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A
PRACTICAL
COMMERCIAL ARITHMETIC
DESIGNED FOR USE IN ALL SCHOOLS IX WHICH THE
COMMERCIAL BRANCHES ARE TAUGHT
AND AS A
BOOK OF REFEREJSTCE
* FOR
BUSIJ^ESS MEiSr.
1889.
Entered according to Act of Congress, in tlie year 1888,
By WILLIAMS & ROGEES,
In the Office of the Librarian of Congress, at Washington, D. C.
E. R. ANDREWS, PRINTER AND BOOKBINDER
RIXIH ESTER, N. Y.
SRUR
^^/^^^T^^^^
PREFACE
TVrO school textbook is used nowadays in consequence of prefatory compli
^ ments paid it by its authors or publishers. In this day of general enlight
enment, teachers understand the necessities of their classes, and, as a rule, need
no advice as to what or how to teach.
Since the wants of American schools and the ideas of American teachers are
various, a variety of textbooks upon every topic of school instruction is
required, and with the hope and belief that .the contents of this volume will
more nearly meet the necessities of some schools and the ideas of some teachers,
than any of the several good books upon the subject of Arithmetic now in print,
the work is respectfully submitted by
THE AUTHORS.
CONTENTS.
SIMPLE NUMBERS.
lAGK
Definitions 1
Signs 3
Abbreviations and Contractions 3
Notation and Numeration . 3
Arabic Metliod of Notation 4
Frencli System of Numeration 4
English System of Numeration. 5
Roman Notation and Numeration 7
Addition 8
Addition Table.  9
Group Method of Addition 11
Horizontal Addition 11
Subtraction 16
Subtraction Table 17
Multiplication *. 20
Multiplication Table 21
Division 28
Long Division 34
Average 37
Complement 37
Factors and Factoring 38
Divisors 39
Multiples 41
Cancellation 43
COMMON FRACTIONS.
Definitions 45
Reduction of Fractions 46
Addition of Fractions 49
Subtraction of Fractions 51
Multiplication of Fractions 54
Division of Fractions 57
Complex Fractions 61
Miscellaneous Examples 61
DECIMALS.
Definitions 66
Numeration of Decimals . 67
Notation of Decimals 68
Reduction of Decimals .. 69
Circulating Decimals 72
Addition of Decimals 73
Subtraction of Decimals 75
Multiplication of Decimals 75
Division of Decimals 76
Miscellaneous Examples 80
UNITED STATES MONEY
Definitions
United States Coins
United States Paper ]\Ioney
Reduction of United States Money
81
82
83
84
Addition of United States Monej' 84
Subtraction of United States Money 84
Multiplication of United States Money.. 85
Division of United States Money _ 86
Definitions .
ANALYSIS.
87 I Examjjles .
87
SPECIAL APPLICATIONS.
Definitions 89
Aliquot Parts 89
Instructions for Pr^rtice with Ali»iuot
Parts DO
Miscellaneous Contractions 90
Instructions for Finding Quantity 91
Miscellaneous Contractions 92
Bills, Statements, and Inventories 100
Miscellaneous E.xamples 106
CONTENTS.
Vll
DENOMINATE NUMBERS
PAGE
Definitions 108
Measures of Time 108
Reduction of Time. 110
Addition of Time 111
Subtraction of Time  112
Circular Measure 113
Latitude, Longitude, and Time 113
Standard Time 114
English Money 116
Reduction of English Money 117
Measures of Weight 119
Troy Weight^ 119
Reduction of Denominate Numbers ... 119
Addition of Denominate Numbers 122
Subtraction of Denominate Numbers .. 123
Multiplication of Denominate Numbers 123
Division of Denominate Numbers 123
Avoirdupois Weight 125
Table of Avoirdupois Pounds per Bushel 126
Additional Tables 127
Apothecaries' Weight. 128
Comparative Table of Weights 128
Measures of Capacity. 129
Dry Measure 129
Liquid Measure 130
Comparative Table of Liquid and Dry
Measures 130
Measures of Extension 131
Linear Measure 131
Special Table, Linear Measure 132
Square Pleasure . 132
Involution 137
Evolution ^ 137
Square Root 137
Surveyors' Long Measure 141
Surveyors' Square Measure 142
Cubic Measure ^. 143
Table Special Cubic Measures 144
Produces' and Dealers' Approximate
Rules 146
Hay Measurements 147
Cube Root 147
Duodecimals 151
Miscellaneous Measurements 151
The Metric System 155
French 3Ioney 157
German Money 157
M iscellaneous Examples 158
PERCENTAGE.
Definitions 160
To find the Percentage, the Base and
Rate being given 162
To find the Base, the Percentage and
Rate being given ._ 163
To find the Rate, the Percentage and
Base being given 164
To find the Amount Per Cent., the
Rate being given 165
To find the Difference Per Cent., the
Rate being given 166
To find the Amount, the Base and Rate
being given 166
To find the Difference, the Base and
Rate being given _. 167
To find the Base, the Amount or Differ
ence, and the Rate being given 168
Review of the Principles of Percentage 169
Profit and Loss 173
To find the Profit or Loss, the Cost and
Rate being given 173
To find the Cost, the Gain or Loss, and
the Rate of Gain, or Loss being given 174
To find the Rate of Profit or Loss, the
Cost and the Profit or Loss being
given  176
To find the Cost, the Selling Price and
the Rate Per Cent, of Profit or Loss
being given 177
Review of the Principles of Profit and
Loss 178
Tkade Dtscouxt 183
To find the Selling Price, the List Price
and Discount Series being given 183
To find the Price at which Goods must
lie Marked to Insure a Given Per
Cent, of Profit or Loss, the Cost and
Discount Series being given 184
To find a Simple Equivalent Per Cent,
of Discount, a Discount Series being
given. , 186
Storage.. '. 187
To find the Simple Average Storage 187
To find the Charge for Storage with
Credits 188
To find the Storage when Charges Vary 190
Tin
COXTENTS.
TAGS
Commission 191
To find the Commission, the Cost or Sell
ing Price and Per Cent, of Commis
sion being given 192
To find tlie Investment or Gross Sales,
the Commission and Per Cent, of
Commission being given 192
To find the Investment and Commission,
when both are included in a Remit
tance by the Principal 192
CcsTOMHorsE BrsixEss 197
To find Specific Duty.. 196
To find .Vd Valorem Duty 199
Taxes 201
To find Property Tax 201
To find a General Tax 202
Insurance. = 204
To find the Cost of Insurance 206
To find the Amount Insured, the Pr<>
mium and Per Cent, of Premium
being given 206
Peuso5> AL Insurance 208
Interest 209
Six Per Cent. Method 210
To find the Interest on Any Sum of
Money, at Other Rates than 6 Per
Cent 210
To find the Interest, the Principal, Rate,
and Time being given 211
To find the Principal, the Interest, Rate,
and Time being given 214
To find the Principal, the Amount, Rate,
and Time being given 21 1
To find the Rate, the Principal, Interest,
and Time being given. 215
To find the Time, the Principal, Interest,
and Rate being given. 216
SnoKT Methods kou Finding Interest 216
To find Interest for Days, at 6 Per Cent.,
360 Day Basis.. 217
To find Interest at Other Rates than 6
Per Cent., 360 Day Basis 217
To find Interest for Days at 6 Per Cent.,
365 Day Basis 220
Periodic Interest 221
To find Periodic Interest 221
Compound Interest 223
To lind Compound Interes' 223
Compound Interest Table 224
True Discount 230
To find the Present Worth of a Debt... 230
Bank Discount 233
General Remarks on Commercial Paper, 234
To find the Discount and Proceeds of a
Note 236
To find the Face of a Note 238
Partial Paysients 239
United States Rule 240
Merchants' Rule .• 241
Equation of Accounts 243
"When the Items are all Debits, or all
Credits, and Lave no Terms of
Credit 244
"When the Items have Different Dates
and the Same or Different Terms of
Credit 248
"When an Account has Both Debits and
Credits 250
R.\.Tio 259
Proportion 260
Simple Proportion .. 260
Compound Proportion 261
Partnership 263
To Divide the Gain or Loss, when Each
Partner's Investment has been Em
ployed for the Same Period of Time. 264
To Divide the Gain or Loss, According
to the Amount of Capital Invested
and the Time it is Employed 266
Answers 273
COMMERCIAL ARITHMETIC.
DEFINITIONS.
1. Arithmetic is the Science of Numbers and the Art of Computation.
2. A Unit is a single thing,
3. A Number is a unit or a collection of units.
4. The Unit of a number is one of the collection of units forming the
."number; thus, the unit of 5 is 1; of IT dollars, 1 dollar; of 30 pupils, 1 juipil.
5. An Integer is a whole or entire number.
6. An Even Number is one that can be exactly divided by 2; as, 6, 8, 44.
7. An Odd Number is one that cannot be exactly divided by 2; as, 5," 9, 23.
8. A Composite Number is one tluit can be resolved or separated into
factors; as, 4 = 2 X 2; 12 = 3 X 2 x 2.
9. A Prime Number is one that cannot be resolved or separated into factors,
being divisible only by itself and unity; as, 1, 2, 3, 5, 7, 19, 83.
10. An Abstract Number is one used without reference to any particular
thing or quantity; as, 3, 11, 24.
11. A Concrete Number is one used with reference to some particular tiling
or quantity; as, 3 dollars, 11 men, 24 cords of wood.
12. A Compound Denominate, or Compound Number, is a concrete
number expressed by two or more orders of units; as, 3 dollars and 11 cents;
5 pounds, 2 ounces and 15 pennyweights.
13. Like Numbers are such as have the same unit value; as, 5, 14, 37; or,
5 men, 14 men, 37 men; or, if denominate, the same kind of quantity; as, 5
hours 14 minutes 37 seconds.
14r. Unlike Numbers are such as have different unit values; as, 11, 16 days,
365 dollars, 5 pounds, 4 yards.
*15. Ratio is the comparison of magnitudes. It is «>f two kinds; urithmetical
and geometrical.
16. Arithmetical Ratio expresses a difference.
17. Geometrical Ratio expresses a quotient.
18. A Problem in Arithmetic is a question to be solved; its analysts, the
logical statement of its conditions and of the steps required for its solution.
2 SIGNS.
19. The Conclusion of llio analysis is called the (nm^ccr, or rcsnU.
20. A Rule is an outline of the etei)s to be taken in a solution.
SIGNS.
21. A Sign is a character used to express a relation of terms or to indicate
an operation to be performed.
The followin2: are the ])rincipal and most useful arithmetical signs:
22. The Sign of Addition is a perpendicular cross, +. It is called Plus,
and indicates that the numbers betAveen which it is placed are to be added ;
thus, 5 + 4 indicates that 4 is to be added to 5.
23. The Sign of Subtraction is a short horizontal line, — . It is called
Minus, and indicates, when jjlacod between two numbers, that the value of the
number on its right is to be taken from the value of tlie number on its left ;
thus, 8 — 3, indicates that 3 is to be subtracted from 8.
24. The Sign of Multiplication is an oblique cross, x. It indicates that
the numbers between which it is placed are to be multiplied together; thus,
7x9, indicates that the value of 7 is to be taken 9 times.
25. The Common Sign of Dirision is a short horizontal line with a point
above and one below, =. It indicates a comparison of numbers to determine a
quotient, it being understood that the number at the left of the sign is to be divided
by the one at its right ; thus. 20 ^ 5, indicates that 20 is to be divided by 5.
26. The Sign of Ratio is the colon, : ; it also indicates division.
27. The Sign of Equality is two short horizontal lines, =. It is read equals,
or, is eqital to, and indicates that the numbers, or expressions, between which it
is placed are equal to each other; thus, 2 + 2 = 4,
28. The Signs of Aggregation are the parenthesis, ( ), brackets, [ ]'
brace, { }, and vinculum, . They indicate that the quantities included
within, or connected by them, are to be taken together and su})jected to the
same operation.
29. The Index, or Power Sign, is a small figure placed at the right of and
above another figure. It indicates that the number over which it is placed is
to be taken as a factor a number of times equal to the numerical value of the
index. Thus 4^ indicates that 4 is to be taken twice as a factor, or multiplied
by itself once; 4^ indicates that 4 is to be used three times as a factor. 4 is reac^
4 squared; 4^ is read 4 cubed; also, the second jjower of 4; the third power of 4.
30. The Root, or Radical Sign, is the character, \/', it is the opposite of
the index, or power sign. When there is no figure in the opening, it indicates
that the quantity over which the sign is placed is to be sei)aratcd into two equal
factors, or its square root taken. A figure jdaced in the ojiening indicates the
number of equal factors required, or the root to be extracted ; as, '\/T\, \/~~6'
ABBREVIATIONS AND CONTKACTIONS. 3
31. The Dollar Sign is the character, %.
32. The Cent 8igl is the character, </:
33. The Decimal Point is the period, . ; Avhen employed to separate dollars
from cents it is called a Separair'ix.
Fractional parts of a dollar are expressed only as hundredths; thus $14.53 is
read 14 dollars and 53 cents, or 14 and 53 hundredths dollars.
ABBREVIATIONS AND CONTRACTIONS.
34. The following are some of the principal abbreviations and contractions in
common use:
Bbl. or Bar. for barrel or barrels.
Bu. for bushel or bushels.
Cd. for cord or cords.
Ct. for cent or cents.
Cwt. for hundred weight or hundred
weights.
Cent, for cental or centals,
Da. for day or days.
Doz. for dozen or dozens.
Ft. for foot or feet.
Gal. for gallon or gallons.
Hhd. for hogshead or hogsheads.
In. for inch or inches.
Lb. for pound or pounds.
Mo. for month or months.
Oz. for ounce or ounces.
Pk. for peck or pecks.
Pt. for pint or pints.
Qt. for quart or quarts.
Yd. for yard or yards.
Note. — Other and more complete lists of abbreviations and contractions, together with
illustrations of their uses, will be given in the advanced part of this work..
NOTATION AND NUMERATION.
35. Notation is the method of expressing numbers.
There are three ways of expressing numbers.
I. By Words ; as one, two, three.
II. By Figures, called, the Arabic, or, more properly, the Indian Xotation ;
this notation employs the nine digits, 1, 2, 3, 4, 5, 6, 7, 8, 9, and the naugiit, 0,
which is also called zero, and cipher.
By this method a number is written and read with direct reference to its successive periods,
commencing with the highest.
III. By Letters, called the Romcm Notation; this notation employs the seven
capital letters ; I for one, V for five, X for ten, L for fifty, C for one hundred,
D for five hundred, and M for one thousand.
By this method a number is written and read with direct reference to its successive orders,
and multiplication by one thousand is indicated by overscoring the letter whose value is
to be so increased ; as, V for five, V for five thousand; 31 for one tliousand, M for a thousand
thousand, or a million.
36. Numeration is the method of reading numbers expressed by words,
figures, or letters.
4 NOTATION AND NUMERATION.
ARABIC METHOD OF NOTATION.
37. By the Arabic Method the value of numbers increases from riglit to
left, and decreases from left to right in a tenfold ratio; the successive figures
from right to left or from left to right are called orders of units, the value of
one of any order being ten times the value of one of the order next to its right,
and only onetenth the value of one of the order next to its left; for example, in
the number one hundred and eleven, expressed 111, the second 1 is equal in value
to ten times the first 1, but to only onetenth the value of the third 1.
The succession of the orders of units in writing numbers by this method,
establishes a decimal system in whicli the numbers are divided for convenience
into periods of three figures, or places, each. Numbers so written are read or
enumerated from right to left to ascertain their value, and from left to right to
announce their value. The naught, or ci]iher, is always read as of the order of
the place it occupies.
For example, in reading to ascertain the value of the expression 265017, we
begin at the right and name the successive orders of units: units, tens, hundreds,
thousands, tens of thousands, hundreds of thousands. Having now determined
the names of the given units, we read from the left, and announce the number
as two hundred sixtvfive thousand seventeen.
FRENCH SYSTEM OF NUMERATION.
38. The separating of written numbers into uniform periods of three figures,
or i»laces, as cx])lained above, is known by its origin and use as the French
system of numeration. This is the system invariably used in the United States.
39. The Periods take their names from the Latin numerals, with certain
established variations, and numbers are divided into orders of units and into
periods, and are read as shown by the following
French Numeration Table.
.2 i
r~ k>
pacLi SOh hoh p&h
m
§
S
a
.2
<ii
j5
«M
^^
o
*^ ■
O
•r^
OD
n
OD
S
cc
c
TZ
pj
£
<>■
o:
o;
<*.!
Q
o
C
k
C
*C
X
c
.S
a
D
0!
c
H
K
E
5
Mh
H
6,
1
3
2.
7
4
13
a
ai
CO
•v
S
o
O
■c
^
«
E
Oh
CO
•c
a
<&
cc
J3
QQ
c
H
s
«»i
o
o
01
H
^
TT
a
a
c
03
D
O
a
ZJ
JS
t^
E
0) O
6, 9 8 5, 18
KOTATION AND NUMERATION. 5
The other successive periods are called Quadrillion, Quintillion, Sextillion,
Septillion, Octillion, etc. Commencing with the right figure, which is called
units of the first order, or simple units, the orders of figures, or units, to the
left, are called units of the second order, units of the third order, fourth, fifth,
sixth, etc.
ENGLISH SYSTEM OF NUMERATION.
40. There is in use a system known as the English numeration, which gives
to each period after thousands, six places, or figures, instead of three us given by
the French numeration. Numbers are divided into periods, and enumerated and
read by the English numeration as shown by the following
English Nuiueratiou Table.
%
T3
en
09
33
a
.2
to
a
o
a
tn
3
■a
^
73
o
a
33
■X
a
00
a
o
a
a
3
<tl
o
<ti
'—'
<ti
o
c
J
H
GQ
09
S
o
OQ
in
T3
OQ
09
%
ti
i
a;
OD
•a
«ti
1
13
a
u
o
bi
o
u
o
h.
o
a
s
00
a
3
o
a
3
S
_o
•a
d
3
S
3
O
J3
T3
3
3
OQ
3
'S
fS
ffi
H
H
w
H
s
ffi
H
H
w
H
u
2,
5
7
3
1
8
1,
9
6
4,
3
7
2,
Each period of the higher orders has also six places.
Remark. — The English system of Numeration being of no practical value to pupils in the
schools of the United States, it ■will not be hereafter referred to.
41. The Arabic method of notation is based upon the following
General Principles. — 1. The removal of any figure one jfloce toward the
left mnltiplies its value hy ten ; two places, by one hundred ; three places, by one
tliousand, etc.
2. The removal of any figure one place totuard the right divides its value by
ten ; two places, by one hundred, etc.
3. A cipher placed after a significant figure multiplies it by ten; two ciphers
so placed, muKlplies it by one hundred, etc.
(i
NOTATION AND NLMEUATIOX.
42. Write and read ;
I. Xine units of the first order.
~. Five units of the first order and two units of the second order.
S. Eight units of the first order, three of the second, and one of the first.
Jf. Four units of the fourth order, nine of the third, and two of the second.
5. Two units of the fifth order, nine of the third, and seven of the first.
G. One unit of the sixtli order, nine of the fourtli, six of the second, and eight
of the first.
7. Seven units of the seventh order and seven of the first.
S. Six units of the eighth order, four of the sixth, seven of the fourtli, and
one of the second.
9. One unit of the ninth order, two of tlie eighth, three of the seventh, four
of the sixth, five of tlie fifth, six of tlie fourth, seven of tlie third, eight of the
second, and nine of the first.
43. Express by figures the following iiiaubtiv<:
1. Sixtyfour.
x'. One hundred fortyeight.
S. One thousand four hundred six.
^. Twenty thousand twentyone.
5. Three hundred sixtyfive thousand.
6. Eighty million fortytwo.
7. Ninety thousand nine hundred.
8. Fifty million fiftyone
9. Eightyseven billion seven thousand twelve.
i". Ninetyseven million ninetyseven thousand ninetyseven.
II. Twentyone million twentyfive.
1^. Sixteen billion sixteen million sixteen.
13. Six hundred eightynine thousand nine hundred seven.
H. Nineteen billion five hundred fortyone million ehven thousand eleven.
I'j. Twentyseven quiutillion eightyone quadrillion two trillion seven hundred
sixty billion one million two.
44. Point off into periods, numerate, and read the following numbers:
1.
380.
V.
1341.
o.
1240G.
4.
79001.
5.
872403.
fi.
001008.
i .
4G81005.
45. Writ
1.
920.
>
1146.
.?.
3070.
S.
77010016.
9.
200020.
10.
140024G780.
11.
2100211.
12.
5800092.
13.
34307001.
U
lOOOlOOOlOUd.
6103G.
iu wiirils mill read the following numlxr
I n. 50415. I
6'. 100000.
7. 521469.
8. 201012.
iJ.
987000460000.
iij.
27510304050.
17.
11002200330044.
18.
2234507890.
19.
40122555003.
20.
621438001240709.
21.
12345325500001503.
9.
1406250.
10.
54790207.
11.
1021714.
12.
5790r)7359.
(^
a
NOTATION' AND NUMERATION. 7
ROMAN NOTATION AND NUMERATION.
46. Bj combining, according to certain princiiiles, the letters used in this
method of writing numbers, any number can be expressed.
Principles. — 1. Repeating a letter repeats its value.
Thus, I = one, II = two, X = ten, XX = twenty.
2. If a letter of any value is annexed to one of greater value, the sum of tlie two
values is indicated ; if a letter of any value is prefixed to one of greater value, the
difference of their values is indicated.
Thus, XI denotes X + I = eleven, IX denotes X — I = nine.
3. A dash — placed over a letter multiplies its value by one thousand.
Thus, V= five, V= five thousand, CD = four hundred, CD = four hundred
thousand, LXVII = sixtyseven, LXVII = sixtyseven thousand.
Table of Roman Numerals with Arabic Equivalents.
I,
11,
III,
IV,
V,
VI,
VII,
VIII,
IX.
X,
XI,
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
XII,
XIII,
XIY,
XV,
XVI,
XVII,
XVIII,
XX, / ^
XXX,
XL,
12.
13.
14.
15.
16.
17.
18.
19.
20.
30.
40.
L,
LX,
LXX,
LXXX,
XC,
c,
CC,
CCC,
CD,
D,
DC,
50.
60.
70.
80.
90. ■
100.
200.
300.
400.
500.
600.
DCC,
700.
DCCC,
800.
CM,
900.
M,
1000.
MM,
2000.
X,
10000
L,
50000.
c.
100000
D,
500C00
M,
1000000
47.
XCII.
XXVII.
XXIX.
CLX.
48.
42.
111.
66G,
1125.
7000.
,11451.
997.
56104.
3001.
Eead the following expressions:
CCXVII. CMXIX.
DCV.
DCCX.
CMXXV.
MCLXXIX.
MCDXCII.
MDCCLVI.
DLXX.
DCCXLV.
MDq. .
^DCCCLXXXVIII.
Express by the Roman system the following numbers
7454.
8709.
62550.
1620.
399.
"^^5406."
48250.
3700.
2865.
1629.
^1889.
"^60012.
3658.
175400.
1761.
1887.
1000000.
20000.
45450.
19015.
1111.
6057.
3113.
90055.
805000.
365.
1515.
6059.
*21021.
4888.
9()909.
5168.
1890.
1775.
1893.
1900.
ADDITION.
ADDITION.
49. Addition is the process of combining several numbers into one equiva
lent number.
50. The Sum or Amount is tlie result obtained by the addition of two or
more numbers.
51. The Sign of Addition is +, and is called Plus, which signifies more.
When placed between two numbers or combinations of numbers, it indicates
their addition; as, 5 + 2 is read 5 plus 2, and shows that 5 and 2 are to be added.
52. The Sign of Equality is = . When placed between two numbers or
combinations of numbers, it indicates that there is no difference in their value;
thus, 5 42 = T, is read 5 plus 2 equals 7.. and indicates that the value of 7 equals
the value of the sum of the numbers at the left of the sign of equality.
53. Carrying the Tens is the process of reserving the tens and adding
them with the next column.
54. Principles. — 1. Only like numbers and like unit orders can be added
one to another.
2. The sum or amount contains as many units as all the numbers added.
3. The sum or amount is the same in whatever order the numbers be added.
55. Addition is the Reverse of Subtraction and may be proved by it;
as, 5 + 2 = 7. Xow if 7 be diminished by 5, the result Avill be 2, while if 7 be
diminished by 2, the result will be 5.
56. Numbers are written for addition either in vertical or horizotital order.
57. General Kules. — l. If the sum of two numhers and one of the
numbers be given, the unknown number may be found by taking the
given nuTtiber from the sum.
2. If the suTti of several nunibers and all of the numbers but one be
given, the unknown number may be found by subtracting the sum of
those given from the sum of all the numbers.
Notes to Teacher. — 1. Classes should have frequent and extended drill in rapid mental
addition.
2. The following table is given simply to facilitate class drill, preparatory to work in rapid,
addition.
ADDITION.
6 + 6 =
ij + 7 =
6 + 8 =
6 + 9 =
6 + 10 =
6 + 11 =
6 + 12 =
6 + 13 =
6 + 14 =
6 + 15 =
6 + 16 =
6 + 17 =
6 + 18 =
G + 19 =
6 + 20 =
6 + 21 =
6 + 22 =
6 + 23 =
6 + 24 =
6 + 25 =
7 + 7 =
7+9
7 + 10
7 + 11
V + 12
7 + 13
7 + 14
7 + 15
7 + 16
7 + 17
7 + 18
7 + 19
7 + 20
7 + 21
7 + 22
+ 23
+ 24
7
7
7 + 25 =
8 + 8 =
8 + 9 =
8 + 10 =
8 + 11 =
12
13
14
15
16
ir
18
10
20
21
22
23
24
25
20
27
28
29
30
31
14
15
16
= r
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
16
ir
18
19
8 +
8 +
8 +
8 +
8 +
8 +
8 +
8 +
8 +
8 +
8 +
8 +
8 +
8 +
Addition
12 = 20
13 = 21
14 = 22
15 = 23
16 = 24
17 = 25
18 = 2G
19 = 27
20 = 28
21 = 29
22 = 30
23 = 31
24 — 32
25 = 33
9
+
9
+
9
+
9
+
9
+
9
+
9
+
9
+
9
+
9
+
9
+
9
+
9
+
9
+
9
+
9
+
9
+
10
+
10
+
10 +
10 +
10
+
10
+
10
+
10 +
10 +
10 +
10 +
10
+
9 = 18
10 = 19
11 = 20
12 = 21
13 = 22
14 = 23
15 = 24
16 = 25
17 = 20
18 = 27
19 = 28
20 = 29
21 = 30
22 = 31
23 = 32
24 = 33
25 = 34
10 = 20
11 = 21
12 = 22
13 = 23
14 = 24
15 = 25
16 = 26
17 = 27
18 = 28
19 = 29
20 = 30
21 = 31
Table for Class Drill.
