is, or of a £; multiplying by 4, the answer is $299.00. 17. In 126£ 12s. Canada currency, how many dollars and cents? 18. Reduce $841.50 to Canada currency. New England Currency. 6s. 72d. $1.00. 19. In 64£ 8s. how many dollars and cents? $1.007% of a £. Reduce the 8s. to a decimal of a £, and divide by the fraction; we have $214.663. 20. Reduce 120£ 12s. 6d. to Federal money. 21. Reduce 146£ 6s. 4d. to Federal money. As $1.00== of a £, reducing the shillings and pence to the decimal of a £, and dividing by the fraction, we have $365.75. 22. Reduce 54£ 10s. 6d. to Federal money. Pennsylvania Currency. 7s. 6d. 90d.=$1.00. 23. Reduce 16£ 5s. 6d. to Federal money. Rule. Find the interest of 1 dollar for the given time; multiply the principal by it, and point off as in the multipliIcation of decimals. 1. What is the interest of $156.34 for 11 months and 20 days? As the interest of 1 dollar for 2 months is 1 cent, for 10 months, it will be 5 cents, .05. As the interest of 1 dollar for 6 days is 1 mill, for 30 days it will be 5 mills, and for 20 days, 3 mills and , making 8 mills and Set down the 8 at the right 3)156.34 5211 $9.11983 Ans. |