10 + 22 = 32 13 + 22 = 35
10 + 23 = 33 13 + 23 = 36
10 + 24 = 34 13 + 24 = 37
10 + 25 = 35 13 + 25 = 38
11 + 11 =
11 + 12 =
11 + 13 =
11 + 14 =
11 + 15 =
11 + 16 =
11 + 17 =
11 + 18 =
11 + 19 =
11 + 20 =
11 +21 =
11 +22 =
11 + 23 =
11 + 24 =
11 + 25 =
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
12 + 32
12 + 13
12 + 14
12 + 15
12 + 16
12 + 17
12 + 18
12 + 19
12 + 20
12 + 21
12 + 22
12 + 23
12 + 24
12 + 25
24
25
26
27
28
29
.30
31
32
33
34
35
36
37
13 + 13
13 + 14
13 + 15
13 + 16
13 + 17
13 + 18
13 + 19
13 + 20
13 + 21
26
27
28
29
30
31
32
33
34
14 + 14
14 + 15
14 + 16
14 + 17
14 + 18
14 + 19
14 + 20
14 + 21
14 + 22
14 + 23
14 + 24
14 + 25
28
29
30
31
32
33
34
35
36
37
38
39
15 + 15
15 + 16
15 + 17
15 + 18
15 + 19
15 + 20
15 + 21
15 + 22
15 + 23
15 + 24
15 + 25
30
31
32
33
34
35
36
37
38
39
4C
16 + 16
16 + 17
16 + 18
16 + 19
16 + 20
16 + 21
16 + 22
16 + 23
16 + 24
16 + 25
32
33
34
35
36
37
38
39
40
41
17 + 17
17 + 18
17 + 19
17 + 20
17 + 21
34
35
36
37
38
17 ^ 22 = 3^
17 + 23 = 40
17 + 24 = 41
17 + 25 = 42
18
18
18
18
18
18
IS
18
+ 18 = 36
+ 19 = 37
+ 20 = 3&
+ 21 = 39
+ 22 = 40
+ 23 = 41
+ 24 = 42
+ 25 = 43
19
19
19
19
19
19
19
+ 19 = 38
+ 20 = 39
+ 21 = 40
+ 22 = 41
+ 23 = 42
+ 24 = 43
+ 25 = 44
20
20
20
20
20
20
+ 20 = 40
+ 21 = 41
+ 22 = 42
+ 23 = 43
+ 24 = 44
+ 25 = 45
21
21
21
21
21
+ 21 = 42
+ 22 = 43
+ 23 = 44
+ 24 = 45
+ 25 = 46
22
22
22
22
+ 22 = 44
+ 23 = 45
+ 24 = 46
+ 25 = 47
+ 23 = 4e
+ 24 = 47
+ 25 = 4&
24
24
+ 24
+ 25
48
49
+ 25 = 50
10 ADDITION.
MENTAL KXERCISES.
58.
1
Add
{2.)
5
{3.)
1
a)
(5.)
11
Cr.)
V2
25
2
6
3
4
• 5
14
14
50
3
^
5
6
4
13
18
15
t
8
• 1^
1
8
8'
15
15
25
5
9
9
10
6
12
10
10
6
10
11
12
12
18
20
25
1
11
13
1t
10
i:
14
15
8
12
15
IG
14
20
1€
10
59. There are three methods of addition in common use, viz. : tlie Elementary
vipfhofl. the Besidt method, and the Group method.
Remarks. — 1. These methods of additibn are recommended to be taught in their order to
pupils in elementary work; the first, as soon as mastered, should be abandoned for the second,
and the second in its turn, when mastered, abandoned for the third.
2. Daily drill in the third method is urgently advised with all pupils during the entire
period of their study of Arithmetic. Too much importance can scarcely be attached to this
suggestion.
60. The Elementary Method of Addition.
Example.— Add 32, 71, 25, 48, 90, 12, and 03.
OPERATION. ExPLANATiOK.— Having arranged the numbers so that units of like orders
„.^ stand directly under each other, begin with the last figure in the righthand,
or units' column, and add upward as follows : 3 and 2 are 5, 5 and 8 are 13,
' ^ 13 and 5 are 18, 18 and 1 are 19, 19 and 2 are 21. Having thus obtained the sura,
25 place the 1 beneath the line, in units' column, and treat the 2 as a part of the
48 second, or tens' column, which add upVard as before ; thus, 2 and 6 are 8,
90 8 and 1 are 9, 9 and 9 are 18, 18 and 4 are 22, 22 and 2 are 24, 24 and 7 are 31.
19 31 and 3 are 34. Having obtained the sum, write it in full at the left of the
^_ figure 1 before written, and the result is 341, the numerical expression of the
'_ sum of the numbers added.
Q^j To Prove. — Add the columns downward ; if the two results agree, the
work is presumed to be correct.
61. The Eesult Method of Addition.
Example.— Add 32, 71, 25, 48, 90, 12, and 03.
OPERATIOK.
32
. 71
25
48
90
12
53 To Prove.— .\dd the columns downward.
341
ExPLAKATioN. — Beginning as before, with the lower figure in units' column,
name the result only of each successive addition, thus: 3, 5, 13, 18, 19, 21 ; then,
as before, write the 1 beneath the line in units' column and carrying the 2 to
tens' column as a part of it, add upward, thus : 2, 8, 9, 18, 22. 24, 31, 34 ; as
before, write 34 at the left, and the result is 341, the same as before.
ADDITION. 11
6'2. The Group Method of Addition.
Example.— i. Add 32, 71, 25, 48, 90, 12, and 63.
■OPERATION. Explanation. — Treat the same numbers thus : add upward ; 3, 13, 21 ;
32 grouping 2 and 8 for 10 to add to 8, making 13, and 5, 1, and 2 for 8, to add to
f.. I o 13, making 21. Having written the 1 beneath the line, in units' place, carry the
_ C 2 or 2 tens, to its column, and again add ; 2, 8, 18, 24, 34 ; grouping 2 and 6
^^ ^ for 8, 9 and 1 for 10, 4 and 2 for 6, and 7 and 3 for 10 ; then write the result
48 ^ in full as before.
90 V 10 To Provk. — Review the first column by adding downward ; 8, 18, 21 ;
12 ) grouping 2, 1, and 5 for 8, 8 and 2 for 10, to add for 18, and to this add the
63 remaining figure 3, for 21, the same result as before. Tlien review the second
column by adding downward ; 10, 16, 26, 34 ; grouping 3 and 7 for 10, 2 and 4
341 for 6, 9 and 1 for 10, and 6 and 2, for 8, with the same result.
•Example.— ^ Add 3417, 2140, 439, 7164, 1538, 5046, 6116, 8735, 971, 4880,
1263, 9270, 192, and 634.
OPERATION. Explanation. — Beginning with the lower unit figure add upward; 10, 15, 35,
341 '^ 1 00, grouping 4, 2, 3, and 1 for 10, which added to 5 gives 15 ; grouping 6, 6, and
2140 ^ ^*^"' ^^ ^" ^^^^ ^° ^^ obtaining 35 ; and grouping 4, 9, and 7 for 20 to add to 35
439 I ^"^ ^5 ^^^^ result. Write the units' figure 5 in its place, and carrying the tens'
7164 I figure 5 to its column proceed thus : 8, 24, 38, 48, 56, 60, 70, grouping the 5
1538 1 carried and 3 for 8 ; 9 and 7 for 16 to add to 8 for 24 ; 6 and 8 for 14 to add to
5046 I 20 24 to make 38 ; 7 and 3 for 10, making 48 ; 1, 4, and 3 for 8, making 56 ; 6, 3,
6116 J iind 1 for 10, making 06, to which we add the 4 for 70, the result. Write the
8735 cipher of the 70 at the left of the unit figure already written beneath the line
971 1 and carrying the 7 to the third, or hundreds' column group as before; 16, 26, 36,
4880 48, 58, grouping upward thus : 7, 6, 1, 2 = 16 ; 2, 8 = 10 ; 9, 1 == 10 ; 7, 5 = 12 ;
1263 I 1^ 1, 4, 1, 4 = 10. Write the 8 in hundreds' column, and carrying the 5 to thou
9270 I sands' column, group 15, 27, 39, 49, 51. 5, 9, 1 = 15 ; 4, 8 = 12 ; 6, 5, 1 = 12 ;
192 I 7. 3 = 10, and adding 2 write the result, 51, at the left of the figures before
634 J written, thus obtaining 51805 the numerical expression of the sum of the num
51805 ^^''^^ added. •
Prove by adding downward, grouping as illustrated above.
Remark. — Practice in grouping will lead to great proficiencj', and after the pupil becomes
.somewhat skilled, he should be encouraged to skip about somewhat along the column, in
order to select those numbers which can be most conveniently grouped. Ordinarily thorough
<lrill in the addition table will greatly assist in grouping, and multiples of the nine digits can
be added with ease. Excci^t with very bright pupils, groups greater than 25 are not to be
recommended.
HORIZONTAL ADDITION.
63. Xumbers "when "written in liorizontul order, as in invoices and otiier
business forms, may be added Avithont being rewritten in vertical columns.
Remarks. — 1. In adding numbers written horizontally, more care is requisite that the units
added shall be of like order, and greater certainty of correctness can be had ])y adding first
from left to right, and then from right to left.
2. The group method may be employed vv^ith equal advantage where numbers are written
liorizontally.
12 ADDITION.
MKXTAI^ KXKKCISES.
(J4. Add from loft to right, and review from right to left.
1. 5. 3, 6, 1, 8, 2, 7, 9, 4.
2. 21, 56, 12, 93, 47, 60, 17.
S. (S(j, 29, 5, 14, 71, 19, 2, 11.
4. 149, 865, 73, 40, 5, 13, 502.
o. 365. 10, 88, 46, 200, 175, 95.
15, 23, 36, 18, 25, 53, 92.
7. 11, 85, 315, 125, 111, 206.
S. 8, 42, 87, 20, 112, 108, 94, 12s.
9. 6L, 400, 1, 126, 25, 440.
10. 25, 50, 511, 3, 209, 8. 804.
WKITTKN KXKKCISES.
65. Copy, and add from left to right; review from riglit to left, preserving;
results.
1. 510, 297, 69, 841, 638, 203, 40, 7, 700, 28, 9.
J. 1260, 2700, 408, 9206, 51, 7240, 27, 1620.
S. 8809, 1492, 1000, 20, 1, 504, 6620, 7506, 10.
Jf. 50000, 20000, 8900, 21050, 47800, 14090.
5. 76030, 20500, 38037, 69000, 81, 107, 2, 19975.
6. 346211, 218040, 173508, 973200, 701001, 555555.
7. 604000, 181523, 51, 19406, 200, 309, 5, 2, 8000.
5. 2463911, 7054133, 4444044, 1371005, 6090400.
9. 8500500, 1035660, 5000000, 2987400, 7020319.
10. 416, 49, 2, 7967400, 81, 307, 21021, 190200, 40, 3.
Remark. — Horizontal addition is rarely practiced with numbers containing more than four
or five figures. It may sometimes be employed to advantage in adding dollars and cents; in
such cases it is best to omit the dollar sign; as, for $5.25 write 5.25.
66. Copy and add horizontally; review and preserve results.
1. 5.25, 8.17, 11.40, 1.82, 16.02, 90.70.
^. 146.24, 9.11, 210.10, 46.98, 5.50, 108.12, 4.75.
3. 26.53, 92, 5.71, 108.97, 29.33, 150, 46.07, 19, 76.
Jf. 231.45, 50, 75, 19.78, 40, 50, 63, TOO.
o. 63, 51, 87, 25, 75, 18, .09, 95, 1.25, 6.
6. 278.19, 105.29, 80.50, 19.93, 52, 1.
7. 29.30, 403, 51, 73, 1.14, 90, 300, 1.25.
8. 1.13, 9.25, 14, 27.16, 5.01, 8, 25, 1.75.
9. 87.50, 125, 36.21, 9.90, 14.75, 16, 25.25.
10. 117.82, 7.71, 19.03, 15, 49.55, 87.08.
11. 5.40, 88, 35, 90, 112.50, 45.95, 111.50.
12. 100, 79.22, 50.08, 2.25, 7.75, 10, 3, 8.24.
13. 216.24, 92, 15, .06, 138.50, 2.38, 9.25.
Rem.\rk. — The teacher may give other examples of the same kind ; he will find extensive
drill in such work of great value to all grades of pupils, in developing accuracy and rapidity.
EXAMPLES FOR PKACTICE.
67. 1. A grocer's sales were, for Monday, 8241; Tuesday, $306; Wednesday,
8523 ; Thursday, $438 ; Friday, $497 ; on Saturday his sales amounted to $27
more than the sales of the first three days of the week. What were his total
sales during the week?
ADDITION. 13
2. A planter shipped eleven bales of cotton, weighing respectively 492, 504
523, 487, 490, 500, 516, 499, 512, 511, and 496 pounds. What was the aggregate
weight of the shipment ?
3. A jiortable sawmill cut lumber for the six working days of a week, as
follows : On Monday, 5116 feet ; Tuesday, 4900 feet ; Wednesday, 5750 feet ;
Thursday, 6100 feet ; Friday, 4580 feet ; and on Saturday, 6754 feet. AVhai
amount of lumber did the mill cut during the week?
Jf.. Find the sum of four units of the second order and five of the first; eight
of the fifth, three of the third, and nine of the second; seven of the sixth, one
of the fifth, and two of the third; one of the eighth, nine of the tliird, seven of
the second, and six of the first; four of the fifth, three of the fourth, and nine
of the third; Aa'c of the tenth, one of the ninth, four of the seventh, eight of
the third, two of the second, and one of tlie first,
5. Find the sum of sixtynine thousand five hundred seven, one thousand six
hundred twentytwo, one hundred fiftysix thousand seventysix, ninetynine
thousand nineteen, fortyone million eightyseven thousand five, three hundred
twentyfive million sixteen thousand eight hundred eightyeight, six billion
ninetyone million four thousand two hundred fiftysix.
6. The British House of Lords was, in 1884, comprised of 4 princes, 23 dukes,
19 marquises, 139 earls, 32 viscounts, 26 bishops, and 272 barons. How many
members in all ?
7. In 1883, there arrived and settled in the United States, immigrants: Germans,
192,000; English, 100,200; Canadians, 65,100; Irish, 64,400; Scandinavians,
52,200; Italians, 32,500; miscellaneous, 92,700. What was the total number of
immigrants ?
S. The British national debt in March, 1883, was : Consols, £699,053,100 ;
Bank debts, £13,645,900; Annuities, £27,570,900; Exchequer Bills, £8,754,400;
Treasury Bills, £5,431,000 ; Savings Banks, £1,804,400 ; and the local debt,
£163,501,000. What was the total debt in pounds sterling ?
9. In 1866, the V. S. collected as revenue from Customs, $179,046,651.58 ;
from Internal Revenue, $309,226,813.42; from Direct Taxes, $1,974,754.12;
from the Public Lands, $665,031.03 ; and from other sources, $29,036,314.23.
What was the total government revenue collected that year?
10. The British government collected as revenue in 1882 : From Customs,
£19,300,000; from Excise, £27,230,000; from Stamps, £11,145,000; from Land
Tax, £2,775,000; from Income Tax, £11,662,000; from Post Office, £7,150,000,
from Telegraphs, £1,650,000; from Crown Lands, £380,000; from Interest,
£1,180,000 ; from miscellaneous sources, £4,725,000. What was the total reve
nue of the British government for that year?
11. The dwarf, Borowlaski, was only 39 inches in height ; Tom Thumb, 31 ;
Mrs. Tom Thumb, 32 ; CheMah, of China, 25 ; Lucia Zarate, of Mexico, 20 ;
and Gen. Mite, 21. What was the combined height of the six?
12. The firm of Davis & Drake own land valued at $39,750; lumber, $68,125;
notes, $21,700 ; book accounts, $17,291 ; machinery, $13,250 ; cash in bank,
$14,238 ; cash on hand, $4,332. What is the i)roperty value of the firm ?
14
ADDITION.
13. In 1880, tliere were women workers in the United States as follows: artists,
2,061; autliors, 320 ; barbers, 2,902 ; dressmakers, 281,928 ; journalists, 288 ;
lawvers, 75; musicians, 13,181; phj'sicians, 2,432; preachers, 105 ; printers,
3,456; tailors, 52,098; teachers, 154,375. How many women workers in all ?
Remark. — The three following problems can be properly iised by the teacher for drill in
group adding.
IJf.. The population of the United States, by the census of 1880, is as follows:
Ala., 1,262,505
Alaska, 30,000
Ariz., 40,440
Ark., 802,525
Cal., 864,694
Colo.,'. 194,327
Conn.. 622,700
Dak., 135,177
Del., 146,608
D. C, 177,624
Fla., 269,493
Ga., 1,542,180
Idaho, 32,610
111., 3,077,871
Ind., 1,978,301
Ind. T 70,000
Kans.,.. 996,096
Ky., 1,684,690
La., 939,946
Me., 648,936
Md., 934,943
Mass., 1,783,085
Mich.,. 1,636,937
Minn., 780,773
Miss., 1,131,597
Mo., 2,168,380
^[ont. T 39,159
Xebr., 452,402
Xev., 62,206
X. H., 346,991
X. J., 1,131,116
X. Mex., 119,505
X. Y.,. 5,082,871
X. C, 1,399,750
Ohio,... .3,198,062
Oregon, 174,768
Pa., 4,282,891
R. L, 276,531
S. C, * 995,577
Teun.,. ...1,542,359
Tex., 1,591,749
Utah, 143,963
Vt., 332,286
Ya., 1,512,565
Wash. T., 75,116
W. Yu., 618,457
Wis., '.1,315,497
Wvo.
20,789
Iowa, .1,624,615
What was the total population ?
15. Tiie area uf the United States, in square miles, is as follows :
Ala., 51,540
Alaska, 531,409
Ariz., 112,920
Ark., 53,045
Cal., 155,980
Colo., 103,645
Conn., 4,845
Dak., .147,700
Del., 1,960
D. C, . 60
Fla., 54,240
Ga., 58,980
Idaho, 84,290
111., . 56,000
Ind., . 35,910
Ind. T., 69,830
Iowa, 55,475
What is the total area ?
Kans., 81,700
Ky., . 40,000
La., 45,420
Me., 29,895
Md.,.. 9,860
Mass., 8,040
Mich., 57,430
Minn., 79,205
Miss., 40,340
Mo., 68,735
Mont. T.,/ 145,310
Xebr., 76,185
Xev., 109,740
X.n., 9,005
X. J., 7,455
X. Mex., 122,460
X. Y.,... 47,620
X. C, 48,580
Ohio, 40,760
Oregon, 94,560
Pa., 44,985
R. L, 1,085
S. C, 30,170
Tenn., 41,750
Tex., 262,290
Utah, 82,190
Yt.,... 9,135
Ya., 40,125
Wash.T., 66,S80
W. Ya., . 24,645
Wis., 54,450
Wvo. T., 97,575
ADDITION.
15
16. For state tax of 1888
were assessed as follows :
Albany, 186,606,307
Alleghany, 14,395,123
Broome, 21,383,568
Cattaraugus, 16, 050, 985
Cayuga, 30,631,548
Chautauqua, 25,649,740
Chemnng, 18,718,275
Chenango, 1 7,982,340
Clmton, 9,766,255
Columbia, . . . . 20,984,129
Cortland, 11,108,469
Delaware, . 13,921,534
Dutchess, 44,532,280
Erie, 127,763,104
Essex, 10,515,260
Fulton, 8,383,735
Franklin, 8,026,235
Genesee, 21,384,810
Greene, 13,760,299
Hamilton, 1,157,600
Herkimer, 23, 739,092
Jefferson, 23,638,204
Kings, 342,116,976
Lewis, 9,039,285
Livingston, 25,395,180
Madison, 19,797,535
Monroe, 85,964,190
Montgomery, 23,877,638
New York, 1,500,550,825
Niagara, 26,097,826
the several Counties of the State of New York
Oneida, . .%58,146,279
Onondaga, 63,265,536
Ontario, 29,389,870
Orange, 42,953,974
Orleans, 14,816,445
Oswego, .... 23,655,679
Otsego, 22,544,650
Putnam, 7,483,530
Queens, 44,464,675
Rensselaer, 60,545,955
Rockland, 13,394,485
Richmond, f2,271,105
Saratoga, 23,189,435
Schenectady, : 12,772,451
Schoharie, 10,297,219
Schuyler, 7,248,620
Seneca, _ . • 15,347,372
St. Lawrence, 24,476,078
Steuben, 22,776,074
Suffolk, 17,262,646
Sullivan, 5,427,300
Tioga, 12,084,525
Tompkins, 15,450,670
Ulster, 25,443,000
Warren, 6,555,175
Washington, 22,501,173
Wayne, . 25,404,569
Westchester, 82,375,217
Wyoming, 14,922,986
Yates, 12,721,716
What was the total assessed value of the State that year ?
IC SUBTRACTION.
SUBTRACTION.
68. Subtraction is the process of finding the difference between two
numbers.
69. Tlie Subtrahend is the number to be subtracted.
70. Tl»e Minuend is tlie number from which the Subtrahend is to be
subtracted.
71. Tlif Difference or Remainder is the result obtained by subtracting
one number from another.
72. TIk Siffu of Subtraction is — . It is called Minus and signifies less.
When the sign of subtraction i^ placed between two numbers it indicates that the number
placed after it is to be taken from the one before it.
73. The Complement of a Number is the difference between it and a
unit of the next liigher order.
Thus the complement of 7 is 3, because 1 ten, the unit of the next higher order, diminished
by 7 = 3. Again, the complement of 36 is 64, because the unit of the next higher order,
1 hundred, or 100, diminished by 36 = 64.
74. Principles. — 1. Only like numbers and units of the same order can be
subtracted, one froui the other.
~. The sum of the subtrahend and the remainder must he equal to the minuejid.
75. General Relation of Terms in Subtraction.
1. The Minuend — the Subtrahend = the Remainder.
II. The Minuend — the Remainder = the Subtrahend.
III. The Subtrahend \ the Remainder = the Minuend.
76. General Rules. — 1. If the minuend and subtrahend be given,
the remainder may be found by subtracting the subtrahend from the
minuend.
2. If the minuend and remainder be given, the subtrahend may be
found by sid)tracting the remainder from the Jivinuend.
3. If the remainder and subtrahend be given, the rtiinuend may be
found by adding the remainder to the subtrahend.
*
77. To ProYe Subtraction. — Add the remainder to the subtrahend : if tlie
3um equals the tnintiend, the loork is correct.
SUBTRACTION.
17
Subtraction Table.
78. Find the difference, mentally, between
13
and
6
16 and 13
19 an
d 10
21
and
16
24
and
5
12
i(
7
16 " 13
19
19
11
' 12
31
21
17
18
24
24
is
6
12
'
8
*
7
12
i i
9
17 an
17
17
d 3
4
5
19
19
19
13
14
15
22
and
3
24
ss
8
13
and
4
23
22
4
5
24
24
i i
i (
9
10
13
a
5
17
6
19
16
22
((
6
24
i i
11
13
is
6
17
I rv
<
22
22
((
7
8
9
10
11
24
ii
12
13
i(
7
17
8
20 and 3
((
24
ss
13
13
a
8
17
9
20
4
22
(C
24
ss
14
13
a
9
17
17
10
11
20
20
' 5
6
22
22
(C
ti
24
24
ss
ss
15
14
and
5
16
14
a
6
17
13
20
' 7
22
IS
12
24
ss
17
14
a
7
17
13
20 '
8
22
ss
13
24
it
18
14
a
8
17
14
20
20
20
20
9
10
11
' 12
22
ss
14
24
i i
19
14
14
9
10
18 ar
18 '
id 3
4
22
ss
ss
15
16
24
24
ii
20
21
14
a
11
18
18
18
18
18
5
6
i 7
8
9
20
20
20
20
20
13
14
15
16
17
22
22
22
se
ss
ss
17
18
19
25
25
25
and
ss
3
15
and
4
4
5
15
15
15
i i
(<
5
6
7
23
23
and
4
5
25
25
ss
ss
6
7
((
8
18
10
23
ss
6
25
i i
8
15
15
(i
9
18
11
21 ar
id 3
23
ss
7
25
ss
9
15
< <
10
18
13
31
4
23
ss
8
25
ss
10
15
i.
11
18
13
31
5
23
ss
9
25
ss
11
15
<.
13
18
14
21
6
23
Ss
10
25
ss
12
18
15
21
i
23
ss
11
25
ss
13
16
and
4
21
8
23
ss
12
25
ss
14
16
< (
5
19 ar
id 3
21
9
23
ss
13
25
ss
15
16
c<
6
19
4
21
10
23
ss
14
25
s ,
16
16
t(
7
19
5
21
11
23
ss
15
25
ss
17
16
a
8
19
G
21
'' 12
23
ss
16
25
25
25
ss
ss
18
19
20
16
((
9
19
7
21
13
23
ss
17
S(
16
i(
10
19
8
21
14
23
ss
18
25
ss
31
16
a
11
19
9
21
15
23
ss
19
25
ss
22
Remarks.— i. Frequent and thorough use of the Subtraction Table will result in great
facility in all operations in this subject, and will also aid in additions and rapid work in
arithmetical computations in general.
■^. The above table, like the one in addition, is given for the teacher's reference, to save
time and labor in rapid mental exercises.
2
18 SUBTR ACTION.
79. When any Figure in the Minuend is Less than the Corresponding Figure
in the Subtrahend.
ExAMTLK. — From 435 take 17<).
oPEiiVTioN. ExPiANATiON. — It is readily observed that the units figure 6 of the
subtrahend cannot be taken from the corresponding figure of the minu
•ioo Minuend. gjjjj . therefore analyze the minuend, and transform it into 4 hundreds,
176 Subtrahend. J tenii, 15 units; then from the 15 units take the 6 units of the subtrahend,
obtaining 9 units as a remainder, which write as the units of the result ;
2o9 Remainder, iiaving reduced one of the tens of the minuend to units, we have only
3 tens remaining in the tens' column of the minuend, and since this is
numerically less than the tens' figure in the subtrahend, transform as before, and read the 4
hundreds and 2 tens as 3 hundreds and 13 tens; then taking the 7 tens of the subtrahend from
the 12 tens thus produced, write the remaining 5 tens for the second or tens' figure in the
result; having taken 1 from the hundreds' column, we have 3 remaining in that column, from
which take the 1 hundred of the subtrahend 7, obtaining 2 as the third or hundreds' figure
of the result. Thus we conclude that 176 subtracted from 435, leaves a remainder of 259.
Remarks. — 1. This process is called "borrowing tens," as each lefthand order is tenfold
greater than the order at its right.
2. Having mastered the theory, the ordinary and most convenient method for practice is to
leave the minuend figure in its original form and, when borrowing is necessary, add 1 to the
succeeding subtrahend figure.
Again, apply tliis method to the exauii)le;
OPERATIOX.
435
176
259
Explanation. — Subtract fi from 15 leaving 9, which write in units' column;
(adding 1 to 7) subtract 8 from 13 leaving 5, which write in its column; (adding
1 to 1) subtract 3 from 4 leaving 2, ■ts'hich write in its column.
Rule. — I. So write tJie niunbers to he subtracted, that units of tJie same
order stand in the same vertical line.
II. Begin at the right and subtract each figure of the subtrahend from
the corresponding figure of the minuend. When it is necessary, trans
form, or borrow ten, and mentally add one to the next subtrahend figure.
III. Write results in their proper order.
KXAMPLK.S I'OK PRACTICK.
80. J. From 1524 take 911.
2. From 3128 take 1519.
3. From 4055 take 2033.
4. From 27410 take 13520.
r5. From 80500 take 30500.
6. From 123706 take 59341.
7. From 520200 take 368977.
S. From 80090 take 23084.
9. From 3406268 take 1998765.
10. From 303005 take 89700.
n. From 2046 take 1597.
13. From 40509300 take 9619475.
ll In Germany there are 2,436,000 kind owners, and in France 3,226,000.
How many more in France than in (lermany?
1^. A dealer bought 1,732 sheep and .sold to A 51, B 147, C 34, I) 1000. and
to E the remainder. How many did E purchase? ,
SUBTRACTIOX. 19
16. A farmer raised 1,130 l)ushels of wheat, 958 of barley, 1,275 of oats, and
1,762 of corn. If lie keep for seed and feed, IIG bushels of wheat, 84 of barley,
GOO of oats, and 1,150 of corn, how many bnshels of grain will he have left to sell?
16. The equatorial diameter of the earth is 41847194 feet, and the polar
diameter 41707308 feet. How many feet greater is the equatorial than the polar
diameter ?
17. If the sailing distance from New York to Queenstown be 2890 miles, iiow
far from the latter port Avill a steamer be after running 1290 miles from tiie port
of Xew York ?
18. Texas contains 274356 square miles and New York 47156 square miles.
How many times may the area of New York be taken from the area of Texas
and Avhat number of square miles will remain ?
19. The area of Brazil is 3950000 square miles and of the United States
302G504 square miles. How many S(iuare miles greater is Brazil than the United
States ?
20. A man bought a farm for 3250 dollars. He built a house on it at a cost
of 3850 dollars, fences costing 416 dollars and then sold it for 7500 dollars.
What was his gain ?
21. I bouglit 23,240 acres of Dakota land, and sold at times 1000, 320, 520,
640, 3200, 2520, 100, and 1920 acres. How many acres had I remaining .^
22. During a five years' partnership a firm gained ^123,475. If the gain the
first year was $11,425 ; the second, $9,500 ; tlie third as much as the first and
second, less $1,120; the fourth equal to the second and third; how much must
have been gained the fifth year?
23. The cost of my lot was $1,750. I paid for mason work on my house,
$1,210; for carpenter work, $5,145; for plumbing, $985; for decorating, $1,650;
for painting, $625 ; for grading, sodding, and fencing grounds, $590. The
interest on outlays to date of sale was $315. I then sold the property at a loss
of $20, receiving cash $6,000, and a note for the remainder. What was the face
of the note?
24. My bookkeepers salary is $1,450 per year. If he requires for liis rent,
$365; for personal expenses, $170; and for support of his family, $775; what
amount will he have left at the end of the year?
25. A Boston bicyclist journeying to Sun Francisco, distant 3,432 miles, ran
the first week of six days, an average of 77 miles per day; the €econd week,
92 miles ; the third, 84 miles ; the fourth, 106 miles; the fifth, 95 miles, and
reached his destination at the end of the sixth week. How many miles did lie
run the last week?
20 MULTIPLICATION.
MULTIPLICATION.
81. Multiplication is the process of taking one of two numoers as many
times as there are units in the other.
8*2. One of the numbers is called the Multiplicand and the other the Multiplier.
The numbers are also called Factors of the product.
83. The Multiplicand is the factor multiplied.
84. The Multiplier is the factor by which the multiplicand is multiplied.
85. The Product is the resdlt obtained by multiplying one number by
another.
86. The Factors of a number are such numbers as will, when multiplied
together, produce tlie given number.
87. A Continued Product is the result obtained by multiplying several
factors together.
88. The Sign of Multiplication is an oblique cross, x . It is read
^' times," or '' multiplied by,'' and indicates that the numbers between which it
is placed are to be multiplied together, or their product obtained. Thus, 5x2
is read 5 times 2, or, 5 multiplied by 2.
Remarks. — 1. In practice, the multiplier is regarded as an abstract number and the multipli
cand as a concrete number ; but as the resulting product is the same whichever factor is used
as a multiplier, the above relation is recognized only in explanations of work done.
2. Where the multiplicand is concrete, the product will be concrete and of the same
denomination as the multiplicand.
89. Multiplication is a short method of performing addition, and like addi
tion may be proved by subtraction. Thus, 2 x 2 = 4 : that is, two taken twice
as a factor = i, or, 2 added to 2 = 4. We prove this by subtraction, 2 from 4
leaves 2.
Again, 6 X 7 = 42: that is, 6 taken seven times as a factor = 42, or, seven 6'8
added = 42 ; this may be proved by subtracting seven 6's in succession from 42,
when nothing remains.
90. General Rules. — l. If the multiplicand and multiplier he given,
tlie product may be found hij multiplying those factors together.
2. If the product and multiplier he given, the multiplicand may he
found hy dividing the product by the multiplier.
3. If the product and lyiidtiplicand he given, the multiplier may he
found by dividing the product hy the midtiplicand.
4 If the product of two numbers and one of the nurnhers he given, the
other may be found by dividing the product by the number given.
MULTIPLICATION.
21
Multiplication Table.
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Note. — It will be of great advantage to tlie student to fully master the above table. Any
delay caused by following this suggestion will be offset by time gained in subsequent work ;
such mastery will so increase the rapidity of work in business applications as to greatly lessen
the labor of accounting.
22
MCLTIPLICATIOX.
91. Multiply
j'^.vAjni'i.fcs ft
IK ilK.
\L ]>KILI..
1. 42 bv 3.
11.
102 by 4.
21.
144 by 1(1.
SI.
595 by 13.
2. 31 by 4.
n.
511 by 8.
22.
52 by" 11.
S2.
70 by 22.
S. 2: by 2.
IS.
125 by 6.
23.
45 by 13.
SS.
90 by 25.
J^. 60 by 5.
U
340 by 2.
24.
201 by 15.
SJ,.
150 by 23
5. 51 by 4. ^
lo.
416 by 3.
25.
65 by*20.
So.
118 by 11
6. 75 by 6.
m.
99 by 7.
26.
411 by IT.
S6.
906 by 15
7. 91 by 2.
11.
133 by 9.
27.
932 by 12.
37.
450 by 19
8. 29 by 3.
IS.
208 l/v 4.
28.
43 by' 19.
38.
375 by 14
9. 57 by 2.
19.
666 by 5.
29.
Ill by 23.
39.
250 by 18
to. 95 by 5.
20.
89 by 8.
SO.
207 by 22.
40.
789 by 11
417
5
2085
9*2. "When either Factor is a Number within one's thorough knowledge of
the Multiplication Table.
Example. — 1. Multiply 417 by 5.
OPERATION. Explanation. — "Write the multiplier 5 below the unit figure of the multi
plicand, and multiph" each figure of the multiplicand by the multiplier, thus;
5 times 7 = 35, or, 3 tens f 5 units ; ■write the 5 imits in units' place and
reserve the 3 tens to add to the next product ; next, 5 times 1 ten are 5 tens,
and addmg the 3 tens reserved gives 8 tens, "which write in tens' place ; next,
5 times 4 hundreds are 20 hundreds, or 2 thousands ; write a naught, or cipher,
in the hundreds' place and the 2 iu the thousands' place, thus completing the multiplication
and obtaining 2085 as the product of 417 multiplied by 5.
Example.—,?. Multiply 123 by 12.
Explanation. — Multiply each figure of the multiplicand by the multiplier,
12 ; 12 times 3 = 36, or, 3 tens j 6 units; write the 6 in units' place and reserve
the 3 tens to add to the next product ; next, 12 times 2 tens are 24 tens, and
adding the 3 tens reserved gives 27 tens, or 2 hundreds) 7 tens; write the 7 in
tens' place and reserve the 2 hundreds to add to the next product; next, 12 times
1 hundred are 12 hundreds, and adding the 2 hundreds reserved gives 14 hun
dreds, or, 1 thousand 4 hundreds, which write in hundreds' and thousands' places, thus com
pleting the multiplication and obtaining 1476 as the product of 123 multiplied by 12.
Rule. — Write the factors one below the other, arranged so that figures
of like orders will stand in the same vertical line. Multiply each figure
of the upper factor, heginjiing at the right, hy the lower factor, placing
in order the last figure of the product so obtained, and carrying to tlie
next product all figures except the last ; continue so doing until the last
product is found, which uriie in full.
0PER.\T10N.
123
12
1476
KXA>II'M.N >oK >IKNTAI. I'ltACTICK.
4
6.
93. Multiply
201 by 8.
1325 by 2.
IS.
hll by 16.
li>.
641 l)y 13.
507 by 5.
8.
2108 by li.
14.
1603 by 9.
20.
7122 i)y 5.
1001 by 12.
9.
511 by' 15.
lo.
3006 by 14.
21.
984 by 8.
311 by" 6.
10.
293 b"y 12.
10.
249 by 7.
22
2260 by 12
805 by 9.
11.
1801 by 13.
17.
519 by 8.
23.
461 l)y"l4.
1203 by 8.
12.
684 by' 14.
18.
1122 in 11.
2J,.
3542 in 15
MULTIPLICATIOK.
•>3
EXAMPLKS FOK WRITTKX I'KACTICK.
94. Multiply
1.
2168 by 9.
€,.
35G142 by 18.
JL
o
31046 by 16.
t .
2147603 by 8.
12.
3.
599 by 12.
S.
15286097 by 15.
13
Jf
2170 by 13.
0.
508093240 by 13.
n
5.
50890 bv 11.
JO.
6381201432 i)y 14.
]■',
99084160024 by 15.
294640205580 by 9.
6620.5380777 by 7.
897352468004 by 12.
21430206041 bv 15.
Multiplicand.
Multiplier.
Units.
Tens.
Hundreds. 1251
417
352
834
2085
95. When the Multiplier consists of two or more figures.
Example. — Multiiily 417 l»y 352.
OPERATION. Ex PI, AX AT I OX. — Write the numbers one below the other in the
00 same unit order from the right. Then, beginning with the unit figure
t . of the lower factor multipl}; 2 times 7 units are 14 units = 1 ten f
5c~ 4 units ; write the 4 units in units' column and add the 1 ten to the
next product; next, 2 times 1 ten are 2 tens and the 1 ten added makes
3 tens, which write in tens' place ; next, 2 times 4 hundreds are 8
hundreds, which write in hundreds' place, giving 834 as the first partial
product, or the product of the upper factor multiplied by the unit
figure of the lower factor. Next take the tens' figure of the lower
number as a multiplier; 7 taken 5 tens or 50 times = 35 tens, or 350 ;
write the 5 of the number 35 in tens' column, or below the 8 tens of
the first partial product, and carry the 3 of the 35 to the next product;
next, 5 times 1 are 5 and the 3 to carry added make 8, which write
under the 8 of the first partial product ; then, 5 times 4 are 20, which
write still to the left, making the second partial product 2085 tens. Next, take the third figure,
or hundreds, of the lower factor, as a multiplier; 3 times 7 hundreds are 21 hundreds ; write
the 1 in the hundreds' place and reserve the 2 for the next product ; then, 3 times 1 are 3 and
2 to carry makes 5, which write in its order ; then, 3 times 4 are 12, which write still to the
left, having as a product 1251. Since, however, the several figures of the factor taken as a
multiplier were of successive orders of units.
The first partial product 834 = 834 simple units.
The second partial product 2085 = 2085 tens = 20850 "
The third partial product 1251 = 1251 hundreds = 125100 "
146784
And the sum = 146784
Therefore, 146784 is found to be the product of the numbers 417 and 352.
Rule. — I. Place the multiplier helow the multiplicand, the unit figures
in the same vertical line.
II Beginning with the unit figure, multiply all the figures of the mul
tiplicand bij each successive figure of the multiplier, writing the first
figure obtained in each partial product directly below the figure by which
it was multiplied. Add the partial products.
Remark. — The object of writing each succeeding partial product below and one place to
the left of its predecessor, is that imits of the same grade, or order, ma}% for convenience in
adding, be found in tlie same vertical line; this arrangement precludes the necessity of filling
the vacant orders witli ciphers.
As before shown, the arrungemeiit of factors will not vary the result ; as,
4 X 5 = 20, also 5 X 4 = 20 ; therefore, in business or school ])ractice, arrange
factors in such order as to save time and space; by so doing, problems otherwise
long and difficult, may be solved Ijy mental ])rocesses.
24 MULTIPLICATION.
Example.— Multiply 120000 by 7256.
Explanation. — Consider the factors as reversed in order ; thus, 7256 X 120000. Theo
multiply the 7256 mentally by 12, and to the product, 87072, annex four ciphers, because the
12 was not 12 simple units but 12 units of the tifth order, or tens of thousands.
9(). When one Factor is 10, 100, 1000, 10000, or 1 with any number of
ciphers annexed.
E.\AMPLE.— Multiply 324 by lOUO.
ExPL.\NATiON. — Since there are three ciphers in tlie multiplier, annex three to the multipli
cand, 324, thus obtaining the product, 324000.
Rule. — To the one factor annex as many ciphers as there are ciphers
in the other factor.
97. A Composite Nuinbei* is a number that may be resolved or separated
into integral factors ; or, it is a number that may be formed by multiplying
together two or more numbers; thus, 12 = 4 X 3 ; or 12 = 2 x 2 X 3 ; or 4 X 3
= 12; or 2 X 2 X 3 = 12.
98. When the Multiplier is a Composite Number.
Whenever it is required to find the product of numbers one or more of which
is composite, the result may be obtained by using as multipliers the factors of l
such composite number or numbers; thus, 6 X 4 = 24, or 6 x (2 X 2) = 24.
Rule. — Separate the multiplier into its factors. Multiply the miMipli
cand by one of these factors, that product hy another factor, and so on,
using in succession all the factors; the last product ivlll be the result
required.
Rem.ark. — Since the order in which factors are used will not vary the product, the student
is recommended to seek the simplest number — the one most easily factored — as a multiplier.
KXAMPLES rOK PRACTICE.
99. 1. Multijily 41 by 15, itsing as factors 3 and 5,
2. Multiply 17 by 21, using as factors 7 and 3.
'3. ;Multi])ly 111 by 24, using as factors 3, 2, and 4
4. Multiply 1157 by 30, using as factors 6 and 6.
o. Multiply 2019 by 45, using as factors 5, 3, and 3.
6. Multiply 8T002 by 9G, using as factors 6, 4, and 4.
7. Multiply 54235 by 144, using as factors 12 and 12.
8. Multiply 54235 by 144, using as factors 9 and 16.
9. Multiply 54235 l)y 144, using as factors 9, 4, and 4.
10. Multiply 54235 by 144, using as factors 3, 3, 2, and 8.
11. ^Multiply 54235 by 144, using as factors 3, 3, 2, 2, and 4.
12. Multiply 54235 by 144, using as factors 3, 3, 2, 2, 2, and 2.
13. Multiply 81 by 64, using as factors 8 and 8,
14. Multiply 04 Ijy 81, using as factors 9 and 9.
lo. Multiply 81 by 04, using as factors of 81. au'I 9, and as factors of
64, 8 and 8.
100. Multiply
1. 1431 by 7000.
e
^. 900 by 2104G.
7
S. 1969 by 54 = 9 x 6.
8
Jt. 171548 by 1500 = 15 X 100.
9
5. 1653 by 25000 = 5 X 5 X 1000.
10
MULTIPLICATION. 25
KXAMPtKS COMBINING EtEMENTAKY PKINCIPLES PKEVIOUSI.Y EXPLAINED.
3500 by 72 = 6 X 12.
1921 by 450 = 9 X 5 X 10.
321058 by 144 = 12 x 12.
504 by 288 = 9 X 8 X 4.
1043 by 105 = 7x3x5.
11. A clerk sold 9 shirts ut 80 cents each, 2 neckties at 35 cents each, 10 col
lars at 25 cents each, a pair of gloves for 75 cents, and two suits of underwear
at 95 cents ]}qv suit. What was the price of all ?
12. I bought 15 cows at 32 dollars per head, a pair of horses for 245 dollars,
a harness for 22 dollars, and 81 sheep at 3 dollars per head ; what was the total
cost of my purchases?
13. The cost of furnishing a house was, for parlor and library furniture 762
dollars, halls 150 dollars, dining room and kitchen 295 dollars, chambers 648
dollars, stoves and furnace 350 dollars, carpets and curtains 825 dollars, what
was the total cost ?
IJf. 14250 dollars was paid for four houses, the first costing 2750 dollars, the
second 400 dollars more than the first, the third 250 dollars less than the first
and second together, and the fourth the remainder. Find the cost of the fourth
house ?
15. Find the difference between the continued products of 91 X 4 X 3x11x9
and 5x5x12x4x6x7.
16. Find the difference between seven units of the sixth order and the con
tinued product of 15x6x5x12x4x7x11x8x2x9.
17. A merchant having 17462 dollars to his credit in a bank, gave checks as
follows: for dry goods 5416 dollars, groceries 5995 dollars, boots and shoes 1416
dollars, hardware 1850 dollars, and drew out 500 dollars for family expenses; what
amount was left in the bank ?
18. Exchanged a city block valued at 35000 dollars, for a farm of 175 acres
valued at 95 dollars per acre, eight horses at 110 dollars cacii, 14 cows at 28
dollars each, 225 sheep at 4 dollars each, farm machinery valued at 825 dollars,
and received the balance in cash. How much cash was received ?
19. A drover bought 135 horses at an average j^rice of 115 dollars for 100 of
them, and 125 dollars per head for the remainder ; he sold 25 at 100 dollars per
head, twice that number at twice the price per head, and the remainder at 67
dollars per head. IIow much was gained or lost ?
20. A ranchman sold to a trader, 46 ponies at 60 dollars i)er j)air, 116 calves
at 9 dollars per head, 41 cows at 35 dollars per head, and a pair of mules for 375
dollars. He received in part payment, 15 barrels of flour at 9 dollars per barrel,
11 hundred weight of bacon at 12 dollars i)er hundred weight, 4 suits of clothes
at 22 dollars \k'V suit, 2 saddles at 13 dollars each, a wagon at 75 dollars, a set of
furniture for 58 dollars, and the remainder in cash. What amount of cash did
the trader i)ay ? ' . '
26 MULTIPLICATION.
MISCELLANEOUS EXAMPLES.
101. 1. The United States export 105,000 sewing machines yearly. If each
machine does the work of 12 women, what is the value of the labor thus con
tributed by the United States to other nations each year of 306 working days, if
labor be estimated at $1 per day?
2. The Union Pacific Railway is 1777 miles in lengtli, and was built at an
average cost of $106,775 per mile; what was the total cost of construction ?
3. The bills issued by the U. S. Treasury for National Bank circulation, are
in denominations of ^1, §2, $5, 810, $20, $50, $100, $500, and $1000. How much
money has one possessing 73 bills of each denomination ?
J^. The gold coins of the U. S. are in denominations of $1, $2.50, $3, $5, $10,
and $20. How much money in a bag containing 365 of each of these coins ?
5. The U. S. notes — greenbacks — are of the following denominations, viz.:
$1, $2, $5, $10, $20, $50, $100, 8500, $1000, $5000, and $10000. How large a
debt could be paid with 7 of each of the abovenamed greenbacks ?
6. How many feet of wire will be required to fence a field 11 10 ft. square, with
six wires on each of the four sides ?
7. What is the amount of the following bill ?
28 lb. Lard @ l\f per lb. 110 lb. Beef @ 14^' per lb.
46 bii. Salt @ 15^' per bu. 50 " Butter @ 32^ per lb.
17 " Apples @ 45^ per bu. 4 pk. Onions @, 35^ per pk.
61 lb. Pork @ 9/ per lb. 15 bu. Potatoes @ 75^' per bu.
8. Find the total cost :
4 cd. Hard Wood @ $6 per cord. 13 tons Furnace Coal @ $5 i)er ton.
11 " Soft Wood @ $3 per cord. 7 " Stove Coal @ $6 i)er tun.
9 loads Kindling @ $2 \^cv load. 2 " Cannel Coal @ $9 per ton.
9. Find the cost of
7 lb. Tea @ 65^ per lb. 9 lb. Java Coffee @ 31^ per lb.
50 " A Sugar @ 7^ per lb. 52 " Br. Sugar @ bf per lb.
15 '' Cheese @ 13^ per lb. 25 " C Sugar @ 6^ per lb.
10. What must be paid fur llie following goods ?
7 yd. Prints @ 7^ per yd. 11 yd. Jeans @ !%(/: per yd.
61 " Sheeting @ 13^ per yd. 29 " Calico @ ^<P per yd.
77 " Ticking @ 15^ \)vv yd. 14 " Delaine @ 23^ per yd.
17 " Drilling @ 16^' per yd. 25 " Gingham @ 12^ per yd.
11. Find the total cost :
67 yd. Moquette Carpet % $3 per yd. 32 yd. Border No. 1 @ $3 per yd.
131 "' Brussels " @ $2 i)er vd. 70 " " " 2 @ $2 per yd.
100 ■• Ingrain " @ $1 per yd. 45 '• " " 3 @ $1 per yd.
13. The Boston '•bootmaker" will enable a workman to make 300 i)airs of
boots daily. How many i»airs can he make in a year having 309 working days?
MULTIPLICATIOX. 27
13. My grain sales for the year 1888 were as follows :
516 bu. White Wheat @ 85^/ per bu. 250 bu. Peas @ 95^' per bu.
723 " Rod " @ 95^ per bu. 287 '' Rye @; 92^/ per bu.
941 " Barley @ 73^ per bu. 635 "'• Beans @ 75^ per bu.
1625 " Oats @ 32^ per bu. 321 '' Buckwheat @ 85'/ j.or Im.
How much was received for all ?
14. In New York State a bushel of barley weighs 48 lb., of clover seed 6(t lb.,
of flax seed 55 lb., of beans 62 lb., of buckwheat 48 lb., of rye 56 11)., of corn
58 lb., of oats 32 lb., of potatoes GO lb., of timothy seed 44 lb., and of wheat
60 lb. What will be the total weight of 5 bushels of each of the products named ?
15. In freighting, lime and flour are each estimated to weigh 200 lb. per barrel;
pork and beef each 320 lb.; apples and potatoes 150 lb. each; cider, whiskv, and
vinegar each 350 lb. What will be the freight at 20^' per liundred jtounds, on a
car containing 15 barrels of each of these pVoducts ?
16. I bought 10 acres of land at $2250 per acre and laid it out in 75 city lots,
expending $4725 for grading and streets, $680 for sidewalks, and $87 for orna
mental trees. I then sold 40 of my lots at $500 each, 20 at $450 each, and
exchanged the remainder for a farm of 110 acres, the cash value of which was
$65 per acre. How much Avas gained or lo.<t ?
17. A gardener rented 5 acres of land for $20 per acre and paid $63 for seeds,
$20 for fertilizers, $246 for labor, and $52 for freight. He sold 2145 bushels of
turnips for $429, 1710 bushels of beets for $513, 4350 bunches celery for $174,
and 800 heads cabbage for $40. What was his gain?
18. A man earning $2.50 per day, works 306 days per year for five years. His
annual expenses are, for board $156, for clothing $47, for charity $12, and he
expends $2 per week for incidentals. If he deposit his surplus each year in a
Savings Bank, what amount will he deposit during the tinu'?
19. The U, S, coupon bonds are in denominations of $50, $100, $500, and
$1000, and the registered bonds in denominations of $50, $100, $500, $1000,
$5000, and $10000, 01 the 4J's of 1891, and the 4's of 1907, there are registered
bonds of the denominations of $20,000 and $50,000. What would be the ajrffre
gate face value of twelve of each of the bonds above named ?
20. A man rented a farm of 132 acres of grain land, 67 acres of i)asture land,
and 45 acres of meadow land ; paying for the grain land $7 per acre, for the
pasture land $4 per acre, and for the meadow land $11 per acre. 'He produced
61 bushels of oats per acre on 45 acres, 32 bu. barley per acre on 30 acres, 75 bu.
corn per acre on 15 acres, 150 bu. potatoes on 9 acres, 28 bu. buckwheat on 20
acres, and 24 bu. beans per acre on tiie remainder of the grain land. He relet
the pasture land for $200, and on tlic meadows cut 2 tons per acre of hay worth
$13 per ton. If he paid $695 for labor and $467 for other expenses, did he gain
or lose, estimating oats at $275, barley at $672, corn at $394, potatoes at $743,
buckwheat at $420, and beans at $2 per bushel ?
28 DIVISION.
DIVISION.
102. Diyision is the process of finding how many times one number is
contained in another of the same kind.
103. The Dividend is the number divided.
104. The Divisor is the number by which the dividend is divided.
105. The Remainder is the part remaining when the division is not exact.
106. The Sign of Division is the character = ; it indicates that the num
ber before it is to be divided by tlie number after it. Thus, 24 ^ 3 = 8, is read
24 divided by 3 equals 8. We see by this operation that 3 is an exact divisor
of 24, also that 3 and 8 are factors of 24.
Remark. — From the above it is clear that the dividend in division corresponds to the product
in multiplication, and the divisor and quotient to the multiplier and multiplicand, or the factors
in multiplication.
107. General Principles. — l. Multiplying the dividend multiplies the
quotient. Thus, Jf8 ^ 6 = 8; {J^S x 2) i 6 = 16.
2. Dividing the divisor multiplies the quotient. Thus, 4^ i 6 = 8; J!^8 ^
{6^2) =Jt8 ^3= 16.
3. Dividijig the dividend divides the quotient. Thus, 4.8 i 6 = 8; (4<§ i 2)
~6 = 24 ^ 6' = 4.
U Multiplying the divisor divides the quotient, lints, 48 ^ 6 = 8; 48 i
{6 X 2) = 48 ^ 12 = 4.
108. General Law. — I. Any change hi the dividend produces a like change
in the quotient.
II. Any change in the divisor produces an opposite change in the quotient.
III. A like change in both dividend and divisor will not change the quotient.
109. General Rnles.— i. // the dividend cmd divisor be given, the
quotient may be found by dividing the dividend by the divisor.
2. If the dividend and quotient be given, the divisor may be found by
dividing the dividend by the quotient.
3. If the divisor and quotient be given, the dividend may be found by
multiplying the divisor by the quotient.
4. If the divisor, quotient, and remainder be given, the dividend may be
found by multiplying the divisor by the quotient and adding the remain
der to the product.
DIVISION.
29
110. To ProYe Division. — Divide the dividend hy the quotient, or mul
tiply the divisor hy the quotient. In divisions which are not exact, add the
remainder to the iiroduct of the divisor and quotient; the sum thus obtained
should he the dividend.
111. The Reciprocal of a number is one, or unity, divided by that number.
A reciprocal will be produced by changing the relation of dividend and divisor;
as, 28 ^ 4 = 7, while 4 4 28 = i ; the resulting \ is the reciprocal of the first
quotient 7.
MENTAL, EXERCISES.
112. What is the quotient of
1. 16 T 2, 4, 8.
2. 20 T 2, 4, 5, 10.
4, 8, 2, 7, 14.
• •4.
5.
6.
7.
8.
9.
10.
90
11.
12.
13.
14
15.
16.
11.
18.
19.
20.
125 ^ 5, 25.
48 ^ 4, 12, 3, 6, 2.
64 ^ 8, 4, 32, 2, 16.
120 H 20, 3, 8, 5, 12.
80 4 4, 16, 10, 20, 8.
144 ^ 12, 8, 6, 4, 3, 24.
175 ^ 35, 7, 5.
96 H 6, 8, 32, 12, 16.
108  3, 2, 9, 6, 12, 27.
200 f 5, 10, 20, 8, 4.
3, 6, 15, 9.
45 H 9, 15, 5, 3.
36 ^ 4, 18, 12, 2, 9.
6, 2, 12, 24.
84  7, 4, 2, 12, 21.
100 ^ 5, 25, 2, 4, 10.
24 ^ 6, 2, 4, 12, 8.
Operations in Division are of two kinds ; Short Division and Long Division.
113. In Short Division, operations are restricted to those divisions in
which the divisor consists of one figure, or is a number coming within one's
thorough knowledge of the multiplication table.
114. When the Divisor consists of only one figure.
Example.— Divide 6482 by 2.
Explanation. — Write the divisor at the left of the dividend, sepa
rating them by a line, next draw a line below the dividend and then
divide each figure of the dividend by the divisor, writing the quotient
below the figure divided. Thus, 2 is contained in 6 thousands, 3 thou
sands times ; write the 3 below the 6 in thousands' column , next, 2 is
contained in 4 hundreds, 2 hundreds times ; place the 2 below the 4 in
hundreds' column ; 2 is contained in 8 tens, 4 tens times ; write the quotient in tens' column ;
2 is contained in 2 units, 1 unit times, or once ; write 1 in units' place, thus completing the
division, and obtaining 3241 as a quotieiit.
115. When the Divisor is a Number within one's thorough knowledge of
the Multiplication Table.
Example.— Divide 31605 by 15.
Explanation. — Write the terms as before. Divide 31 by 15 and obtain
2, which write below the 1 as the first figure of the quotient ; next, 15 is
contained in 16, once ; write 1 in hundreds' column ; 15 in 10, 0, or no
times ; write the 0, or cipher, in tens' column ; 15 in 105, 7 times ; write
the 7 as units of tlie quotient, tlius completing the division, and obtaining
the quotient 2107.
OPERATION.
2 ) 6482
3241
OPERATION.
15 ) 31605
2107
30
DIVISION.
116. When any Figure or Figures of the Dividend will not Exactly Contain
the Divisor.
Example. — Divide 394015 bv 8.
OPEKATIOX.
8 ) 394015
49251^
Explanation — "Write the terms as before. Since 8 hundreds of
thousands is not divisible by the divisor 8, unite the 3 hundreds of thou
sands and the 9 tens of thousands, obtaining 39 tens of thousands ; divide
this by 8 and obtain for the first figure of the quotient 4 tens of thousands,
with a remainder of 7 tens of thousands ; write the 4 below the 9 as the
tens of thousands of the quotient, and unite the 7 tens of thousands to the
4 thousands of the dividend and divide ; 8 is contained in 74 thousands, or 7 tens of thou
sands  4 thousands, 9 thousands times witli a remainder of 2 thousands ; write the 9 in
the column of thousands, and unite the 2 thousands to the next figure of the dividend ' 8 is
contained in 20 hundreds, 2 hundreds times with a remainder of 4 hundreds ', write the 2
hundreds in the column of hundreds, and unite the 4 hundreds to the next figure of the
dividend ; 8 is contained in 41 tens, or 4 hundreds + 1 ten, 5 tens times, with a remainder of
1 ten ; write the 5 in tens' column and uuite the 1 ten to the last figure of the dividend ; 8 is
contained in 15 units, 1 unit times, or once, with a remainder of 7 units, or 7 ; write the
remainder over the divisor in the form of a fraction and annex the result to the entire part of
the quotient, thus obtaining 49251 as the complete quotient of 394015 divided by 8.
Rule. — I. Write the divisor at the left of the dividend with a line
separating them .
11. Beginnifig at the left, divijde each figure of the dividend by the
divisor, and write the resulting quotient underneath the dividend.
in. If after any division there he a remainder, regard this remainder
as prefixed to the next figure of the dividend, and divide as before.
IV. Sliould any partial dividend considered, be less than the divisor,
place a cipher in the quotient and regard the undivided part as prefixed
to the succeeding figure in the dividend and> again divide.
y. // the division is not exact, write the remainder over the divisor in
fractional form, and annex the result to the integral part of the quotient.
EXAMPLES FOR I'KACTICE.
117. Divide
1.
646 by 2.
8.
143258 by 11.
lo.
7600 by 16.
2.
945 by 3.
fK
81052 by 13.
16.
240000 by 13.
3.
1124 by 4.
10.
5841226 by 14.
17.
20416201 by 15
h.
2645 by 5.
11.
90090 by 7.
IS.
952451 by 17. •
5.
31562 by 8.
12.
163208 by 15
19.
200468 by 18.
6.
60703 by 9.
13.
21406 by 8.
20.
1119306 by 10.
7.
2075 by 12.
u.
51007 by 11.
21.
8476432 by 12.
118. "When the Divisor is a Composite Number.
When the divisor is a composite number the operation may be simplified by
usinff tlie factors of the divisor.
DIVISION. 31
Example. — Divide 15552 bv 288.
OPERATION.
Explanation.— First resolve the number 288 into the factors
3 ) 15552 '^, S, 12. Then dividing the dividend by the factor 3 obtain 5184,
— the first ciuotient; dividing this quotient, treated as a new divi
8 ) 5184 1st quotient, dend, by the factor 8 obtain 648 as the second quotient ; again,
.. dividing by the factor 12 obtain 54, the third, or final quotient,
12 ) 648 2nd " which is the quotient required. Hence 14.552 divided by 288
„ , equals 54.
04 3rd
Rule. — Divide the dividend by any one of the factors, and the quotient
thus obtained hy another of the factors,, and so on until all of the factors
have been used as a divisor. The last quotient will be the required result.
EXA31PI.KS FOK PRACTICE.
1 19. 1. Divide 216 by 72, using the factors 8 j^nd 9.
2. Divide 1100 by 55, using the factors 5 and 11.
3. Divide 5280 by 480, using the factors 4, 12, and 10.
4. Divide 31248 by 144, using the factors 12 and 12.
5. Divide 31248 l)y 144, using tlio factors 9 and 16.
6. Divide 31248 by 144, using the factors 8 and 18.
7. Divide 31248 by 144, using the faptors 8, 2, and 9.
8. Divide 31248 by 144, using the ftictors 4, 2, 3, and 6.
.9. Divide 31248 by 144, using the fi^ctors 2, 2, 2, 3, 3, and 2.
10. Divide 2025 by 45, using the factors 3 and 15.
11. Divide 2025 by 45, using the factors 3, 3, and 5.
12. Divide 2025 by 45, using the factors 9 and 5.
Remark. — The pupil will observe that tlie order in wiiich the factors are used, does not
vary the result.
120. To find the True Remainder after Dividing by the Factors of a Com
posite Number.
Example.— Divide 1347 by 105, using tlio factors 5, 3, and 7.
OPERATION. Explanation.— Divide the given dividend by 3,
_ . . • obtaining the quotient 209, with 2 units for a remain
^ ' ' t niits. ^gj.. jjjg quotient 269 is composed of units equal in
3 "i orqs's , 9 ■±. value to 5 times those of the given dividend, and may
___ * be written 2696'8 ; thfe remainder, 2, is of the same
7 ) 89"^'^ + 2''''' = 10 " "°^' value as the given dividend, and is, therefore, a
part of the O'we remainder; next divide the quotient
13W5's _,_ 5i5'a _. vg It 26y^'s by 3 obtaining 89 for a quotient and 2 for a
— remainder. The units of whicli tiie quotient 89 is
rue rem. composed, are equal in value to 15 times those of
•'"To 5 (juotient. tijg given dividend and may be written SQi^'s ; the
remainder is 25's and equals 5 X 2, or 10 units of the
given dividend, next divide by 7 which gives the quotient 12, with 5 for a remainder; the
quotient 12 is composed of units equal in value to 105 times those in the given dividend and may
32 DIVISION.
be written 12'"^'^ ; the remainder is 5'^'^ and equals 15 X 5, or 75 units of the given dividend.
The sum of the remainders, 2 units, 2^'^ or 10 units, and 5'^'*, or 75 units, equals 87, the true
remainder, and the result of the division, or the quotient, is 12 with a remainder of 87 ; or^
in another form 12x*g^.
EXAMPLES EOK PRACTICE.
121. 1. Divide 1121 by 25, using as factors 5 and 5,
2. Divide 819 by 42, using as factors 3, 2, and 7.
3. Divide 1705 by 64, using as factors 8 and 8.
4. Divide 4600 by 135, using as factors 3, 5, 3, and 3.
5. Divide 22406 by 125, using as factors 5, 5, and 5.
6. Divide 53479 by 144, using as factors 12 and 12.
7. Divide 53479 by 144, using as factors 9 and 16.
S. Divide 53479 by 144, using as factors 8 and 18.
9. Divide 53479 by 144, using as factors 4, 9, and 4.
10. Divide 53479 by 144, using as factors 4, 3, 3, and 4.
11. Divide 53479 by 144, using as factors 2, 2, 3, 3, 2, and 2.
12. Divide 419047 by 81, using as factors 3, 3, 3, and 3.
13. Divide 341772 by 4095, using as factors 7, 5, 9, and 13.
IJf. Divide 792431 by 72, using as factors 6, 2, and 6.
15. Divide 19111 by 24, using as factors 2, 2, 2, and 3.
122. To Divide by 10, or any one of its powers.
Since by the decimal system, numbers increase in value from right to left and
■decrease from left to right in a tenfold ratio, it follows tliat to cut off from the
right of a number one place, divides the number by 10, two jilaces by 100, three
places by luOO, etc.
Rule. — From the Tight of the dividend point off as many orders of
units, or places, as the divisor contains ciphers. The figure or figures so
■cut off wiU express the remainder.
123. To Divide by any multiple of 10, 100, or 1000, etc.
Example.— Divide 16419 by 600.
FIRST OPERATION. EXPLANATION. — 6 and 100 are factors
, , of 600. First divide 16419 by 100, by
l/OO ) 164/19 separating from it the last two figures,
obtaining 164 as the first quotient and 19
First quotient 164 — 19, first rem. as the first remainder; next divide 164
by 6 and obtain 27 as the second, or last
SECOND OPERATION. quotient, and 2 as the second, or last
6 ) 164 remainder ; multiply this remainder by
100, to obtain its true value, and to the
Second quotient 27. .2 X 100 = 200, second rem. result add the first remainderobtaining 219
rtiA ^or the true remainder. The result of
Zly, true rem. ...... . .**•«, j
the division is a quotient of 27 and a
27^ required quotient. remainder of 219, or 27Uh
DIVISION. 33
B/Ule. — From the right of the dividend separate as many figures as
Hhe divisor contains ciphers; divide the figures at the left of the separa
trix by the digit or digits of the divisor, and to the remainder, if there
be one, annex the figures first separated from the dividend; the result
will be the true remainder.
EXAMPLES FOR PRACTICE.
124. 1. Divide 519 by 40, using as factors 4 and 10.
2. Divide 1164 by 300, using as factors 3 and 100.
5. Divide 2084 by 500, using as factors 5 and 100.
Jf. Divide 90406 by 1500, using as factors 15 and 100.
J. Divide 83251 by 600, using as factors 6 and 100.
6. Divide 416250 by 9000, using as factors 9 and 1000.
7. Divide 94275 by 3000, using as factors 3 and 1000.
8. Divide 730246 by 11000, using as factors 11 and 1000.
9. Divide 50640231 by 120000, using as factors 12 and 10000.
10. Divide 620974 by 41000, using as factors 41 and 1000.
11. Divide 124689011 by 5910000, using as factors 591 and 10000.
12. Divide 365021467 by 6250000, using as factors 625 and 10000.
MISCELLANEOUS EXAMPLES IN SHORT DIVISION.
125. 1. A gentleman left his estate worth $618330 to be shared equally by
his wife and five children; what was the sliare of each?
2. A county containing 400000 acres is divided into 25 townships of equal
area. How many acres in each township?
3. $21,735 was received from the sale of a farm at $35 per acre. How many
acres did the farm contain?
Jf. If a speculator pays $15730 for 715 acres of Nebraska prairie land, and
sells the same for $17875, what is his gain .per acre?
6. In New York City, in February, 1882, Hazel walked 660 miles in 6 days,
receiving as a prize $20000. Allowing no time for stops, what was his average
distance and the average amount earned per hour?
6. Great Britain makes 330 million pins weekly, or 9 for each inhabitant ;
what is the number of inhabitants?
7. The dividend is 230304561, the divisor is 15 ; find the quotient and the
remainder?
8. The remainder is 7, the quotient 19023, and the dividend 247306 ; what is
the divisor?
9. If 8 men can do a certain piece of work in 9 days, in how many days can
12 men do the same work?
10. I sell my village home for $3250, my store for $5000, my stock of goods
for $11250, receiving in part payment $8775 cash, and for the remainder Iowa
prairie land at $15 per acre; how manv acres should I receive?
3
34 DIVISION.
11. The steamship Servia crosses the Atlantic from New York City to Liver
pool in 150 hours, averaging for the first 24 hours, 18 miles per hour; for the
next 48 hours, 17 miles per hour; for the next 30 hours, 19 miles per hour; and
for the next 12 hours, 21 miles per hour. If the entire distance be 2841 miles,
what was the average distance per hour traveled for the remainder uf the time ?
Remark. — Short division, though a mental process, is practicable whenever the divisor ia
35 or less, if the pupil has mastered the multiplication table as given.
LONG DIVISION.
1*26. When the divisor is ;i number larger than can be treated mentally, the
following method, called Long Division, is employed.
Example.— Divide 81437 by 37.
Explanation. — Write the terms as in short division, and place
a line after the dividend to separate it from the quotient, which is
now to be written at the right. Then divide the first two figures
of the dividend, 81, by the divisor, 37, and obtain 2 as the first
figure of the quotient ; then subtract from 81 the product of 2 x
37, or 74, obtaining 7 as a remainder ; to this remainder annex 4,
the succeeding figure of the dividend, which gives 74 as the next
partial dividend; the divisor is contained in this dividend twice,
or 2 times, giving 2 as the next or second quotient figure ; sub
tracting the product of 2 X 37 from 74, nothing remains; then
bring down 3, the next figure of the dividend and as it is less than
the divisor, place a in the quotient ; next bring down 7, the
remaining figure of the dividend which gives 37 as the last partial dividend ; the divisor is
contained in this dividend once, or 1 time ; writing this 1 as the final figure of the quotient
and subtracting the last partial product from the last partial dividend nothing remains, and
the quotient, 2201, is the result of dividing 81437 by 37.
Rule. — I. Write the divisor at the left of the dividend with a curved
line between them, and another Hive at the right of the dividend to sep
arate it from the quotient when found.
II. From the left of the dividend select the least nuniber of figures
that will contain the divisor one or more times, and divide. Write the
quotient figure thus obtained at the right of the dividend, inultiply the
divisor by this quotient figure and subtract the product from the partial
dividend used. To the remainder annex the succeeding figure of the
dividend and divide as before; so continue until the last partial product
has been siobtracted from the last partial dividend. If there be a
remainder place it over the divisor with a line between, and write the
resulting fraction as a part of the quotient.
Vroof.— Multiply the divisor by the quotiext, and to the product add the
REMAiNDEB if there be any; the result .should equal the dividend.
OPERATION.
Divisor.
, Dividend.
Quotient.
37
) 81437
74
74
74
37
37
( 2201
Remainder.
127. Divide
DIVISION.
EXAMPLES IX LOXG DIVISION.
35
1.
1728 by 48.
11.
115680 by 155.
21.
2.
2025 by 135.
12.
29410 by 251.
22
3.
625 by 125.
13.
666666 by 2144.
23.
U
1920 by 160.
u.
93462007 by 1525.
24.
5.
;>268 by 45.
15.
5005C0500 by 1888.
25.
6.
106295 by 28.
16.
21416009 by 5407.
26.
7.
52467 by 109.
17.
11460250 by 999.
27.
8.
4762 by 367.
18.
87629000 by 11181.
28.
9.
250000 by 793.
19.
20405701 by 820006.
29.
10.
87524 by 31.
20.
72109904 by 72109.
30.
375735212 by 20812.
26800001 by' 909125.
104690955 by 5642.
9000716002 by 1776.
250252500 by 1562.
5087910041 by 508791.
3641694611 by 72853.
111222333456 by 370054.
9876543210 by 12345.
210631890048 by 840263.
MISCELLANEOUS EXAMPLES IN LONG DIVISION.
128. 1. In 1880 the total number of persons engaged in all occupations in
the United States was 17392099, of which 7670493 were engaged in agriculture;
how many times greater is the whole number of workers than those engaged
in agriculture ?
2. The 2515 miles of canal in the United States cost $170028636 ; what was
the average cost per mile?
3. If an elephant produces 120 lb. of ivory and the manufactories of Sheffield
consume yearly 483000 lb., how many elephants must be killed each year to
sui)ply the Slieffield market alone ?
4.. In 1880 there were in attendance in the 177100 public schools of the United
States 9705100 pupils ; what was the average number in attendance in each
school ?
5. During the financial crisis of 1857, 7200 business houses in the United
States failed for an aggregate of 111 million dollars ; what was the average
insolvency ?
6. Dan. Lambert, at the age of 40, weighed 739 lb.; if his weight at birth was
13 lb., what was his average yearly increase of weight ?
7. Between 1871 and 1884 the Kiml)erly diamond field of 9 acres produced
75 million dollars wortli of diamonds; what average value per acre was produced
each year ? Each month ?
8. A bottle thrown overboard into the Pacific Ocean was picked uj) 455 days
later, 6700 miles distant from where it was thrown; wliat average distance did it
float per day ?
9. The great bell of Moscow weighs 202 tons of 2240 Ih. eacli; if 77 parts of
the metal of which it is composed are copper and the remaining 23 parts tin. liow
many pounds of each metal does the bell contain ?
10. The log of the yacht Wanderer in circumnavigating the globe in 188082,
showed 48490 miles run in 280 days actual running time; what was the average
miles run per day ?
11. An Iowa firm manufactures daily, from 5 tons of paper, 1600 barrels, of 6 lb.
weight each ; what number of barrels can be made, at this rate, from 10750 lb.
of paper ?
3G DIVISION.
t
12. On the planet Neptune 60127 days make one year. A year on Nei)tune
equals liow many common years on the earth ?
13. For the year ending September 30, 1887, the exchanges at the Clearing
House at Xew York amounted to §34872848786, and those of tlie 36 remaining
important cities, $17253855702. What was the average of the exchanges per
month at the Xew York Clearing House ? "Wliat was the average per month of
the 36 remaining Clearing Houses ?
IJf. The Spanish Armada, sent in 1588, by Phillip II. of Spain for the intended
coufjuest of England, comprised 132 shijis with 34054 seamen and soldiers.
What was the average number with each shij) ?
15. In 1885 the total loans of the National Banks of Chicago and St. Louis
were $55171842, while those of the National Banks of New York city were
$236823598. How many times greater was the amount loaned by the banks of
New York than by the banks of the other two cities named ?
16. The aggregate height above sea level of the 8 highest mountains of the
earth, is 174173 feet. "What is the average' height in miles of 5280 feet each ?
17. During the year 1854, 50 banks of New York city made exchanges
through the Clearing House to the amount of $5750455987; and in the year
1887, 64 banks nuide exchanges to the amount of $34872848786. Find the
average clearings of each bank for each of the two years quoted.
18. The Kingdom of Belgium averages 480 inhabitants per square mile and
the United States averages only 14. How many more times densely peopled is
Belgium than the United States ?
19. The National Banks of St Louis in 1885 made loans to tne amount of
$9182417, while those of Chicago made, during the same year, loans to the
amount of $45089425. How many times greater were the loans of the banks of
Chicago than those of St. Louis ?
20. The total cost of the railroads of the U. S. in 1880 was $5425772550.
If the average cost per mile was $62522, how many miles had there been built ?
21. In 1880 the total railroad freight of the United States was 290897395 tons,
of which 42003504 tons was grain and 89622899 tons was coal. How many times
greater was the whole freight than that of coal alone? How many times greater
than that of grain alone ?
22. The total expenditures of the railroads of the United States in the year
1880, were $541950795, and their net income was $119344596. How many times
greater were the expenditures than the net income ?
AVERAGE. 37
AVERAGE.
129. The Average of several numerical terms is the quotient obtained by
dividing their sum by the number of terms taken. Thus, the average of
32, 40, 56, IG, 72, 24, 70, and 66, is 47, because 8 times 47 = 376, which is the
sum of the numbers taken,
130. An average may be fractional ; as 33 is the average of 59, 43, 21, 10,
and 35, because the sum of these five numbers equals 5 times 33.
Remark. — The average numerical value of fractions, either common or decimal, may be
obtained by dividing the sum of all such fractional expressions by the number of such
expressions taken.
Rule. — Divide the sum of the terms &// the numher of terms used.
KXAMFLKS FOK PKACTICK.
131. Find the average of the following groups of numbers and prove the
results :
1. 20, 24, 52, and 88. i 3. 71, 46, 200, 11, 93, 51, and IT.
2. 32, 72, 56, 108, and 144.  ^. 5, 28, 19, 72, 40, 85, 106, 29, and 54.
5. A man walked during six days of a week, 41, 47, 36, 54, 60, and 44 miles
respectively. How many miles did he average per day?
6. A merchant sold during the 12 months of a year, goods in amounts as
follows: $14216, $10008, $11051, $11097, $18241*^ $16900, 813754, 812291,
$9267, $12935, $14901, and $20518. What were his average sales per month?
7. An errand boy earned on ]\Ionday 73^', Tuesday 91^, Wednesday 49^*, Thurs
day 67^', Friday 81^', and Saturday 95^'. What were his average earnings i)er
day for the week?
COMPLEMENT.
132. The Complement of a number is the difference between such number
and a unit of the next higher order; thus, the complement of 6 is 4, because 4 is
the difference between 6 and 10, or 1 ten, a unit of the next higher order than G.
Again, the complement of 83 is 17, because 17 is the difference between 83
and 100, or 1 hundred, a unit of the next higher order than 83.
Again, the complement of 209 is 791, because their sum is equal to lOdo.
£XAMPI.£S FOR PRACTICE.
133. Find the complement of each of the following numbers, and ])rove and
explain results :
1.
36.
S.
115.
5.
81.
1 ''•
1249.
y.
28763.
2.
71.
4.
704.
6.
258.
1 <^
1094.
10.
82041.
38
PACTOES AND FACTORING.
FACTORS AND FACTORING.
134. Factors art such numbers as multiplied together will produce a
required number ; as 3 and 4. also 3, 2, and 2 are factors of 12 ; 3 and 15, also
5 and 9 are factors of 45
135. A Prime Number is one that cannot be resolved into two or more
factors ; or, it is a number exactly divisible only by itself and unity; thus, 2, 3,
5, 7, 11, and 13, are prime numbers. 2 is the only even number that is prime.
13C. A Composite Number is one that can be resolved into factors.
137. A Prime Factor is n jirime^nwmhev used as vi factor.
To aid the pujjil in determining the prime factors of a composite number we
give the following
Table of Prime Numbers from 1 to lOOO.
1
59
139
233
337
439
557
653
769
883
2
r,i
149
239
347
443
563
659
773
887
3
07
151
241
349
449
569
661
787
907
5
71
157
251
353
457
571
673
797
911
7
73
163
257
359
461
577
677
809
919
11
79
1G7
263
367
463
587
683
811
929
13
83
173
269
373
467
593
691
821
937
17
89
179
271
379
479
599
701
823
941
19
97
181
277
383
487
601
709
827
947
23
101
191
281
389
491
607
719
829
953
2!)
103
193
283
397
499
613
727
839
967
31
107
197
293
401
503
617
733
853
971
37
109
199
307
409
509
619
739
857
977
41
113
211
311
419
521
631
743
859
983
43
127
223
313
421
523
641
751
863
991
47
131
227
317
431
541
643
757
877
997
53
137
229
331
433
547
647
761
881
Remauk. The pupil can with little labor memorize the prime numbers from 1 to 100.
It^
FACTORS AND FACTORING. 39
138. To Find the Prime Factors of a Composite Number.
Example. — Find the prime factors of 4290.
■OPERATION.
5 ) 4290 Explanation.— Observe that the given number ends with a cipher, hence is
— :; — r~ exactly divisible by the prime number 5, by which divide it; next, observe that
2 J^oo ^jjg quotient ends with an even number, and is, therefore, exactly divisible by
3 ) 429 2, so divide by 2 ; then observe that 3 will exactly divide the quotient 429 ;
^ J 143 divide by it, obtaining 143, which divide by 11, obtaining 13, which divided by
— ' itself, gives a quotient of 1. All the divisors being prime numbers they together
13 ) 13 constitute the prime factors of 4290.
1
Rule. — Divide by any prime niomber that is exactly contained in the
dividend; divide the resulting qiooiient in the same manner, and con
tinue this until the final quotient is 1 The prime divisors will he aU
the prime factors of the dividend.
KXAMPLKS FOK PRACTICE
139. Resolve
1. 27 into its prime factors.
2. 117 into its prime factors.
S. 165 into its prime factors.
Jf. 93 into its prime factors.
J. 2376 into its prime factors.
6'. 1050 into its prime factors.
7. 144 into its prime factors.
S. 15625 into its prime factors.
9. 22464 into its prime factors.
10. 881790 into its prime factors.
DIVISORS.
140. An Exact Diyisor of a number is one which will divide it without a
remainder, or which gives a whole number as a quotient ; thus, 5 is an exact
divisor of 15, 3 of 12, and 2 of 4.
141. 1. Any number is divisible by itself and 1.
3. Any even number is divisible by 2.
3. Any number ending with 5 or is divisible by 5.
4. Any number ending with is divisible by 10.
5. An even number is not an exact divisor of an odd number.
6. A composite number is an exact divisor of any number Avhen all its factors
are divisors of the same number.
142. A Common Divisor of two or more numbers is one that will exactly
divide all the numbers considered; thus 3 is a common divisor of 6, 9, 12, and 15;
also 7 is a common divisor of 14, 28, 35, and 49.
143. The Greatest Common Divisor of two or more numbers is the
greatest number that is exactly contained in all of them, or that will divide each
of them without a remainder.
144. Numbers having no common divisor, or factor, are said to be prime to
€ach other.
40 DIVISORS.
145. To Find the Greatest Common Divisor.
I. When the numbers are readily factored.
Example. — Find the greatest common divisor of 10, 15, and 35.
OPERATION. Explanation. — By inspection find that the prime number 5 is ai»
r \ iQ IS o exact divisor of each of the numbers given; using it as a divisor,
gives as quotients 2, 3, and 7; these being prime numbers have no
2 — 3 — 7 common divisor, therefore 5 is a common divisor of the numbers 10,
15, and 35. and as it is the greatest number that will exactly divide
them it must be their greatest common divisor.
Remark. — When it is determined by inspection that any composite number will exactly
divide all the numbers of which we wish to obtain the greatest common divisor, such com
posite number may wisely be used as a divisor.
II. When numbers are less readily factored.
Example. — Find the greatest common divisor of 140, 210, 350, 420, and 630.
OPERATION. Explanation. — To prevent confusion, sepa.
^>\■.^/^ «,^ o/^ . ./^ ,.../i rate the numbers by a short dash. Observe that
2)140 — 210 — 3o0 — 420 — 630 „ .„ ., ■.. .i u c ,u k n
J_ 2 will exactly divide each of the numbers, like
g \ fQ 2Q^ irrx .)]() 315 wise that 5 and 7 will exactly divide the successive
quotients ; therefore divide by 2, 5, and 7 ; then
T ) 14 — 21 — 35 — 42 — 105 observethattheremainingquotients, 2, 3, 5, 6, and
— 15 have no common divisor ; hence the divisors
''^ — 3 — .T — 6 — 15 2, 5, and 7 are all factors of the greatest common
divisor, which is 70.
Rule. — I. Write the nuvibers in a horizontaZ line, separating thein hij
a dash.
n. Divide by any number that mill exactly divide all the numbers
given, and so continue until the quotients have no common divisor.
HI. Multiply together the divisors for the Greatest Common Divisor
Remark. — When factors cannot be readily determined by inspection the numbers may be
resolved into their prime factors. The product of all the common factors of all the givea
numbers will be the greatest common divisor.
EXAMPLKS FOR PRACTICE.
146. Find the greatest common divisor of
1. 22, 55, and 99.
2. 24, 36, 60, and 96.
3. 32, 48, 80, 112, and 144.
A. 54, 72, 90, 126, 180, and 216.
7. 252, 630, 1134, and 1456.
8. 2150, 600, 3650, 1000, and oOO.
9. 302, 453, 755, 1057, and 1661.
10. 126, 441, 567, 693, and 1071.
5. 104, 156, 260, 364, and 572. 11. 210, 350, 280, 840, and 1260.
6. 135, 450, 315, and 585. I 12, 200,325, 525, 350, and 675.
MULTIPLES.
41
147. "When no Common Factor can be Determined by Inspection
Example. — What is the greatest common divisor of 182 and 858.
OPERATION.
182
130
52
52
858
728
130
104
26
Explanation. — Draw two vertical lines and write the numbers on
the right and left. Then divide 858 by 182, and write the quotient,
4, between the lines; then divide 182 by the remainder, 130, and write
the quotient, 1, between the lines; next divide 130 by 52 and write the
quotient, 2, as before; next divide 52 by 26 and write the quotient as
before. As there is nothing now remaining the last divisor, 26, is the
greatest common divisor of the given numbers.
Remarks. — 1. The greatest common divisor of several numbers which cannot be factored,
may be obtained by taking any two of them and applying the above formula; then the divisor
thus obtained and one of the remaining numbers, and so on until the last. If 1 be the final
result they have no common divisor; if any number greater than 1, that number must be the
greatest common divisor of all the given numbers.
2. The only practical use of the Greatest Common Divisor is in the reduction of a common
fraction to its lowest terms; we thus find a number that will affect such reduction by a division
of the terms but once.
Rule. — Divide the greater numher by the less, the divisor by the
remainder, and to continue until nothing remains. The last divisor will
be the Greatest Common Divisor.
148.
1. 316 and 664.
2. 96 and 216.
3. 1226 and 2722
4. 1649 and 5423
KXAMPLES roil PKACTICK
Find the greatest common divisor of
J. 1377 and 1581.
6. 92 and 124.
7. 679 and 1869.
<^. 2047 and 3013.
9.
231 and 273.
10.
1179 and 1703
11.
1888 and 1425
12.
1900 and 1375
MULTIPLES.
149. A Multiple is a number exactly divisible by a given number; as, 12 is
a multiple of 6.
150. A Commou Multiple is a number exactly divisible ])y two or nioie
given numbers; as, 12 is a common multiple of 6, 3, and 2.
151. The Least Commou Multiple of two or more numbers is the least
number exactly divisible by each of them; as, 36 is the least common multiple
of 18, 9, 6, 4, 3, and 12. ^
152. Principles. — l. The 2^roduct of two or more numbers, or any number
of tim"s their product, must be a common multiple of the numbers.
2. Two or more numbers may have any number of common multiples.
3. A multijjle of a number must contain all the prime factors of that number.
4 T/ie common midtiple of several numbers must contain all the factors of
all the numbers.
5. The least common multiple of ttvo or more numbers is the least number
that will contain all the prime factors of the numbers yiven.
42 MULTIPLES.
153. To Find the Least Common Multiple of Two or More Numbers
Example. — Find the least common multiple of 12, 16, 63, and 90.
Explanation. — By factoring, find the prime factors of 12 which are 2, 2, and 3.
" 16 " 2, 2, 2, and 2.
" 63 " 3, 3, and 7.
" 90 " 3, 3, 2, and 5.
Since no number less than 90 can be divided by 90, it is evident that the least common multiple
cannot be less than that number ; hence it must contain 3, 3, 2, and 5, the factors of 90 ;
including with these another 2, gives all the factors of 12; two more 2's all the factors of 16 ;
and if 7 be included, all the factors of 63 are obtained ; hence the product of the factors 3, 3,
2. 5, 2, 2, 2, 2, and 7, or 5040 must be the least common multiple of the numbers 12, 16, 63,
and 90.
The method of determining tlie least common multiple by formula given below,
will be found convenient.
Example. — Find the least common multiple of the numbers 12, 16, 63, and 90.
Write the numbers in a horizontal line to obviate confusion, and separate them
by a dash.
OPERATION. Explanation.— First divide by 2 ; 63 not being divisible by 2
2 \ 12 16 63 90 bring it to the lower line and divide again by 2; neither 63 nor 45
being divisible by 2, bring both to the lower, or quotient line.
2 ) 6 — 8 — 63 — 45 Next divide by 3; 4 not being divisible by 3, bring it to the quo
q \ Q 4 63 15 *^®°^ ^'°*^ ^°*^ divide again by 3; the remaining numbers 4, 7, and
5 being prime to each other, are to be taken, together with the
3 ) 1 — 4 — 21 — 15 prime divisors 2, 2, 3, and 3, as factors of the least common mul
~ T I I tiple; their product is 5040, the same as before found.
Remarks — 1. This principle has a practical value only in determining the least common
denominator of common fractions, and is even then rarely used.
2. Where one of the numbers given is a factor of another, reject the smaller.
3. When it is observed that any composite number is exactly contained in all the numbers
given, divide by such composite number rather than by its prime factors; the operation will
thus be shortened.
Rule. — 1 Write the nunibers in a horizontal line, separating them by
a dash.
11. Divide by any factor common to all the numbers, or by any prime
factor of any two or more of them. In the same manner divide the
quotients obtained, and continue until the quotients are prime to each
other.
in. The product of the divisors and prime remainders is the Least
Common Multiple.
154. Greatest Common Divisor and Least Common Multiple Compared.
I. Tlie greatest common divisor is the product of all the pj^me factors common
to all tlie numbers.
II. The least common multiple is the product of all the prime factors of all
the numbers.
CANCELLATION. 43
EXAMPLES FOR PRACTICE
155. Find the least common multiple of
1. 12, 20, and 32.
2. 25, 90, and 225.
3. 6, 16, 26, and 36.
4. 42, 210, 56, and 35. I 7. 18, 80, 99, and 120.
5. 5, 30, 24, and 28. I 8. 2, 3, 4, 5, 6, 7, and 8.
6. 11, 32, 216, and 66. I 9. 21, 72, 24, and 30.
CANCELLATION.
156. Cancellation is the omission of the same factor from terms sustaining
to each other the relation of dividend and divisor. It is used for the purpose of
saving labor in division, and is an application of the principle already given,
that dividing both dividend and divisor by the same number will not alter the
quotient; thus f may be read 2 divided 4; divide both terms by 2 and the result
is 1 divided by 2, or .
2 X 27
Again, mav be read 2 times 27, divided bv 4 times 18 ; reiecting the
4 X 18 "
factor 2 from the 2 in the dividend and from the 4 of the divisor, also the factor
9 from the 27 of the dividend and the 18 of the divisor, gives =■ : — ,
Mxi^2 2x2
or f, or 3 divided by 4, as a final quotient.
The correctness of this result is easily proved by factoring the dividend and
divisor, thus : = , then reiecting 2 and 9 from both terms,
4 X 18 2 X 2 x 9 X 2
or cancelling, obtain = f Ans.
^ X 2 X X 2
157. We may supplement the former definition thus: The rejection of equiva
lents of factors from terms sustaining to each other the relation of dividend and
divisor, is cancellation.
Example. —What is the quotient of 3x2x28x5x7x51 divided bv
6 X 11 X 4 X 7 X 35 X 17?
OPERATION. Explanation.— Cancel 6 from the divisor and
$x2x2$X^XlxW3 3x2 from tlie dividend; 4x7 from tlie divisor
'■ = y5j. and 28 from the dividend; the 35 from the divisor
^ XllX'ixIl XUXU and 5x7 from the dividend; the 17 from the
divisor and the 51 from the dividend, leaving 3 in
the dividend, and 11 in the divisor; the quotient is j\.
Remark. — This principle can be put to frequent and valuable use in a great variety of
business computations.
Rule. — I. Write the divisor helow the dividend iinth a line separating
them.
II. Cancel from the dividend and divisor all factors common tu both;
then divide the product of the remaining factors of the dividend hy the
product of the remaining factors of the divisor.
44 CANCELLATION.
EXAMPLES FOK PRACTICE.
158. 1. Determine by cancellation the quotient of 5 x 9 x 2 x 13 x 40 x 6
divided bv 8 x 3 x 7 X 26.
2. Determine by cancellation the quotient of 64 x 25 x 3 x 15 divided by
45 X 12 X 4 X 11 X 36.
In like manner,
3. Divide 210x 9x 78x 5 x23 X 10 X 36 by 13x144x40x3x27 X5x400.
4. Divide 38 X 4 X 55 X 9 x 32 X 30 by 12 X 11 X 3 X 16 x 19 x 5.
5. Divide 51 X 7 X 9 X 27 X 40 X 54 by 63 X 17 X 9 x 200.
6. Divide 24 X 25 X 26 X 27 by 2 x 4 x 5 x 9 x 13.
7. Divide 2 X 3 X 4 x 5 x 6 x 7 X 8 x 9 by 23 x 45 x 67 x 89.
8. Divide the product of the numbers 98, 76, 54, and 32 l)y the product of
the numbers 9, 8, 7, 6, 5, 4, 3, and 2.
9. Divide the product of 33, 4, 42, 9, 5, and 60 by the product of 7, 15, 12,
and 11.
10. Divide the product of 416,216, and 810 by the product of 135, 52, 24,
and 5.
11. How many bushels of potatoes at 60^ per bushel will pay for 450 lb. of
sugar at 6^ per pound ?
12. A farmer traded 4 hogs weighing 325 lb. each, at 6^ })er pound, for sugar
at 5^ per pound. How many entire barrels of 312 lb. each should the farmer
receive ?
IS. I bought 18 car loads of apples of 216 barrels each, each barrel containing
3 bushels at 60^ per bushel, and paid for the same in woolen cloth. If each
bale of cloth contained 600 yd. at 30 cents per yard, how many bales and how
many odd yards did I deliver ?
IJ^ How many yards of cloth at .15^ per yard should be given for 9 barrels of
pork of 200 lb. each, at 6'/ per pound ?
15. A hunter traded 6 dozen coonskins at 40^ each, for powder at 75^ per lb.
How many 5 lb. cans of powder should he receive ?
16. How many pieces of cloth of 45 yd. each, should be received for 5 baskets
of eggs, each basket containing 21 dozens at 18^' per dozen, if the cloth be valued
at 8^ per yard ?
17. How many quarter sections of Kansas prairie land valued at §9 per acre,
should be received for 80 cattle worth 878 per head ?
Rem.vbk. — A section of land, in the Unitefl States, contains 640 acres.
18. How many years' work of 12 months of 26 days each, must be given for
a farm of 112 acres at i78 per acre, if labor be worth $2 yer day.''
19. A farmer exchanged 3 loads of oats, each load containing 27 sacks of 2
bushels each, worth 33^ per bushel, for flour at 6'/ per pound. At 196 lb. per
barrel, how many barrels should he have received ?
20. How many sections of Texas jirairie land at $8 per acre should be given
for ap Ohio farm of 272 acres at $45 per acre .''
FEACTIONS. 45
FRACTIONS.
159. A Fraction is one or more of the equiil parts of a unit. If a unit be
divided into 3 equal parts, one of the parts is called onethird and is written ^ ;
two of the parts are called twothirds and are written §.
160. A Fractional Unit is one of the equal parts into which the number or
thing is divided. \, \, ^, are fractional units.
161. The Numerator is the number above the line; it numerates, or num
bers the parts, and is a dividend,
162. The Denominator is the number below the line; it denominates, or
names the value, or size, of the parts showing the number of parts into which
the unit has been divided. It is a divisor.
163. The Terms of a fraction are the numerator and denominator, taken
together.
164. The Value of a fraction is the quotient of the numerator divided by
the denominator.
165. Fractions are distinguished as Common Fractions and Decimal Frac
tions; and common fractions are either jorojoer or Improper.
166. A Common Fraction is one expressed by two numbers, one written
above the other, Avitli a line between.
167. A Proper Fraction is one whose value is less than 1, the numerator
being less than the denomimdor. \, f, \, f, ^i, ^ ^vo. p)roper fractions.
168. An Improper Fraction is one whose numerator is either equal to or
greater than its denominator; its value is equal to or greater than 1. , , \, ,
V' St ' rt ^^"6 improper fractions.
169. A Mixed Number is an entire or luhole number and n fraction united.
2i, 5f, 91, 143, lOTfl are mixed numbers.
170. A Complex Fraction is one having a fraction for its numerator or
denominator, or for both of its terms.
As a fraction indicates a division to be performed, a complex fraction indicates a division of
fractions to be performed. ^ ^^ * complex fraction and indicates that f is to be divided by S ;
' 5 *
the expression is read f s 5 ; — , and ^ are also complex fractions.
i 8
Principles. — 1. Multiplying the numerator multiplies the fraction; dividing
the numerator divides the fraction.
2. Multiplyhuj the denominator divides the fraction; di aiding the denominator
multiplies the fraction.
3. Multiplying or dividing both terms of a Jradioti Inj the same number does
not change the value of the fraction.
46 REDUCTION OF FRACTIONS.
REDUCTION OF FRACTIONS.
171. To Reduce a Whole Number to a Fractional Form.
Example. — Reduce 3 to ;i fraction the denominator of wliicli is 7.
Explanation.— The fractional unit having 7 for a denominator is 4 ; and since 1 unit
equals 7 sevenths, 3 units which are 3 times 1 unit must equal 3 times 7 sevenths, or 21 sev
enths ; therefore, 3 = V
Rule. — Multiply the ichole number hy the required deiwrninator, and
place the product over the denominator for a numerator.
EXAMPLES FOR PRACTICE.
Wi. 1. Reduce 5 to a fraction the" denominator of which will be 4.
J. Reduce 7 to a fraction the denominator of which will be 9.
J. Reduce 4 to a fraction the denominator of Avhich will be 13.
,'/. Reduce 3 to a fraction the denominator of which will l)c 8.
'). Reduce 8 to a fraction the denominator of Avhich will bo 12.
6. Reduce 15 to a fraction the denominator of which will bo 10.
7. Reduce 14 to a fraction the denominator of which will be 5.
8. Reduce 27 to a fraction the denominator of which will 1)e 11.
9. Reduce 416 to a fraction the denominator of which will be 23.
JO. Reduce 1125 to a fraction the denominator of which Avill be 57.
173. To Reduce a Mixed Number to an Improper Fraction.
Example. — Reduce 5f to an improper fraction.
Explanation.— Since 1 unit is equal to 3 thirds, 5 units, whicli are 5 times 1 unit, must
be equal to 5 times 3 thirds, or 15 thirds; and 15 thirds plus 2 thirds equals 17 thirds; there
fore, ^ = y.
Rule. — Multiply the whole number by the denominator of the fraction,
to the product add the numerator, and place the sum over the denom
inator.
KXAMPLES POK I'KAi'TICK.
174. Reduce
1. 3^ to an improper fraction.
2. 7 to an impro])er fraction.
3. 10 to an improper fraction.
Jf.. 43f to an improjier fraction.
J. 16^ to an improjyer fraction.
'j. 78f to an improper fraction.
7. ^^^i^ to an improper fraction.
8. 170^L. to an improper fraction.
•9. KMOg'y to an im])roper fraction.
]i>. 96Sj^ 1o an improper fraction.
175. To Reduce an Improper Fraction to a Whole or Mixed Number.
Ex.\MPLE. — Reduce / tu a whole or mixed number.
Explanation. — Since 4 fourths make 1 unit, 23 fourtlis will make as mrny vmits a.s 4 is
contained times in 23, or 5 times with a remainder of 3, or threefourths; therefore,," = 5f.
REDUCTION OF FRACTIONS. 47
Rule. — Divide the numerator by the dertominator, place the remain
der, if any, over the denominator, and annex the fraction thus found
to the entire part of the quotient
KXAMPtES FOK PRACTICE
176. Reduce
1. 1^ to a whole or mixed number.
2. Y to a whole or mixed number.
3. ^ to a whole or mixed number.
4.. ^^ to a whole or mixed number.
5. y^^ to a whole or mixed number.
6. \y> to a whole or mixed number.
7. ii to a whcle or mixed number.
8.  to a Avhole or mixed number,
^ Vs¥ ^^ ^ whole cr mixed number.
10. 1 Iff" to a whole or mi xed number.
177. To Reduce a Fraction to its Lowest Terms.
Example. — Reduce y\ to its lowest terms.
Explanation. — By applying the principles of factoring, change the form of the fraction
2x3
JL to — ~ ; then by cancellation reject the 2 and 3 from the numerator, and the same
2X3X3
factors from the denominator, leaving 1 for the new numerator and 3 for tlie new denom
inator; the resulting fraction is i.
Or, observe that 6 is a factor of both the terms and that i is the result of dividing both
the terms by 6.
Rules. — 1. Divide both terms of the fraction hy their greatest common
■divisor. Or,
2. Divide both terms of the fraction hy any common factor, and con
tinue the operation ivith the resulting fractions until they have no com
mon divisor.
Remarks. — 1. When the terms of a fraction have no common factor, the fraction is in its
simplest form, or its lowest terras.
2. If both terms of a fraction be divided by their greatest common divisor the fraction will
be reduced to its loirest terms. This is the only use in practical arithmetic of the theory of
the greatest common divisor.
EXAMPLES FOK PRACTICE.
178. 1. Reduce ^ to its lowest terms.
2. Reduce ^f to its lowest terms.
3. Reduce § to its bwest terms.
Jf. Reduce Jf to its lowest terms.
0. Reduce ^^ to its lowest terms.
6'. Reduce ^^^ to its lowest terms.
7. Reduce ^^ to its lowest terms.
8. Reduce  to its lowest terms.
9. Reduce ^ to its lowest terms.
10. Reduce m to its lowest terms.
179. To Reduce a Fraction to Higher Terms.
Example. — Reduce f to a fraction the denominator of which is 21.
Explanation. — Since 7 is contained in 21 three times, the given fraction maybe reduced to
a fraction whose denominator is 21, by multiplying both of its terms by 3; multiplying 22L?
gives l\, the required result. This operation does not alter the value of the given fraction.
Rule. — Divide the required denominator hy the denominator of the
given fraction and multiply the niimcrator hy the quotient thus obtained;
write the product over the required denominator.
48 REDl'CTIOX OF FRACTIONS.
EXAMPLES FOR PRACTICE.
180. 1. Reduce f to a fraction the denominator of whicli is 15.
2. Reduce ^ to a fraction the denominator of which is 36.
S. Reduce ^ to a fraction the denominator of which is 42.
J^. Reduce f to a fraction the denominator of which is 32.
5. Reduce ^j to a fraction the denominator of which is 88.
6. Reduce ^ to a fraction the denominator of whicli is 52.
7. Reduce 4^ to a fraction the denominator of which is 115.
S. Reduce ^ to a fraction the denominator of which is 128.
0. Reduce / to a fraction the denominator of which is 102.
10, Reduce l\ to a fraction the denominator of which is 147.
181. To Reduce Fractions to Equivalent Fractions Having a Common Denom
inator.
Example. — Reduce f, ^, , 4, to equivalent fractions having a common
denominator.
EXPLAXA.TION. — The product of the denominators 3, 2, 5, 7, = 210, and this number is
exactly divisible by each of the several denominators; hence each of the given fractions may
be reduced to an equivalent having 210 for a denominator; the desired result is then accom
plished, as 210 is a denominator common to all the given fractions; f = ^*g,  = iyg,  = \\^,
«nH 4 — ISO
ana , — jto
Rule. — Multiply together the deivominators of the given fractions for
a common deiiominator. Multiply each jiuDveT'ator hy all the denomina
tors except its aim and irrife the several results iti turn over the common
denominator.
Remark. — "Where one or more of the given denominators are factors of the others, the
smaller may he rejected.
EXAMPLES FOR PRACTICE.
182. Reduce to e<iuivalent fractions having a common denominator:
1' h\,\, and .
^ J, iV. f 4> i. and iV
3. A» h \, 2, tV. h and .
4. n, 5, h \h h ■i\, and J.
^. fa, 51, t3„, 38i, 23, and]2.
6. 44, 5i, 13if, 0, and 11 J.
' • h I, II, \h If, and \.
8. 2^, 72,llt, 23^V, i I, and5.
9' tl, f, fj, 8, iiil^, andf
10. A, 4, ^l, j^^gV, H, t and 20.
1S:J. To Reduce Fractions to Equivalent Fractions Having the Least Com
mon Benominator.
The Least Common Denominator of two or more fractions is the least denom
inator to which tlu'V can all Ije reduced, and must be the least common multiple
of the given denominators.
Example. — Reduce \, , I, \, ^^, and ^ to equivalent fractions having the
least common denominator.
OPERATION. Explanation. —Find the least
3, 2, ) 9 — 15 — 4 \ = j3g^. ^ = jSJi^. common multiple of the given de
3 5 2 i ^= J4'' 4 = "" nominators for the least common
igo L — isu denominator, which is 180. Then
3X2X3X5X2 = 180. j^ = ,%■ f = iJ;;. by Art. 179, reduce each of the
^ven fractions to a fraction whose denominator is 180.
ADDITIOX OF FRACTIONS.
49
Rule. — I Find the least common multiple of the given denom,inators.
II. Divide this inidtiple hy the denmrviaator of each of the given frac
Mons, and multiply its uum^erator hy the quotient thus obtained.
Remarks. — 1. The pupil should do as much of this work as possible by inspection.
2. Mixed numbers should be reduced to improper fractions before applying the rule.
EXAMPLES FOR PKACTICE.
184. Eeduce to equivalent fractions having the least common denominator:
7. 23i, 14f, 7^, 5f, and f .
8. 17, 2f, 14i, 8f, 3^\, and 5.
T5 3j f J ?5 "B"' T> 8j TTj ^^^ A
1 h h h and f .
2 h h h h and .
S. h h, "!> h ^> and jL.
4. A, i, h h 2, H', and 4.
^. h h tV ^> h ¥. and 5.
■6. A. i^ 11' n, n, ^, and 1
9.
10.
11.
12.
A, h U, \h 8, iV 3i, in, and ^.
it, iV i 14, 1, il, Vr«, W, 5f, 11.
il, H, V, \h 3, 2i, 4^3^, 2, tf
ADDITION OF FRACTIONS.
185. To Add Fractions having a Common Denominator.
Example. — Find the sum of ,, I, , J, and .
OPEKATION.
+ i + «9 + i + t = V
V = 2i.
Explanation. — As the given fractions have a com
mon denominator, their sum may be found by adding the
numerators and placing the result 19, over the common
denominator ; the simplest form of this sum is found by
application of Art. 175.
Rule. — Add the numerators and place the sum over the coinmon
denominator ; if the result be an improper fraction reduce it to a whole
or mixed number.
EXAMPLES EOK PRACTICE.
186. Add
^. f, f, h i h and f
^ if , tV f^, H, t\, and tV
3. is, e, h, ii, H, il, and H
^ h^ h, A. t't, t^, H» and 4.
5 A, A, t\. H, a, 14, and f 1
6.
7.
<?.
10.
W, ii fi, 1^, \l, \h and ^Sg
T7 > TT' fi ' 2 T ITT' and f^.
ii, ih, A, ii, ih ih ii, and If.
A, ii, "jV, "3%, "2??, il, if, and f.
i^, A. ii, if, If, If, ff, and i^
187. iTo Add Fractions not having a Common Denominator.
Example. — "What is the sum of f, 4, and 4.
OPERATION. Explanation.— Since the given fractions are not of the
2 , B^ I 1 same unit value, reduce them to a common denominator
' ' (Art. 181), and writing their equivalents below, add their
f t "I" fr + ti ^^ f I =^ lf4' numerators, and place the sum over the common denom
inator; reduce this result to an improper fraction.
Rule. — Reduce the fractions to a common denominator, or if desired,
to their least common denominator ; add the resulting numerators, place
the sum obtained over the common denominator and reduce the fraction.
4
50
AUDITION' OF FRACTIONS.
EXA3IPL£S FOK PKACTICE.
188. Add
1 h I, h h I, \, and f.
^ H» f^' i' I' i' ^' and yV
^ fr. ft. f. fi. i, i' and \\.
4. f , f , 1*0, \, h> and i
^. h h h h \, h^ and \.
6' n, i, fo, h h h H. and ^.
 h h t'«V, iVf^ if. i. h and i.
<^ H. ^> h tV. iuS I. h and f
^'>. f, f, §, iS. A. i. and ^K.
10. h h ii I. I. *, t'o, and WL.
189. To Add Mixed Numbers.
Example. — Find the sum of 2^, ^, 4, and f.
OPERATION.
2^ + ^ + 4 + 1 =
Explanation. — Write the expressions in a hori
zontal line; then change such of the expressions as
are in mixed or entire form to fractional equivalents,
and place them, together with the simple fractions,
in a line below. Next find by inspection that 90 is
the least common multiple of the denominators, or
the least common denominator of the expressions;
then apply Art. 170, add, and reduce results.
For convenience the fraction.? may be written in a vertical line and only the
fractional parts of the expressions reduced : then adding the integers and the
fractions separately, unite the results.
OPERATION.
2
+ 45
4
i TO
i 3C
m
Explanation. — Separate, mentally, or by a vertical line, the integers
from the fractions. By inspection reduce the fractions to equivalents hav
ing the common denominator 90 ; now, keeping this in mind, write only
the numerators 45, 70, and 36 ; the sum of these is 151, which placed over
the common denominator in the form of a fraction, gives Vo"i reducible
to 1 J J; this added to the integers gives 7f^, the sum as before found.
Rules. — 1 Reduce mixed numbers and integers to common fractional
forms and then to coinmon denominators. Add their numerators, place
the result over the common denoTninator in the form of a fraction, and
reduce to simplest form. Or,
2. Find the sum of the integers and the fractional expressions sep
arately, and add the results.
KXAMPL,ES FOK PRACTICE
190. Add
1. 4, 4, I, i, h 3, \, H, and 11.
2. I, 2i, \, h 6, h h ^n, and 4^.
3. I, h ^, n, 5, 3i, h n, and .
Jf. 2, 5, I, n4, i, 14, 20iand 4.
5. \, 3, 64, I, 19, 75i, Vj, and ^,.
6.
7.
S.
0.
10.
3t, 10, 21^, 42^:, 84i, and 168^^.
m, WA, 50f^, 29H, and 86^
591^, 103e, 5oi, 400, and 96^
10.3^^, 1191^, 2974, and 188i.
33^ 15, 124, Ci, 25, and l^.
Remark. — In invoices of cloth, «fec., account of fractional parts is made only in quarters
and merely the numerators are written; as, 5* = 5, 3^ = 3^, 13* = 13, etc.
SUBTRACTION OF FRACTIONS. 51
Miscellaneous Examples in Addition <»f Fractions.
EXAMPLES FOR MENTAL PRACTICE.
191.
What is 1
1.
\,h
\, and 1
2.
hh
i, and f
3.
i, i,
h and f
Jf.
4 S
t' IT'
f , and 4
5. f, f , I, and .
^ 3j To' ?» '"^" To*
7 i, f , f, f, I, and H.
'^. i, h h h i^, and h
9 i, h h h h, and H.
■^^ 1. i. tV, H' ^, h and If
^^ I' h Ih \h and 3.
1^ i, !,f,ii, 1,1,1, i, and f.
EXAMPLES FOR "WRITTEN PRACTICE,
192. Add
1. 130f, 69§, 600^\, :3044J, and 4G. j ^. 900, 47i, Sf, 4, 29f, 06^?^, and 4.
^^ 80t^, 2^, 5f, 17, 41^, 83^, and 14f. 5. 16, 33^, 66f, 88^, 100, and llGf.
■3. 28A, 85jV, 60^^, 400, 20, and 11. 1 6. 18f, 65, 161f, 67f, 23^, and 75.
7. The six fields of a farm measure respectively, 10, 12, 19^, 26^.^, 30^ J,
and 2^ acres. How many acres in the farm ?
8. Ten sheep weighed as follows : 90yV, HOi, 89f, 100, 106, 101^, 96, 99,
113f, and 198^ lb. respectively. What was their aggregate weight ?
9. A farmer sold 3G0 pounds of pork, 167f lb. of turkey, 241 lb. of
chicken, 690{f lb. of butter, 475 lb. of lard, a cow's hide weighing 97f lb.,
71lb. of tallow, and three quarters of Ijcef weighing respectively, 161:J, 187i,
and 190 lb. How many pounds in all had he to deliver ?
10. For 341f bushels of wheat I received $375^,
For 597 bushels of barley I received $500i,
For 11204 bushels of oats I received $619f,
For 316^ bushels of buckwheat I received 1200^^,
For 250 bushels of beans I received 1525j''^,
For 1386^ bushels of potatoes I received $755^,
For 1050^ bushels of apples I received 1301 j^.
For 630^ bushels of turnips I received 163^^^.
How many bushels did I sell and what sum was received for all ?
SUBTRACTION OF FRACTIONS.
193. To Subtract Fractions having a Common Denominator.
Example. — Subtract f from ,
OPERATION. Explanation. — Since the fractions have a common denominator, tiieir
g ^ difiFerence may be found by taking the numerator 3 from the numerator
lf
5, and placing the difference 2, over their common denominator
Rule. — Subtract the numerator of tlie subtrahend from that of the
minuend, and place the difference over the coimnoih deiioDiinator.
Remark. — A proper fraction may be subtracted from 1 by writing the difference between
its numerator and denominator over the denominator. Results should always be reduced to
their lowest terms. Improper fractions may be treated the same as if proper.
52
SUBTRACTION OF FRACTIONS.
194.
EXAMPUES FOR MKNTAL PRACTICK.
What is the difference between
1. \ and \.
2. ^ and f .
3. W and A
4. \\ and T*j. I r. V and f .  76». \\ and y^.
5. I and \. 8. \l and i^. 11. 1 and if
6. 1 and i 1 V. fa and if I 12. 1 and y^^.
195. Subtract
1. fl from f.
3. ft. from ^.
EXAMPL.KS FOK WRITTEN PRACTICE.
s.
\^ from 1.
•H ^'•oni f.
Kl from i^^.
P.
11.
12.
\\ from ^f
tVo from ifa.
SV from ^i.
II from SV
13.
U
15.
10.
13. SV '»n<^ T^
U. 4" and f
i.'J. 1 and 4^.
ff from ^.
H^fromH^.
\WiYom\.
yV from 3.
196. To Subtract Fractions not having a Common Denominator.
Example. — From f take .
OPERATION. Explanation. — As the denominators indicate the kind of parts, and
only like things can be taken the one from tlie other, it follows that before
tlie subtraction can be performed, the fractions must be reduced to a
11 =
\» — To ^^ If'o common denominator ; then, the difference between the resulting numera
tors, placed over the common denominator gives /^ as a result.
^u\e. — Eeduce the given fractions to equivalent fractions having a
common denominator. Subtract the numerator of the subtraJiend from
the mimerafor of the minuend, and uidte the result over the common
denominator.
Remark. — Improper fractions may be treated in like manner.
EXAMPIES FOR MENTAL PRACTICE.
197. What is the diflFercneo between
i. i and f ? \ Jf i and \ ?
2.
i and f ?
3. I and f ?
5. y^andi?
6. \ and f ?
9.
f and J4 ?
i and l"?
HandtV?
10.
11.
12.
yV and I ?
H and If ?
M and \\ ?
198. Subtract
1. I from J.
2. I from .
3. ^j from 4
4. II from V
EXAMPLES FOR AVRITTEN PRACTICE.
Find the difference between
9.
if and .
13.
\\ and i.
10.
V and 1.
u.
1^ and V.
11.
V and yV
15.
1 and f
12.
U and V
16.
1 and .
Fnnn
5. I take J.
6. \^ take f .
7. V take V
<^. il take i.
199 To Subtract Mixed Numbers.
Example. — From IGJ take 11 J.
OPERATION. Explanation. — Reduce the fractions to a common denominator.
16 — llf = Ob.serving that the ^^ of the subtrahend is greater than the y\ of the
minuend, take 1 from the 16 of the minuend, reduce it to twelfths (f),
and adding it to the ^\ obtain \% ; from this take the f^ and the fractional
remainder is found to be \\. Having taken 1 from the 16 in the minuend,
there remains 15 from which to take the 11 of the subtrahend ; therefore
the integral remainder is 4, and the entire result 4^.
Rem.\rk.— In case the minuend is integral subtract 1 and reduce it to a fractional form of
the required denominator.
10,^ = 15^,
i1t«V = 11/2
SUBTRACTION OF FRACTIONS.
53
'Rule. ^ Write the subtrahend underneath the minuend. Reduce the
fractional paHs to like denominators. Subtract fractional and integral
parts separately and unite the results.
Remark.— In case the lower fraction be greater than the upper, take 1 from the upper whole
number, reduce it and add to the upper fraction ; from this sum take the lower fraction.
EXAMPIiES FOR MENTAL. PRACTICE.
200. What is the difference between
1.
2.
S.
4.
6i and 2^ ?
5 and 3i ?
12 1 and 34 ?
17Hand^?
3i and 5^ ?
8f and llyV ?
14f andSlfJ?
6 J and 14^ ?
9.
10.
11.
12.
3^ and 12^ ?
17tV and b\ ?
21iandllf ?
9^and23H?
IS. 17iVand22^?
U. 12and3Ji?
15. 113f andUi?
16. 215 iV and 45 1?
EXAMPLES FOR WRITTEN PRACTICE.
201. From
1. 4i take 1\\.
2. 18TVtake5f
S. 79i take 491^.
■4. 104A " 84f
Subtract
9J I from 11.
20 from 56f ^.
41 II from 50.
Find the difference between
9.
10.
11.
12.
240f and 89^.
210if and 250.
200 and 1\^\.
11444 << 5^0
13. 117^and5Tf.
U. 951^ and 383.V
?/>. lOoOf^ and 2020.
10. 2016 and 2503.
EXAMPLES REQUIRING THE USE OF THE PRECEDING EXPLANATIONS.
202. From the sum of
I and J take .
I and f take \\.
f and f take \\.
I and 2 take 4.
'^ and 9 1 take 34.
5f and 4^ take 9.
1.
;■)
^.
3.
Jf
5.
6.
13.
u.
15.
10.
17.
18.
19.
20.
21.
22.
23.
Take the sum of ^
Subtract the sum of
7. j\ and y from 14f.
8. 8i and ^ from 20.
9. f and 5 from 11^.
10. 18f and IS^V from 100/,.
11. 20^V and 1 5^^ f i"om 40gi^.
12. 201 ij and 87f from 304 i.
and f from tlie sum of 24 and .
Take the sum of 3 and y from the sum of 4 and 8.
Take the sum of 20 and 14yV from the sum of 18f and 19^^.
Take tlie sum of 28y5^ and GO^ from the sum of bO\ and 401.
Take the sum of 100^ and 28 from the sum of 60/^ and GO^V
Take the sum of 13^ and 46 from the difference between 125 and 1 1\.
Take the sum of 216 and lOl^from the difference between 1000 and 875
Take the sum of 45^ and 25^ from the difference between 305f and 425^.
Take the sum of 23 and 41/„ from the difference between 21^ and 93^.
Take the sum of 91 and 5f from the difference between lig and 19.
From 21G^ acres of hind, lots of 21 A, IGf A, 2Gj A, 41.} A, and 63f
acres were sold. How many acres remained unsold ?
2Jf. A lady went shopping with 135 J in her purse. She expended for car fare,
^ of a doll?,r; for thread, J of a dollar; for gloves, 'i\ dollars; for a hat, b\ dollars;
for a clock, 21 dollars; and invested the remainder in linen. How much was
paid for the linen?
54 MULTIPLICATION OP FRACTIONS.
25. A dealer bought u farm for $3685f , the crops for $887^, the stock for
11015^, and the utensils for $602^. He sold the entire i)roperty for $6425^%.
Did he gain or lose and how much ?
26. From the difference between 280^ and 1200^ take tlie sum of 20^, 16,
5^, 86, UH' it SS ^iid 100.
27. From the sum of 80, 70^, GOf, and 1 take tlie difference between IJ
and 101.
28. From the sum of 4, f , ^, \, , f, I, , and jV take the difference between
V and 2.
29. Haying $1302 in bank I drew checks for $204, ^ISOi^^^, $G40^, 1^82^,
$20, 130^, and $100. How much remained to my credit in the bank ?
30. A town owing $38246, paid, in '35, $9304f ; in '86, $12000^ ; in '87,
14250^ ; and in '88 the remainder. How much was the jiayment of 1888 ?
31. If I jiay $3500 for a house, $346 for repairs, $1126f for furniture,
I4U0^ for carpets and curtains, and sell tlie entire property for $5000, how much
will I lose ?
MULTIPLICATION OF FRACTIONS.
203. To Multiply a Fraction by a Whole Number.
Example. — Multiply f by 4.
OPERATION I.
Explanation — Since the numerator is the divi
3 V 4
A >>^ 4 :— : ^_ll__ _ 1 2 _ ^4 _ j^i dend, the fraction may be multiplied by multiplying
8 the numerator 3 by the multiplier 4 ; the product is
^/, which reduced gives 1, or li. Or, since the
OPERATION 11. denominator 8, is the divisor, the fraction may be
3 r, 1 , multiplied by dividing this divisor 8, by the multi
plier 4, which will give the reduced form,  = 1^.
This introduces the principle of cancellation into
or, j; X ^ = 2 = li' fractional operations.
X 4 = = t = U ;
84 *
For examples containing concrete numbers, reason as follows :
Example. — If one pound of wool costs f of a dollar, what will be the cost of
21 i)ounds ?
Explanation.— Since one pound costs  of a dollar, 21 pounds which are 21 times 1 pound
will cost 21 times  of a dollar, or 7 dollars.
Bule. — Multiply the numerator, or divide the denominator, by the
whole munber.
Remark. — To economize time and space divide the denominator or cancel when it can be
done, as the numbers to be treated are tlius put into simpler form.
MULTIPLICATION OF FRACTIONS.
EXAMPLES rOK MENTAt PRACTICE.
204. What is the product of
1. I multiplied by 3 ? \ 6.
2. \ multiplied by 2 ?  7.
3. % multiplied by 4 ? \ 8.
Jf. j\ multiplied by d ? 9.
S. ^ multiplied by 7 ? 1 10.
f multiplied by 3 ?
\^ multiplied by 5 ?
I multiplied by 8 ?
j\ multiplied by 15?
^^ multiplied by 6 ?
11.
12.
13.
U
lo.
205. Multiply
1. ^ by 85.
2. 41 by 8.
^. V by 12.
4. V by 9.
KXAMPI.ES FOR WRITTEN PRACTICE.
6.
3J by 16.
V by 11.
i4 by 40.
V by 28.
9.
10.
11.
12.
V/ by 10.
\V by 57.
t\ by 21.
H' by 20.
55
\ multiplied by 12 ?
1^ multiplied by 5 ?
f multiplied by C ?
y\ multiplied by 30?
■^ multiplied by 32?
13. II by 115.
IJt. \V by 49.
15. ^?jijbyl05.
16. ^\ by 156.
Remark. — It is sometimes desirable to reduce the whole number to fractional form by
placing? 1 for its denominator.
206. To Multiply a Whole Number by a Frattion.
Example. — Multiply 6 by yV
Operation I.
Operation II.
■jiV X = f = 3^.
Operation III.
!x^ =  = 3^.
3d
Explanations. — 1st. If the multiplicand 6, be multiplied
by 7, the numerator of the fraction yV, the product 42 will be
12 times too large, because the multiplier was not 7, but one
twelfth of 7; hence this product must be divided by 12, which
gives If = S^V = 3*.
2d. Since 6 and ^^ are the factors of the product, and as it
matters not which term is multiplied, reverse the order of the
factors and proceed as in Art. 203.
Place 1 as a denominator for the multiplicand, theu cancel and reduce.
Rule. — Multiply the ivlvole numher hij the numerator of the fraction,
■and divide the product by the denominator. Cancel when possible.
EXAMPLES FOR MENTAL PRACTICE.
4. 9 multiplied by W.
5. 14 multiplied by .
6.
207. What is the product of
1. 5 multiplied by f.
2. 7 multiplied by f
3. 6 multiplied by .
22 multiplied by ^.
7. 40 multiplied by f.
8. 9 multiplied by .
9. 4 multiplied by \\.
10. 7 multiplied by f .
11. 15 multiplied by ^.
12. 21 multiplied by \\.
13. 12 multiplied by \.
H. 18 multiplied by .
15. 42 multiplied by 4
208. Multiply.
1. 81 by f
2. 56 by .
3. 61 by f
J^. 105 by \\.
EXAMPLES FOR WRITTEN PRACTICE.
19 by V/.
22 by i.
240 by \l.
8 by li.
9.
10.
11.
12.
27 bv f
210byfi.
48 by H •
91 by i.
13.
U.
15.
16.
71 by H.
203 by ^.
415 by V.
672 by f.
Remark. — Entire or mixed number can be treated with facility by reducing them to fractional
forms and cancelling when possible.
56
MULTIPLICATION OF FRACTIONS.
209. To Multiply a Fraction by a Fraction.
Example. — 1. (Abstract). Multiply f by 4.
Operation. Explanation.— The multiplier, 2, is equal to 3 times ^
X (3 times ^, or 1 of 3. By application of 203, multiply ? bj 3, which
^ =z I or gives ?, which must be seven times too large, since the
( 1^ of 3. multiplier nas not 3, but oneseventh of 3; hence, the
 X 3 = ; 1x4 = ^. conect result will be obtained by dividing the product, 0,
by 7, which gives /^ .
Example. — 2. (Concrete). If a pound of tea co^s ^ of a dollar, what will ^
of a pound cost ?
Explanation.— If a pound of tea costs  of a dollar, i of a pound will cost ^ of  of a
dollar, or ^V of a dollar; if J^ of a pound costs ^\ of a dollar, i which is 2 times i, must cost 2
times j\ of a dollar, or j^ of a dollar.
Example. — 3. If a yard of cloth costs 1 (or y ) dolhirs, what will  of a yd.
cost ?
ExPLAN.^TiON. — If 1 yd. costs y dollars, ^ of a yd. will cost ^ of 5/, orf of a dollar; and if
J of a yd. costs I of a dollar, i which is 4 times , must cost 4 times f , or § = 1^ dollars.
REM.4.RKS — 1. Observe that the numerator of the product is the product of the numerators
of the factors, and that the denominator of the product is the product of the denominators of
the factors.
2. This will apply to the product of any fractions, proper or improper, or to the product
of continued fractions.
Rule. — I Cujicel all equivalent factors from the numerators and
denojtiinators.
II. Multiply togetlier the remaining nmnerators for the numerator of
the product, and the reniniiiiiig dcuomijiators for the dcnomiiiator of
the product.
EXAMPLKS rOK MENTAL PRACTICE (ABSTRACT).
210. Find th(
1. \ and 4.
?. I and .
■?. I and \.
4. \ and .
luc
t of
Multiply
5.
1 and I
9. ^byf
6.
f and ■^.
^0. ifi^yf.
7.
ii and f .
11. Mhyf.
s.
■1 i^y Tv
]2. f3bv.
IS.
U.
15.
16.
Hbyl.
EXAMPLE.S for mental practice (CONCRETE).
211. 1. "What will be the cost of  of a pound of tea, if the cost of a pound
be f of a dollar?
2. I bouglit f of an acre of land and sold ^ of my purchase. What i)art of an
acre did I sell?
3. What will be the cost of J of f of a cord of wood at $6 per cord?
4. A girl having  of a yard of ribbon used  of what she had. What part of
a yard had she left.
5. John was given f of a farm and James  as much. What part had James?
6. If :}: of a stock were lost by fire and the remainder sold at  of its cost, what
part of the first cost was received.
DIVISIOX OF FRACTIONS. 57
7. Divide 20 into two parts, one of which shall be f of the other.
8. So divide $150 between two persons that one may have \ of the whole more
than the other.
9. Tea costing f of a dollar per 2)ound is sold for  of its cost. For what
price per pound is the tea sold?
10. Coffee costing ^^ of a dollar per pound is sold for ^ of its cost. What price
is obtained for the coffee?
11. What is ^ of f of a yard of cloth worth, if the entire yard costs f of a
dollar?
12. If a pound of steak costs ^^ of a dollar, what will \ of ^ of a pound cost?
13. After paying ^ a dollar for a pound of nuts, I sold  of  of my purchase
at the same rate. How much did I receive ?
H. From a gallon of oil f of  of a gallon leaked away. AVhut 2)urt of a gallon
was left?
EXAMPI.KS FOK IVKITTKN PKACTICK.
212. Multiply together
1 iil, A, II. ^"tUi
2. 3, I, I, 21, and llf.
3. I, I, U, ll^V V, and 20.
4. 12f, \^, 21, 60i, and fg.
5. 5^, 8, ll^io, 17i, 25f, and 6.
6. ^, 19, 29f, 39, and 49.
7 h h h i, h h I, and 10.
<^. 200^, 187^, 40yV, and 51f
9. 500, 186y\, 63f, 41, 19f, and 4.
10. 23^^, 16f, 8, and 12f
11' I, 1^, li ¥, V.andH
1' h h i, h ^, and 60.
13. 13^, 21f, 12, 4, 2, and 3^.
U R, if, 5.1^, H, audi
15. What will be the cost of 74^ tons of hay at f of 15^ dollars i)er ton?
16. Having bought  of a farm of lOG^ acres, I sold f of my ])urchase. How
many acres do I sell?
17. I bought a house for $21654^ and sold it for ^1^ of its cost. How many
dollars did I lose?
18. If 71" barrels of flour be consumed by a family in ten months, hoAV many
barrels would fifteen such families consume in 134 months?
19. Having bought 2^ tons of coal at f of IGf dollars per ton, I gave in i>fly
ment a twenty dollar bill. How much change should I have received ?
20. If 17^ cords of wood are bought at ^ of 13 dollars per cord, and sold at
I" of 9^ dollars per cord, what is the gain or loss?
DIVISION OF FRACTIONS.
213. To Divide a Fraction by a Whole Number.
Example — 1. Divide ^ by 2.
OPERATION. Explanation.— By the General Principles of Fractions, dividin": the num
, erator (dividend) divides the fraction; hence, divide the numerator 4 of the
* "^ ^" fraction i by 2, and the quotient is f .
58
DIVISION OF FRACTIONS.
Example. — •>.
cost ?
OPERATION.
If a jjouud of tea costs f of a dollar what will 4 of a i»ound
ExPLASATiox. — If one pound costs ^ of a dollar, i of a pound will
cost i of ^, or f of a dollar. Observe that in this operation the mul
. .?. tiplier + is the reciprocal of the divisor 2, or 1 has been written under
the divisor as a denominator, the divisor inverted and the work per
formed as in multiplication.
Example. — 3. Divide  by 7.
Explanation. — ^By the Greneral Principles of Fractions, if we multiply the denominator we
divide the fraction. Therefore,  = 7 = /j.
Rule. — Divide the incvi£rator or jnultiply the dejwmiiiator hy tlie
whole number.
Remarks. — 1. Divide the numerator if it be divisible, as the numbers will thus be made
smaller.
2. If the dividend be a mixed number and the divisor an integer, it is not necessary
to reduce the dividend to an improper fraction; divide the integral part of the dividend by the
divisor, and if there be a remainder from such division, reduce it to a fraction of the same
denomination as the fractional part of the dividend, add it to this fractional part and divide as
before shown.
Example
OPERATION.
8)2815f
351
—4. Divide 28151 by 8.
Explanation. — (Short Method). — Write as in Short Division and divide; 8 is
contained in 2815j, 351 times with a remainder of Tj^not divided; reduce the 7 to
thirds and to the result add the ^ making /, which divide by 8, obtaining ?, as
the fractional part of the quotient; annex this to the integral part which
gives 351J.
EXAJHPI.ES FOR MEXTAX PKACTICE.
211. What is the quotient of
4 divided by 3 ?
J I divided by 4 ?
,«, divided by 9 ?
^\ divided by 8 ?
5.
6.
9.
10.
11.
12.
f divided by 4 ?
4 divided by 7?
14 divided by IS ?
fl^ divided by 22 ?
H" divided by 5 ?
\\ divided by 7 ?
J Of divided by 15 ?
II divided by 13 ?
IS. If a pound of powder costs f of a dollar, what will ^ of a pound cost ?
IJf., Having \\ of a yard of cloth, I divided it into 7 equal pieces. How
much cloth was there in each piece ?
15. If 1^ of a farm be grain land, and evenly divided into 3 fields, what i)art
of the farm will each field contain ?
EXA3IPLKS FOK WKITTEX PKACTICE.
215. Divide
1. ^by9.
5. A\by8.
0.
308 Jj by 40.
13.
205 by 6.
2. 2i^ bv 17.
6'. 21i by 5.
10.
10003Vby41.
U
185 1 by 9.
s. Hbyi2.
7. 41^ by 11.
11.
16f by 5.
15.
112^ by 8
Jf. 3ff by 21.
8. 2096 1 by 21.
12.
108^ by 25.
16.
321 by 6
DIVISION" OF FRACTIONS.
59
216. To Divide a Whole Number by a Fraction.
Example. — Into liow many pieces f of a yard eaub, may 5 yards of ribbon be
cut?
OPERATION. Explanation. — Since 5 yd. equals ^f yd. Ibey may be cut iulo as
o ^ ^ =: many pieces, each containing f yd. as  is contained times in 'j^Vhich is
y ^ 2 _ 7^ 7i times.
Remark. — Since the denominator names or tells the kinds, or value of the parts taken, when
fractions are reduced to the same denomination, or to equivalent fractions having a common
denominator, their numerators compare as whole numbers. We may consequently ignore the
denominators.
Rules. — 1. Multiply the denominator of the fraction hy the whole
nuinber, and divide the result hy the numerator. <^r,
2. Reduce the ivhole number to a fraction .of the same denoinination
as the divisor, and divide the numerator of the dividend hy that of the
divisor.
KXAMPLES FOK MKXTAL I'KAtTICK.
217. Divide
1. 17 by f
6. UhjU.
11.
31 by V
16.
Mby.
2. 11 by .
7. 20by^.
12.
50 by V
17.
30 by ^
3. 20 by if.
8. 51 by If.
13.
21 by i
18.
12 by .
4. 86by.
9. 39byH.
U
60 by .
19.
33 by H
S. 101 b^' ^.
10. 25byV
15.
18 by .
20.
15 by .
EXAMPLES FOR WRITTEN PRACTICE.
218. 1. If i of an acre of land sell for 45 dollars, what Avill an acre sell for
at the same rate ?
2. A farm of 471 acres is divided into shares of 94^ acres eacli. How many
shares are there ?
3. A church collection of 232 dollars was divided among poor families to each
of which was given 5f dollars. How many families shared the bounty ?
4. When potatoes are worth f of a dollar per bushel and apples  of a dollar
per bushel, how many bushels of potatoes will pay for a load of apples measuring
30 bushels ?
5. A woman buys f of a cord of wood worth Gf dollars per cord and jiays for
it in work at i of a dollar per day. How many days must she work to make full
payment ?
6. A dealer paid f of 15f dollars for  of 14:^ cords of wood. "What was the
cost per cord ?
7. If j\ of a farm of 67J acres be divided into 63 village lots, what part of an
acre will each lot contain ?
8. 1760 bushels of wheat, 2100 bushels of barley, 2758 bushels of oats, and
696 bushels of beans were put into sacks ; those for the wheat contained each
2J bushels, for the barley 2 bushels, for the oats 2J bushels, and for the
beans 1 bushels. How many sacks in all were required ?
60
DIVISION OF FRACTIONS.
219. To Divide a Fraction by a Fraction.
Example. — Divide  by 4.
Operation.
i 4 times 4
or
( iof4
=^^
4 =
Explanation. — Thedivisor, i, is equal to 4 times ,
or ! of 4. Appl3ing the explanation of Art. 213, and
dividing the dividend, : , by 4, gives /o as a quotient ;
but since tlie given divisor was 1 of 4, and the divisor
used was 4, a number 7 times too great, ^^j, the quotient
obtained, is 7 times too small; to correct this error
multiplj' /j by 7, obtaining f J as an answer. Ob
serve that 21 (the numerator of the quotient), i»
obUiined by multiplying the numerator of the divid
end by the denominator of the divisor, and that 20 (the denominator of the quotient), is
obtained by multiplying the denominator of the dividend by the numerator of the divisor, or
by effecting a cross multiplication as shown by the connecting or tracing lines in the operation.
Rules. — 1. Multiply the numerator of the dividend hy the denomina
tor of the divisor for the numerator of the quotient, and multiply the
denoniinator of the dividend hy the numerator of the divisor for the
denominator of the quotient; Or,
2. Invert the terms of the divisor and proceed as in multi plication of
fractions.
Remark. — Reduce mixed numbers to improper fractions before applying the rule.
• KXAMPLKS FOK MKNTAI., PKAOTK'K.
220. Divide
1. f bv .
2. byf.
S. fbyf
4. ibyf.
5 i by f .
6. ^jbyf.
7. ^byi^.
8 iVbyf
^ iibyf.
10. byi
11. fbyii.
12. Ibyf.
IS.
u.
15.
16.
\i by 4.
^ by W.
Hbyi
H by .
221. Divide
KXAMPLKS nm. w
KITTKN PKACTICK.
1 HbyH
2 liby^f
3 iVVbyT^
4. Hbyif.
•^ fUbyii
6 HbyW
7. Hiibyff
S. IfbyV.^ 1
9. VjO by Yi.
10. y> hi I
11' iVbyV
12. HbySV
IS.
U
15.
16.
V by A
U by 1?.
Hbyi
It by ■^^.
17. If 11 boy earns ^ of a dollar in a day, how long will it take him to earn $15f ?
18. How many fields of Oi; acres each can be made from a farm containing
125 1 acres ?
19. If a wlieelman runs 93 miles jter day, bow long time will he require to run
1167^ miles?
20. If 12 J acres produce 982^ l)ii. of corn, how many bu. will 15^ acres produce?
21. If ten men cut 1324^ cords of wood in six days, how many cords can eighteen
men cut in twentyone days ?
22. If a man bought 1150J bushels of wlieat with f of his money, how many
bushels could he have bought had all his money been invested ?
23. After traveling ^ of the distance between two cities, a pedestrian finds
that there are 1014 miles still before him. How far ai)art are the cities ?
COMPLEX FRACTIONS. 61
COMPLEX FRACTIONS.
222. A fraction is complex when either or both of its terms are fractional.
' Thus  is a complex fraction and is read 5 ^ f ; it indicates that 5 is to be
I" 5 2
divided by f .  is read  ^ 8 and indicates what is thus expressed. ~ is read
^ = 1^ and indicates Avhat is thus expressed.
Remark. — The entire subject of complex fractions will, ou account of its lack of practical
value, be dismissed with the full illustration of one example of each of two forms.
I
Example 1. — What is the value of ?
"t
3
Operation:  =   f =:  x  = ti = ^tV
Example 2. — Wliat is the value of ."'
of ^ * ■^'
Operation: ^.^^ = ( x V)  (i^ X fi)   X ^ X ^ X ^ = U^^^,
i of i u
MISCELLANEOUS EXAMPLES IN FRACTIONS.
223. 1. From the sum of f and 5, take the difference betweeji 17^ and 21.
^. How much will remain after the product of f , j^, 2, ^^, and 3f is taken
from 10.
3. Divide into six equal parts the product of ll^V multiplied by 3.
4. Find the remainder after subtracting the product of 3f, f, 7, 5, f , and
1, from the product of 3, f, f , 7, f, 5, f, and 14.
5. An estate is so divided among A, B, and C, that A gets , B j^^, and C the
remainder, which Avas 14200. What was the amount of the estate ?
6. My bank deposit is $5605, which is 4^ times the amount in my purse.
How much money have I in all ?
7. If 14 bu. of apples can be bought for $3^, how many bushels can be bought
for $!f ?
8. A woman having $1, gave f of it for coffee at 33^^ i)er pound. How many
pounds did she buy ?
9. Having bought f of a ship, I sold  of my share for $12000. What wjis
the value of the ship at that rate ?
10. If the ingredients are ^ sulphur, ^l. saltpeter, and  charcoal, what
is the number of pounds of each, in 2154y\ pounds of guni)0wder ?
IJ. AVhat must be the amount of an estate whic^h, if divided into three ])arts,
the first Avill be double the second, the second double the tliird, and the differ
ence between the second and the third be $7500 ?
12. Having paid $115 for a watch and chain, I discover that the cost of the
chain was only ^ of the cost of the watch. What was the cost of each ?
62 MISCELLAXEOUS EXAMPLES IX FKACTIOXS.
13. I gave two 20(l()llar gold coins to :i dealer, of whom I bouglit 2 cords
of wood at 5f dollars per cord, and 3} tons of coal at G dollars per ton. ITow
much change should I have received.
H. A and B, working equally, can mow a meadow in 10 days of 9 hours per
day. In how many days of 12 hours can A alone do the work ?
15. An estate valued at ^1200()0 was so distributed that A received ^j B ^
of the estate more than A, C as much as A and B together less $6000, and two
charities the remainder in equal j)arts. IIow much did each charity receive ?
16. Brown owned ^ of a stock of goods, ^ of wliicli Avas destroyed hy fire and
^ of the remainder so damaged by water that it was sold at half its cost. If the
uninjured goods when sold at cost brought $10800, what must have been tlie
amount of Brown's loss ?
17. A grocer bought a cask of molasses containing 65^ gal., from which he sold
at one time ^ of it, at another \ of it, at anotlier 5 gal. less than \ of what
remained, and the remainder was sold with the cask for 'Z0\ dollars. If the vahie
of the cask was one dollar, at what jirice per gallon was the last sale made?
18. A i^ainter worked 17^ days, and after expending ^ of his wages for board,
had $15 left. How much did he earn per day ?
19. A farmer having G50 bu. of wheat, kept for his own use 52f bu. less than
\, sold to his neighbors for seed 454 bu. more than ^, and marketed the remain
der at 80^ per bushel. How much money was received from the market sales ?
20. Of a journey of KiO miles, a walker accomplished + of the distance the
first day, \, less 15f miles, the second day, r^, plus 4 miles, the third day, and
finished his journey on the two following days by traveling fifteen hours each
day. Wliat must luive been his average distance per hour for those two days ?
21. A mechanic worked 21 1 days, and after paying his board with f of his
earnings, had 66 dollars left. How much did he earn per day ?
22. So place a sum of money that \ of it shall be in the first package, f in the
second, ^^ in the third, and the remainder, which is $550, in the fourth package.
What amount of money will be required ?
23. If ^ the trees of an orchard are ai)ple, \ peach, ^ pear, ^ plum, and the
remaining 21 trees cherry, how many trees in all ?
2J^. John's weight is f as much as mine, and Ben's is ^ of Jolm's. What is
my weight if John is 15 pounds heavier than Ben ?
25. If 12 boys earn $54 in a week, how much will 15 boys earn in the same
time at the same rate ?
26. A, B, and C rented a i)asture for $37. A put in 3 cows for 4 montlis, B,
5 for fi months, and C, 8 for 4 months. How much ought each to pay ?
27. Henry, when asked liis age, replied, " If 7^ years be added to 13^^ years,
the sum will represent ^ of my age." How old was he ?
28. Silas, Harvey, and Eobert have together $2210. Silas has 2^ times as
much as Harvey, who has  as much as I\()l)ert. How many dollars has each ?
29. Theodore's age is 7^ years, and Herbert's 9g years ; three times the sum
of their ages is 8 years more than the age of their mother, who is 5^ years
younger than their father. What is the united age of the parents ?
MISCELLANEOUS EXAMPLES IN' FHAf'TIOXS. 63
30. A farmer sold two cows for 175, receiving for one only \ as much as for
the other. What was the price of each ?
31. After selling 45 turkeys, a dealer had a of his stock remaining. IIow
many had he at first ?
32. If 8 horses consume 4^ bushels of oats in 34 days, how many bushels will
12 horses consume in the same time ?
33. A and B can do a piece of work in 10 days, which A alone can do in 18
days. In what time can B alone do the work ?
3Ji.. John and Calvin have agreed to build a wall for $(80. If Calvin can
work only \ as fast as John, how shall the money be divided ?
35. A flagstaff stands \\ of its length above and 74 ft. below the surface of
the ground. "What is the length of the staff ?
36. What is the length of a pole that stands f in the mud, % in the water, and
254 feet above the Avater ?
37. A colt and cow cost $124. If the colt cost $4 more than tliree times the
cost of the cow, what was the cost of each ?
38. What is the hour Avhen the time jjast noon equals 4 of the time to mid
night ?
39. A tree 84 ft. high was so broken in a storm that the part standing was f
the length of the part broken. How many feet were standing ?
JiO. A farmer has \ of his sheep in one pasture, f in another, and the remain
der of his flock, 72 sheep, in the third i:)asture. How many sheep had he ?
J^l. For a horse and carriage I paid $540. What was the cost of each, if the
cost of the carriage was 1^ times the cost of the horse ?
JfS Calvin is 84 years old, Leo %\ years less than three times as old as Cal
vin, and John's age is 3 years more than the sum of the ages of Calvin and Leo.
What is John's age ?
JfS. Peter can do a piece of work in 12 days and Charles in 15 days. How
many days will be required for its completion, if both join in the work ?
44 Tf A can do a i)iece of work in 21 days, B in 18 days, and C in 15 days,
in how many days can the three working together iierform the work ?
Remark. — In the above and similar examples, reason in general as follows: If A can build a
wall in 4 days, lie can build \ of it in 1 day; and if B can build the same wall in 5 days, he can
build \ of it in 1 day. Since in 1 day A can build \ of the wall, and B ! of it, the two can, if
they work together, build in 1 day the sum of \ and \ or vV of it; and since they can together
do ^Q in 1 day, it will take them as many days to do the whole work, or 1%, as 4^ is contained
times in f g, or 2.
Jf5 John and his father have joint work, which they can do Avorking together
in 25 days. If it require 60 days for John working alone to complete the work,
how many days will it require for the father to complete it ?
Jfi A man and boy can in 16 days complete a job that can be done by the man
alone in 21 days. How long would it take the boy alone to complete the work?
J^!. Smith said to Brown, " f of my money is equal to \ of yours, and the
difference between your money and mine is $30." How much money had each?
JfS. Izaak Walton having lost  of his trolling line, added 65 ft., when he
found it was just  of its original length. What was its length at first ?
64 MISCELLANEOUS EXAMPLES IN' FRACTIONS.
^9. A cistern sprung a leak by which  of its contents ran out, but during
the same time f as much ran in. What part of the cistern was filled ?
50. A dog pursuing a rabbit which has 32 rods the start, runs 11 rods while
the rabbit runs but 9. How far must the dog run before he can overtake the
rabbit ?
51. A cistern has two faucets, by the larger of which it can be emptied in 24
minutes, and by the smaller in 36 minutes. If both be opened at once, what
length of time will be required to empty the cistern ?
52. Ben and John bought a cocoanut for 8 cents, of which Ben paid 5^ and
John df. Henry offered 8(^ for onethird of the cocoanut, which offer was
accepted, each taking and eating onethird of it. How should Ben and John
divide the 8^ received from Henry ?
53. There are 108 bu. of corn in two bins, and in one of tlie bins there are 12
"bushels less than onehalf as many bushels as in the other. How many bushels
in each ?
5^ At what time between one and two o'clock will the hour and minute hands
of a clock be together ?
55. At what time between 6 and T ?
56. At what time between 9 and 10 ?
57. At what time between 10 and 11 ?
58. Nick bought a basket of oranges at the rate of 3 for 2 cents, and gained
■60^ by selling them at the rate of 2 for 3 cents. How many oranges did he buy?
59. If vou buv GO lemons at the rate of 6 for 10 cents, and twice as manv more
at the rate of 5 for 8 cents, and sell the entire lot at the rate of 3 for 4 cents,
■will you gain or lose, and how much ?
60. So divide $15,000 among A, B, C, and D, that their portions shaU be to
€ach other as 1, 2, 3, and 4. What is the j)urtion of each.
61. I wish to line the carjiet of a room that is 74^ yd. long and 5f yd. wide,
with duck f of a yd. wide. How many yards of duck will be required if it
shrink ^ in length and ^ in width ?
62. A and B are engaged to perform a certain work for $35 j^y. It is sup
posed that A does \ more work than B, and they are to be paid proportionally.
How much should each receive ?
63. A tank has an inlet by which it can be filled in 10 hours, and an outlet by
which when filled it can be emptied in 6 hours. If both inlet and outlet be
opened when the tank is full, in what time will it be emi)tied ?
6Jf. A cistern has two faucets, by the larger of which its contents may be
emptied in 12 minutes and by the smaller in 15 minutes; the cistern being full,
the smaller faucet is left ojien for G minutes, after which both are opened. How
long before the cistern will be emptied ?
65. A man being asked his age replied, " My mother was born in 1800 and my
father in 1801 ; the sum of their ages at the time of my birth was two and one
third times my age in 1846." How old was the man in 1880 ?
66. Tiiree men dig a well for i3G. A and B working together do ^ of the
work, B and C f of the work, and A and C  of the work. How should the
mouev be divided ?
MISCELLANEOUS EXAMPLES IN FRACTIONS. 65
67. Brown and Smith have joint work for 16 days. In any given time Brown
^oes only  as much work as Smith. How many days would each working alone
require to complete the work ? If they work together, how should the 145 paid
for the Avork be divided ?
68. Coe, Hall, Tell, and Lee have a contract to dig a ditch which Coe can dig
in 35 days. Hall in 45 days, Tell in 50 days, and Lee in 60 days. How lono
will it take all together to do the work ? If $100 be paid for the work and all
join till it is completed, how much should each get ?
69. A and B have joint work for 21 days, but B can in a day do only f as
much as A; after B has worked alone for 3 days and A for 5 days, they unite
and complete the work. How many days will they require ? If fi75 be paid
ior the work, what part of it should each receive ?
70. An estate was left to A, B, and C, so that A's part was ^ of the whole
increased by a sum equal to ^ of C's part; B's was J of the whole increased by a
.sum equal to ^ of C's part; and to C was given the remainder, which was 1700
less than B's share. What was the value of the estate and of each one's share ?
71. Hill, Mann, and Benton have joint work for 36 days, for which they are to
Teceive $200, If Hill can do only  as much as Mann, and Benton does twice as
much as Mann, in how many days could each working alone complete the work?
72. How long would it take Hill and Mann ?
7S. How long would it take Hill and Benton ?
74. How long would it take Mann and Benton ?
75. If all work together until the job is completed, how should the money
be divided ?
76. A, B, C, and D, having joint work for 30 days, A begins and works alone
ior 2 days, when he is joined by B; after the two have worked together for 3
"days, they are joined by C; the three work together for 4 days, when D joins
them, and all working together complete the work. If A can do but \ as much
as D, B f as much as A, and C ^q as much as B, how long would each alone
require to do the entire work.
77. How long would it take A and B ; A and C ; A and D ?
78. How long would it take A, B, and C ; A, C, and D ; B, C, and D ?'
79. How long after D began did it take for all to do it ?
80. If $300 was paid for the work and the men worked according to conditions
^iven in Example 76, how should the money be divided ?
fl6 DECIMALS.
DECIMALS.
*2*24. A Decimal Fraction or a Decimal is u fraction having for its
denominator ten or some power of ten ; as 10, 100, 1000, 10000. It expresses
one or more of the decimal divisions of a unit.
225. Decimals mav be expressed in the same form as common fractions; that
is, with the denominator written. Practically, liowever, this is never done.
Remark. — The two points of difference between common and decimal fractions are,
1 . The denominator of a common fraction is always written, while that of a decimal is only
indicated.
2. The denominator of a common fraction may be any number, while that of a decimal
must be 10 or some power of 10.
226. The Decimal Point ( . ) is a period, and is used to limit the value of
of a decimal expression, and to determine the denominator; in this latter rela
tion it takes the place of the unit 1 of the denominator when fully written; as,
in the decimal expression .3. read 3 tenths, the decimal point considered as 1
and placed before a cipher, represents the order of its units, and shows that the
indicated denominator is 10.
Remark — When the decimal point is used to separate the integral from the fractional part
in mixed decimals, or dollars and cents in decimal currency, it is called a separatrix.
227. Decimals are either j^/wre or mixed.
228. A Pure Decimal corresponds to a proper fraction, the value being
less than the unit 1 ; as, .3, .17, .206, .5191.
A Mixed Decimal corresponds to an improper fraction, the value being
greater than the unit 1 ; as, 17.4, 5.192, 32.301:.
229. The Talue of a Decimal is computed from the decimal poiiit, and
the orders have the same scale as integers. A removal of the decimal point one
place to the right, multiplies the expression ])y ten ; removing it two places, by
100 ; three places, by 1000, and so on. A removal of the decimal ])oint one
place to the left, divides the expression by 10 : iico places, by 100 ; three places,
by 1000, and so on.
230. From the above it will be observed that if a cipher be placed between
the numerical expression of the decimal and the point, the expression being
thereby removed one place further from the point, will be divided by 10.
But as the value of the decimal expression is com])utccl from the point to the
right, it follows that one or more ciphers, placed after the decimal, will not alter
its value. ^ is expressed decimally .3 ; a cipher annexed to the decimal gives
.30 = ^j; tiro ciphers annexed gives .300 = t%VV
By this it will be observed that the expressions, though unlike in form are of
equal value. Each of the expressions .5, .50, .500, .5000, .50000, .500000, is
equal to ^.
XUMERATIOX OF DKCIMALS. 67
231. Principles. — 1. Decimals increase in value from right to left, and
decrease from left to right, in a tenfold ratio.
2. A decimal shotdd contain as many jjlaces as there would be ciphers in
its denominator if ivritten, the decimal point representing the unit 1 of such
denominator.
S. The value of any decimal figure depends upon its jjlace from the decimal
point.
Jf. Prefixing a cipher to a decimal decreases its value the same as dividing it
by ten.
5. Annexing one or 7nore ciphers to a decimal does not alter its value.
NUMERATION OF DECIMALS.
232. For Notation and Numeration of Decimals we begin witli the
decimal point as a simple separatrix ; in the integral expression the first i)lacc to
the left is units (corresponding to the decimal point in tlie decimal expression),
the 2d tens, the 3d hundreds, etc., while from the separatrix to the right we
have in order (the j^oint standing for units), tenths, hundredths, thousandths, etc.
233. The Order of a Decimal may he found by numerating either from
right to left or from left to right, only let it be remembered that the decimal
point stands in the position of the unit 1 of the decimal denominator.
The order of a decimal may usually be determined by inspection, if the fact
to be drawn from the following illustration be observed. If .35 be numerated
from the right as in integers, the point is in Inindreds place; hence, read 35
hundredths; in .1403 the point is in tenthousands' jilace, read 14G3 tenthous
andths; in .014065 the point is in millions place, and is read 14065 millionths
234. The value of a decimal may be determined by the same numeration as
that employed in integers.
The relation of orders in a mixixl decimal is clearly shown by the following
Table.
a
.9
a
03
§
i
o
5
O
3
cc
ttH
3
«>
fl
5
O
o
O
X
'I
m
H
to
s
32
^
00
.a
V
«».
o
£
ti
OJ
<)
t^
o
u
O
rjl
u
73
3D
a
a
3
a
o
13
a
3
s
'o
o
Q
3
43
^
^'
■a
_£J
^
T3
'd
Xfi
03
'O ■
•C!
Oi
OO
I
S
iO
■^
eo
c*
<N
eo
1
I
1
1
1
1
1
I
\
•
T
1
1
ts 9 a
HO?
o ^ e
e' K s E s
^ .a ^ ^' ja ja
O «C l^ 30
1111
The Integral Part. The Fractional Part.
The above number is read 111 million 111 thousand 111, and 11 million 111
thousand 111 hundredmillionths.
Remark.— It is belter, in reading mixed decimals, to connect the integral and fractional
parts by and; as, 2.5 read 2 and 5 tenths; 17.016, 17 and 16 thousandths.
68
NOTATION OP DECIMALS.
Rule. — I. Numerate from the decirtvaJ point, to determine the denom
inator.
II. Read the decimal as a ulwle iiiunber, and give to it the denom/
ination of the righthand figure.
EXAMI'LES rOR PKACTICE.
235. 1. Read .297, .1471, .20442, .56007.
2
Read .105, .6931, .214698, .40037
55.
3.
Read. 19005, .3050408, .690004003.
4.
Read .2, .20, .200, .2000, .20000, .200000.
5.
Read 18.3, 29.75, 460.215, 80.03465.
6.
Read 270.01, 5960.030506, 8205.506007
7.
Read 10002.200001, 38960041.10008634]
L.
8.
Read 27000.000027, 8100081. 810000S1.
9.
Read 1001001.1000100001, 9003009. 000009.
10.
Read 39864125.86954769, 919101.01919
11.
Read 50000000.00000050, 1000.1000.
12.
Read 123456.10203040506, 801.00801.
13.
Read 46000046.004600046.
u.
Read 37538651.0352615093.
15.
Read 45316255.83715632650.
236. Read the following decimals:
1.
.206.
9. 5320.008641.
17.
2000.00020002.
2.
1.423.
10. 6000.58302.
18.
564636.002616.
3.
7.005.
11. 9001.00901.
19.
202020.20202.
Jh
19.1103£
1.
12. 340006.583.
20.
21212121.51210021.
5.
170.2092
t.
13. 75075.07507.
21.
30560078.0124861.
6.
1050.0501.
U. 560.00020201.
22.
503760.2000463.
7.
300.003.
lo. 53200.56931.
23.
37564.03060507.
8.
1000.0001.
16. 214600.086005.
2Jh
10023580021. 1809010724.
NOTATION OF DECIMALS.
237. The doubt which often arises in the mind of the pupil as to hoiu a
decimal should be written, may be entirely dispelled by keeping in mind the
following facts:
1st. That they are fractions.
2nd. That both terms should be written or indicated.
3rd. That the denominator of any decimal (if written) would be 1, with as
many ciphers to the right as the decimal contains places.
4th. "When the numerator (or decimal) does not contain as many places as
the denominator (if written) would contain ciphers, prefix ciphers to make the
number of places equal.
NOTATION OF DECIMALS. 69
Example. — "Write as a decimal threetenths.
Explanation. — Observe that in writing threetenths as a common fraction, the mental
operation is as follows: after writing 3, the numerator, you ask yourself 3 ichat? the answer
is, 3 tenths; then the ten is written below as a denominator, thus obtaining ^%. Now reason in
the same way regarding the decimal, and after writing 3, the numerator, ask yourself 3 whatf
and answer, 3 tenths; and indicate it by placing before the three, a decimal poin^l, which rep
resents the 1 of the decimal denominator; notice that the 3 occupies one place corresponding
to the one cipher in the denominator.
Again, express decimally 416 thousandths.
Explanation. — Write the 416 and ask tphat? answer, thousandths, which is determined by
numerating from the right; units, tenths, hundredths, and (the point answering to the figure 1
of the denominator) thousandths; then place the point.
Remark. — By extending and developing this method of writing decimals, the pupil can in a
few minutes master the entire matter, so that he can write any decimal as readily and with as
great certainty as if it were a whole nlimber.
Rule. — I. Wi'ite the decimal the same as a whole number, prefixing
ciphers when necessary, to give to each figure its true local value.
II. Place the decimal point hefore the lefthand figure of the decimal.
EXAMPLES EOK PRACTICE.
238. Express by figures the following decimals:
1. Twentysix thousandths.
2. Twentyseven hundredths
3. Sixteen tenthousandths.
Jf.. Four hundredths.
5: TwentytAvo hundredthousandths.
6. Five and seven tenths.
7. Eightythree and five hundred four tenthousandths.
8. Seven hundred ten and two hundred fortythree hundred thousandths.
9. Five hundred and five hundredths.
10. Fortyfive and fortysix thousandths.
11. One thousand one and one hundred tenthousandths.
12. One thousand eight hundred ninety and ninety thousandths.
IS. Eight hundred fifty and five hundredths.
lit. Ten hundred and ten hundredths.
ADDITIONAL, EXERCISES.
239. Write as decimals
Eleven and one hundred seven thousandths.
Fifteen and fourteen tenthousandths.
Seven hundred twentysix millionths.
Eleven hundred six and twelve tenthousandths.
Sixteen hundred and sixteen hundredths.
Ten million and ten millionths.
Three hundred and sixtyfive hundredths.
70
REDUCTION OF DECIMALS.
8.
9.
10.
11.
12.
13.
U.
I'k
16.
17.
18.
19.
20.
21.
22
23.
25.
26.
27.
28.
29.
Twentyfive thousand four liundred and eleven liundredths.
Twentyone and fifteen thousand fifteen tenmillionths.
Eighteen tliousand eighteen ten billionths.
Five hundred thousandths.
Five hundredthousandths.
Xine hundred millionths.
Nine hundredmillionths.
Fiftyfour million, fiftyfour thousand, fiftyfour and fiftyfour million
fifty thousand fiftyfour tenbillionths.
One hundred three thousand five hundred eightyseven tliousandths.
Sixtyfour thousand sixtyfour hundredths.
Two million six hundred four thousand two hundredthousandths.
Xine billion nineteen million twentynine thousand thirtynine
millionths.
Seventyseven tenths.
Eightyseven thousand one hundredths.
Four hundred seventynine million twenty seven thousand four and
ninetynine thousand four teubillionths.
Seventy trillion and seven trillionths.
Eleven hundred and eleven tenthousandths.
Three thousand one billionths.
One thousand three millionths.
One hundredthousand eleven tenmillionths.
Six hundred five hundredmillionths.
Eiorhteen hundred uinetv and eighteen hundred ninety hundredbillionths.
240. Write as decimals the following
"• 1 0000 ou" ''
'• 100000'
"• 1 oooo ■
9 6 641^9 5
"^^ 1000
^0. W^oWo
7 »5
*• 10 0*
*'• 100(57
■*• 100*
12.
IS.
U.
15.
3325481
100
15 15
100 00 •
16.
17.
18.
19.
20.
3SI00OB7
looooooooo
2 19J.fiJl080 1
10000
1 1 0.1 1.0 01 I
100000 ■
REDUCTION OF DECIMALS.
241. To Reduce Decimals to a Common Denominator.
Example 1.— Keduce .021, .61, .03705, .5, .172:2538, to equivalent decimals
having the least common denominator.
OPERATION.
Explanation. — Since the decimal having the greatest number of decimal
. JviOUOOO places j^ hundredmillionths its denominator is the least common denominator
. 64000000 of the given expressions; this highest decimal contains 8 places, and by adding 5
.03705000 places, or ciphers, to the first, 6 to the second, 3 to the third, and 7 to the fourth.
.50000000 a^^ "ire reduced to 8 places, or to hundredmillionths, which is the least common
.17272538 denominator of the given expressions.
REDUCTION OF DECIMALS. 71
Rule. By annexing ciphers make the number of decimal places equal.
Remarks— 1. Decimals, like other fractions, can be neither added nor subtracted until reduced
to a common denominator; but the scale in decimals being in the uniform ratio of ten, it is only
necessary to write decimals for addition or subtraction so that the decimal points are in the
«ame vertical line ; the columns will then be of the same orders of units ; in other words the
decimals will be practically reduced to a common denominator.
2. The denominator of that expression containing the highest number of places is the least
common denominator of the decimals; therefore the least common denominator may in all cases
be determined by inspection, and decimals reduced to their least common denominator by
simply supplying decimal ciphers until all have the same number of places.
3. In practice, however, this is never done, being rendered unnecessary by observing to
write decimals so that the points stand under each other.
Example 2. — Reduce .7, .23, .187G5, and .175 to a common denominator.
Operation. Explanation. — As shown in the preceding operation, the effect of reducing
. 7 decimals to a common denominator by annexing ciphers, is to cause the decimal
.23 points to fall in the same vertical column. Since annexing ciphers to decimals
.18765 does not alter their value, omit the ciphers and write the decimals so that the
ji*'^ points are in the same vertical column.
Rule. — Write the expressions so that the decimal points icill stand in
the same vertical line.
Remark. — This Rule applies equally to Pure and to Mixed Decimals.
EXAMPL.ES FOR I'KACTICE.
242. 1. Eeduce .26, .423, 7.05, .56931 to their least common denominator.
2. Reduce 21.18, .20463, 4636.02 to their least common denominator.
3. Reduce 56 hundredths, 75 millionths, 3 tenths, and 41 thousandths to their
least common denominator.
Jf. Reduce 2.36, .0005, .1, .62053, and 15.2 to their least common denom
inator.
5. Reduce 19.0043, 3.87, 38.7 and .387 to their least common denominator.
243. To Reduce Decimals to Common Fractions.
It has aheady been demonstrated
1st. That Decimals are fractions.
2d. That their denominators are merely indicated, and that tlie denominator
may be ex})rcssed by writing 1, with as many ciphers at its right as the decimal
contains places.
Example. — Reduce .17 to a common fraction.
Operation. Explanation.— Since the decimal contains two places, its indicated denom
. .17 = 3^0^. inator must be 100.
Rule. — Omit the decimal point and ivrite for a denominator 1 with
as many ciphers as the decimal contains places.
Remark. — Mixed Decimals may be reduced in a similar manner.
72
CIKCULATING DECIMALS.
KXAMPLES FOR PRACTICE.
244. — Reduce to fractions in their lowest terms
1.
.3
5.
.4625
9.
.42504
13.
.114608
2.
.63
6.
.2244
10.
.28828
U
.315264
S.
.105
7.
.18T8
11.
.08004
15.
.2000534
4^
.372
8.
.1900
12.
.24042
16.
.983004752
Reduce to an ordinary mixed number
17. 5.16 j 20. 3005.1258
18. 13.205 j 21. 1600.0016
19. 117.602 I 22. 1000000.00000001
245. To Reduce a Common Fraction to a Decimal.
23. 1234500.0012345
2^. 6540000.0002697
25. 188900.0000188a
Example. — Reduce  to an equivalent decimal.
First Operation. Explaxatiox. — From the definition of decimals, observe that the
 X ^ = "iV ^= .6. denominator must be 10 or some power of 10, and that f may be
reduced to a fraction the denominator of which is 10 hy multiplying both its terms by 2. To
change this fraction to an equivalent decimal, omit the denominator, and place a decimal point
before the numerator.
Second Operation.
5)3.0
,6
Explanation. — Place a decimal point and cipher after the num
erator 3. This does not alter its value, though in form it becomes
3.0 = thirty tenths; and since this numerator is a dividend and the
divisor is 5, divide 3.0 (thirtytenths) by 5, and obtain .6 (sixtenths), as
a result, an equivalent in decimal form as required.
Rule. — Place a deciTnaZ point and ciphers at the right of the numerator ^
divide hy the d en ami n at or, and from the right of the quotient point off for
decimals as many places as there have heeii ciphers annexed.
examples for practice.
246. Reduce to equivalent decimals
i' tV
^ H
11.
H
16.
H
21.
ii'
2. H
'• ^•
12.
■h
17.
M
22.
TOT
s. H
8. i.
13.
eld
18.
2?(T
23.
T2T
^ h
5. tI..
U
\h
19.
il\
24.
n
^. «.
10. tAu.
15.
Taloo
20.
^'
25.
An
CIRCULATING DECIMALS.
247. Certain common fractions, as ^, i, , and fi cannot be reduced to an
equivalent decimal, because the denominator (divisor) is not an exact divisor of
any power of 10. Sucli expressions cannot be reduced to exact decimal forms,
and are termed repeating, or circulating decimals ; if used in the decimal form
they are followed by the sign + to indicate inexactness. The repeated part is
called a repetend ; as, .3333+ is called the repetend 3 ; .171717+ is called the
repetend 17 ; .206206+ is called the repetend 206.
ADDITION OF DECIMALS. 73
248. To Express the Exact Value of a Repetend.
The exact value of any repetend is a common fraction, the numerator of
which is the rej^etend and the denominator as many 9's as the repetend contains
places; thus .333+ = . .171717+ = ^f .206206+ = of.
Rule. — TaJce the repetend for the numerator of a common fraction, <ind
for its denominator ivin,te as many 9's as the repetend has orders uf units,
EXAMPLES FOR PKACTICE.
249. Express the exact value of the following repetends
1. .2222 +
2. .7777+
3. .232323 +
4. .105105105 +
5. .613613613 +
6. .201120112011 +
RsaiARKS.— 1. Limiting marks are sometimes used ; as, 234234 ; they are, however, of no
importance.
2. In business, final results are carried to three places, the fourth being rejected if less than
onehalf, but if onehalf or more than onehalf, 1 is added.
3. In interest rates or other multipliers, it is generally safest to use a common fractional
equivalent.
ADDITION OF DECIMALS.
250. Example.— Add .7, 2.43, .865, 11.5, 113.2075, and 200.00165.
Operation.
Explanation.— Since by the decimal system numbers increase ia
.7
" Rfis; ^^ °™ "S^* *^ '^^^^ ^° tenfold ratio, and the decimal point
separates integral from fractional orders, observe to write decimals
so that the x>oints fall in the same vertical line, as units of the same
order will thus fall in the same column; the result of the addition is
then obtained in the same manner as in simple numbers.
11.5
113.2075
200.00165
328.70415
Remark.— As before shown, the decimals added could be reduced to a common denomina
tor, but this being practically accomplished by the order in which they are written, the actual
reduction by supplying ciphers is entirely unnecessary.
Rule.— TFri^e the decimals so that the points luill fall in the same
vertical line. Add as in whole numbers, and place the point in the sum,
directly helow the points in the numhers added.
EXAMPLES FOR PKACTICE.
251. 1. Add 4, .37, 2.46, 19.301, and 103.21.
2. Add 3.04, 25.001, .67, .2146, and 819.256.
S. Add 30.1257, 605.2146, 1000.864532, and 16.25694.
J^. Add 896.111, 9530.216753, 1111.230004, and 1100.960005.
5. Add 265.4203, 1129.000111, 8.005, .0060008, and 1200.12000014.
6. Add 8046.0012, 250.0000001, 311.00555, and 81.0081001.
7. Add 11000.4604, 7652.0000004, 5000.500005, and 365.50053004.
74
ADDITION OF DECIMALS.
8. Add 14.0000864, .0096, 250.4, 700.0007, lUOO. 00000001, 563.3001468,
20.2001, 10000.001001 and 896.707075.
9. Find the sura of seventeen and fortysix tenthousandths, eightythree
and one tliousund four millionths, five hundred two and seventyfive hundred
tliousandths, three thousand eleven and three hundred eleven thousandtlis, one
million six and six million one tenthousandths.
10. Add fiftysix thousand twelve and one thousand twenty millionths, six
and ninetyseven million five billionths, one thousand five hundred seventynine
and twentysix thousand twentyone hundredthousandths.
11. Add one and one thousandths, ten and eleven hundredthousandths, one
hundred ten and nine milliontlis, eleven hundred eleven and ninetynine
billionths, one thousand eight hundred ninety and ninetyseven hundred
billionths, seven millions and seven hundredthousandths.
12. A farmer having 315.625 acres of land, added at different times by pur
chase, 505.85 acres, 115.75 acres, 469.2 acres and 220.9 acres, llow many acres
had he in all ?
13. "What is the sum of 16.5 acres, 21.125 acres, 86.06;'5 acres 111.45 acres,
216.05 acres, 37^ acres, 426^^ acres, 80f acres, and 13/^ acres ?
IJf. What is the number of bushels in ten bins of 93.625 bu., 111.025 bu.,
306.005 bu., 81J bu., 193 bu., 200f bu., 300.0625 bu., 125^ bu., 250i bu., and
136^"^ bu. respectively ?
15. I bought ten bales of cloth as follows : 32J, 41, 395!^, 46J, 29^, 38^^,
431, 415^, 42^, and 40.625 yd. respectively. How many yards in my purchase?
Resiark. — In invoices of goods only fourths are usually counted, and these are written as
follows : 3' = 3, 15 ' — \iS^, 12 = 12f . By the omission of the denominator time is saved.
In additions, tind the sum of the small figures first as so many fourths, reduce to units and
carry as in other addition.
, 16. Add 21', 54=, 17', 30', 46', 61% 80', 39% and 24\
17. Add 121', 97S 46% 111% 43, 71% 86% 50', 103% 72', 71% and 50.
252. To Add Repetends.
Remark. — In addition of repetends, bear in mind their equivalents; thus, in adding .6j
to .3 { remember that the value of the first is J, and of the second J; their sum is %, or 1. In
all examples in addition of repetends, before beginning the operation, continue the repetends so
that all have the same number of places, and in the righthand column add each 9 as 10
253. Add
. 333333 f
.171717 +
.306306 +
EXAMPLES FOK I'KACTICE.
.811357 +
.11111 +
.<«(«< +
.^46207'
.55555 +
.33333 +
.2222 +
.3333 +
.8787+
.0101 +
.3467 +
.561561561 +
.202202202 +
.333333333 +
.'504300542'
.306306306 +
5. Find the sum of the following expressions: 105.333 +, 86.1919+,
53.103103+, 17.66+, 204.77+, 29.11+, 815.201201+ and 73.11081108 +.
6. Add .66 +, 1.2121 +, 50.55 r, 89.99 +, 2046.33 +, 38.22 +, 106.77 + ,
1593.44 +, 11.230230 +, 528.60916091 + and 1102.300300 +.
MULTIPLICATION OF DECIMALS.
75
SUBTRACTION OF DECIMALS.
254. Example. — Subtract .17 from .50.
Operation.
gg Explanation.— For reasons heretofore explained, place the subtrahend
below the minuend, so that the decimal points shall fall in the same vertical
• ^ ' line. Subtract as in simple numbers, and place the paint in the remainder below
~ the points in the terms above.
.30
Remarks. — 1. In case the number of decimal places of the subtrahend be greater than
those of the minuend, consider decimal ciphers as annexed to the minuend, and subtract as
before.
2. Mixed decimals may be treated in the same manner.
Rule. — Write the terms in decimal order and suhti^act as in integers,
placing the point in the remainder heloiv the points in the other teinrvs.
EXAMPLES FOR PRACTICE,
255. Subtract
1. .573 from .985.
2. .13823 from .668.
3. .8627 from 1.549.
4. 1.232 from 6.7584.
5. .754352 from 2.3.
6. 46.2906 from 100.52.
7. 3491.5 from 4246.1005.
8. .0001 from 10000.1.
9.
10.
11.
24.6852 from 25.
280. Ill from 500.000625.
.09 from .900.
12. 250. 98754 from 386.245.
MULTIPLICATION OF DECIMALS.
256.
First Operation.
.17 =: j^''^y^ (Com. frac'l form.)
Example. — Multiply .17 by .5.
Explanation.
Write .17 as ^^^^ and .5 as ^^5, and apply
8i_ —
Too —
the rule for multiplication of common fractions. Multiplying
these fractional equivalents, obtain j^§g as the common frac
tional expression of the product; by Art. 245, this may be
085. written .085 as the decimal expression of the product, or the
product required.
Remark.— Observe that the denominator of the product is, as in other fractions, the product
of the denominators ; also that the denominator of the multiplicand contains tiro ciphers, or
two places, and that of the multiplier o?j6' cipher, or one place; these taken together contain
three ciphers, or three places, the same number of ciphers, or places, as are found in the
product. Then by applying the theories of decimals already explained, the expression is
changed to decimal form.
Explanation. — Write and multiply the expressions as in
whole numbers. Since the numerator is 17 hundredths and
the denominator 5 tenths, the product must be 85 thou
sandths. Hence, change the product 85 to 85 thousandths by
.085 prefixing a cipher and a decimal point, thus: .085.
'Rule,— Multiply as in whole numbers; then, from the right of the
product, point off for decimals a number of places etjual to the number
in both factors, prefixing ciphers if needed to obtain the rcffuired number.
Second Operation.
.17
.5
DIVISION OF DECIMALS.
KXAMPtES FOR PKACTICK
257. Multiply
.78 by .7.
.123 by .16.
1.45 by .875.
26.08 by 1.53
IS. 1000000 by .0000001
9.
10.
11.
13.
25000 by .000025.
8.76 by. 100.
716.0025 by 10.1006
7000 by .007.
3100000.0081 by 81.000034.
2085.109 by 11.256.
1000.87 by 4621.5.
10000 by. 0001.
.300 by. 03.
15. What will be the cost of 187.0625 acres of land at $108.08 per acre ?
16. I sold 14.4 bales of cloth of 61.625 yd. each, at $.60^ per yd. How
much did I receive ?
17. What will be the cost of 5. 75 cases of paper, the average weight of which
is 403.625 pounds, at $.40375 per pound ?
18. From 10.85 acres of wheat a farmer harvested 31.875 bushels per acre,
and sold his crop at $.9725 per bushel. How much was received for the crop ?
Remakks.— 1. The contraction of multiplication of decimals by restricting the number of
places to appear in the product, is not deemed of sulficient practical importance to justify
presentation.
2. As has been previously explained, decimal expressions, either pure or mixed, may be
multiplied by 10 or by any power of 10, by removing the point as many places to the right as
the multiplier contains ciphers. In such cases annex ciphers to the multiplicand if there is not
already a sufficient number of decimal places.
DIVISION OF DECIMALS.
258. Example.— Divide .085 by .17.
First Operation.
085 = nriTo'
Too —
1860
6
■nrrs^ It: — To— •^'
Second Operation.
.17). 085 (.5
85
00
Explanation.— Since .085 = y^^ and .17 = ^V, proceed
as in Division of Common Fractions ; that is, invert the
terms of the divisor and multiply.
Observe now, that cancelling 17 and 100 from opposite
terms of the fractional multiplicand and multiplier there is
left only the factor 5 for the numerator and the factor 10 for
the denominator of the quotient, or the fraction ^ = .5,
Explanation. — Divide as in whole numbers. The divid
end has 3 decimal places ; the divisor has 2 decimal places ;
the dividend having one more decimal place than the divisor,
point off one place from the right of the quotient.
Remark. — It will be seen from the first operation that the number of decimal places of the
divisor cancels, or offsets, the same number in the dividend. If the number of places in the
terms be equal, it is ob\ious that the quotient will be a whole number.
Rule. — I. Wlieii needed, annex ciphers to the dividend to make its
places equal in number to those of the divisor
11. Divide as in integers, and, from the right of the quotient, point off
for decimals as many places as the number of places in the dividend
exceeds tJiose in the divisor.
DIVISION" OF DECIMALS.
77
269. Decimals may be readily divided if, in connection with the above
explanations, attention be given to the following
Suggestions. — 1. Do not commence the division until the number of
decimal places in the dividend is at least equal to the number of decimal places
in the divisor. Supply any deficiency in the dividend by annexing ciphers.
2. If the divisor and dividend have the same number of decimal places, the
quotient obtained, to the limit of the dividend as given, will be a whole number.
3. If the number of decimal places in the dividend be greater than the
number of decimal places in the divisor, point off from the right of the quotient
for decimals, a number of places equal to such excess, prefixing ciphers to the
quotient if necessary.
4. If after division there be a remainder, ciphers may be annexed to it and
the division continued to exactness, or to the discovery of a repetend, or to the
two or three places ordinarily demanded in business computations. All such
added' ciphers should be considered as parts of the dividend.
Remarks. — 1. Inasmuch as the main difficulty experienced by pupils with decimals is
found in division, and as that difficulty increases when the principles of decimals are applied
to practice in percentage, it is advised that most thorough and repeated drill in division of
decimals be given to all grades of pupils in all stages of class work.
2. From pleasant experience in teaching this subject, it is suggested that teii or more
examples be grouped as a single exercise, and so arranged that the numerical quotient be the
same for all. The pupil thus relieved from effort to determine this feature of the quotient,
finds the requirement narrowed down to the placing of the decimal point, and soon fully mas
ters all difficulty.
EXAMPLES FOK PRACTICE.
260. Divide
1.
.625 by 2.5.
2.
15.25 by .05.
S.
1100 b/4.4.
4
9.5 by 19.
S.
9.5 by 190.
6.
.95 by .019.
/v
36.5 by .073.
^.
250 by .0625.
(25.)
1 V
 1 = ?
I ^
 .1 = ?
1 i
 .01 = ?
10
^ .1 = ?
10
■^ .01 = ?
.1 
^ 1 = ?
.1 
^ .1 = ?
.1 
^ .01 = ?
.1 ^ .001 = ?
10 = ?
9. 1750 by .875.
17.
17.5 by 17500.
10. 3.6 by 1800.
18.
.44 by .00011.
Jl. .005 by 200.
19.
10006 by. 00001.
12. 27.405 by .00015.
20.
.001 by 1000.
13. 1396. 875' by 250.
21.
1.6 by. 064.
U. 131300 l)y.V25.
6400 by .0000016.
15. 62.5 by 1.25.
23.
.0081 by .054.
16. .00875 by 125.
U.
1860 by .000031.
(26.)
[27.)
1 4 10 = ?
.22 
 11 = ?
1 ^ 100 =1 ?
2.2 
~ .011 = ?
.1 ^ 1000 = ?
220
■ 11000 = ?
.001 f 100 = ?
.022
^ 110 = ?
.0001 ^ .1 = ?
.00022 = 11000 = ?
100 V .00001 = ?
2.2 
f .000011 = ?
1000 ^ .01 = ?
2200
^ .00011 = ?
.00001 ~ 1000 = ?
.022
^ 110000 = ?
10 ^ 100000 = ?
.0000022 = 1100000 =
10000 ^ .0001 = ?
220000 H .000022 = ?
78
GREATEST COMMON DIVISOR OF DECIMALS.
{29.)
6.25 ^ 2.5 = ?
62.5 H .025 = ?
6250 ^ .0025 = ?
.0625 ^ 250 = ?
.00025 ~ .00025 = ?
6.25 4 25000 = ?
.0000025 ^ .00025 := ?
625000 ^ .0000025 = ?
.0000625 ^ 2500000 = ?
625 f .0000025 = ?
Find the sum of the quotients.
(30.)
2.5 ^ 625 = ?
.025 T 62.5 = ?
.0025 V 6250 = ?
.00025 H .625 = ?
.000025 ^ .000625 = ?
.0000025 ^ 62500 = ?
2500 ^ .0625 = ?
2500000 ^ .0000625 = ?
.00025 4 6250 = ?
.000025  6250000 = ?
Find the sum of the quotients.
(38.)
1.6 4 2.5 = ?
160 4 .25 = ?
.0016 = 250 = ?
16 f .00025 = ?
160 4 250000 = ?
16000 ^ .000025 = ?
.0016 ^ .00025 = ?
.000016 ^ 2500000 = ?
1600 4 .00025 = ?
1600000 4. 00000025=?
Find the sum of the quotients.
(31.)
440 ^ 1.1 = ?
.00044 f 1100 = ?
4400 ^ .11 = ?
440 4 .0011 = ?
.0044 ^ 110000 = ?
44000000= 1100000=?
4400000 f .000011 = ?
44000 4 .011 = ?
.00000044 H 110000 = ?
4400 ^ .00011 ■= ?
Find the sum of the quotients.
Remark. — Any decimal may be divided by 1 with any number of ciphers annexed, as
10, 100, 1000, 10000, by removing the decimal point as many places to the left as the divisor
contains ciphers.
(32.)
(33.)
.375 r 1250 = ?
2.25 f .015 = ?
375 ^ .0125 = ?
225 ^ 1500 = ?
.0375 4 12.5 = ?
.0225 ^ 150 = ?
37.5 ^ .000125 = ?
.00225 4 .015 = ?
37500 ^ .00125 = ?
2250  .0015 = ?
3.75 ^ 1250000 = ?
22500 4 15000000 = ?
.00375 ^ 125000 = ?
.000225 H .00015 = ?
.0000375 H .125 = ?
.0000225 4 1500000 = ?
3750000 4 .000125 = ?
2.25 ^ .000015 = ?
.000375 4 12500 = ?
22500000 ^ .00015 = ?
Find the sum of the quotients.
Find the sum of the quotients.
THE GREATEST COMMON DIVISOR AND LEAST COMMON
MULTIPLE OF FRACTIONS, COMMON AND DECIMAL.
261. All exi^lanations given in finding either the Greatest Common Divisor
or Least Common Multiple of integers apply equally to fractions, common or
decimal.
262. To Find the Greatest Common Divisor of a set of Common Fractions.
Example. — What is the Greatest Common Divisor of j, f, and  ?
Explanation. — First reduce the given fractions to a common
denominator and obtain as a result, ^g, g, o ; then arrange the
numerators of the resulting fractions in a horizontal line. Pro
ceeding as by previous explanations find the Greatest Common
Divisor of the numbers to be 5 ; but since these numbers are
numerators of fractions whose common denominator is 30, and 30 is the Least Common
Multiple of this common denominator, the Greatest Common Divisor of the given fractions
must be 5 = 30, or /^ = \. Notice that the numerator of the resulting J is the Greatest Com
mon Divisor of the numerators, and that the denominator 6 is the Least Common Multiple of
the denominators, of the given fractions.
Operation.
5 ) 15 — 20 — 25
3— 4— 5
LEAST COMMON MULTIPLE OF DECIMALS. 79
Rule. — Write a fraction the numerator of which shall he tJie Greatest
Common Divisor of the numerators of the given fractions, and the denom
inator the Least Common Multiple of the denomUiators of the given
fractions.
263. To Find the Least Common Multiple of a set of Common Fractions.
Example. —Find the Least Common Multiple of , f , and ^V
Operation. Explanation. — Reduce the given fractions to a common de
nominator as before, and obtain fj, fg, \*^ ; the Least Common
'^ ) '^■^ "^^ Multiple of the numerators is found to be 1800 ; but the terms
s J ~ I were not 24, 50, and 18, but J, H, and J, and 60 is the Greatest
^ " '_ Common Divisor of 60, the common denominator, therefore the
, i)~ ., Least Common Multiple is not 1800, but '^%%^, or 'V; therefore 30
is the Least Common Multiple of the given fractions. Observe
that the numerator of Y is the Least Common 3Iultiple of the numerators, and the denom
inator of the \" is the Greatest Common Divisor of the denominators, of the given fractions.
Rule. — Write a fraction the numerator of which shall he the Least
Common Multipie of the numerators of the given fractions, and the
denominator ofivhich shall he the Greatest Common Divisor of the denom
inators of the given fractions.
204. To Find the Greatest Common Divisor of a set of Decimal Fractions.
Example. — Find the Greatest Common Divisor of .5, .25, and .375.
Operation.
 \ t^i\ .irv .,r, Explanation. — Reduce the exoressions to equivalents hav
' mg a common denominator, obtammg .oOO, .2o0, .370. For
 \ 1 QQ Q ~ convenience omit the decimal points, find the Greatest Com
\ mon Divisor of the numerators, and obtain 125. Since 500,
5 \ 20 10 15 ^^*^' ^"^ 375 were not whole numbers, but .500, .250, and .375,
the result is not 125, but .125.
4— 3—3
Rule. — Reduce the expressions to the same decimal order, then icrite
the Greatest Common Divisor of the expressions us a whole number, and
make it of th c decimal order common to all.
265. To Find the Least Common Multiple of a set of Decimal Fractions.
Example.— Find the Least Common Multiple of .4, .Tl, and .41 (J.
Operation.
4 ) 400 < "vO 41G Explanation. — Reduce to decimals of the same order, ob
, ^^ taining .400, .720, and .416 ; find the Least Common Multiple of
^ ^^ ^^^ *^^ «Mmcra<o?s. which is 93600. But .since the expressions
r \ or ,_ .,p were not integers, but thousandths, the result is 93600 thou
' ^" sandths, or 93.600 = 93.6, the Least Common Multiple.
5— 9— 2G
80 MISCELLANEOUS EXAMPLES IS DECIMALS.
Rule. — Treat the expressions as integers and obtain their Least Com
rnon Multiple; then make it of the same decimal order as that one of
the given decvtnals which has the greatest number of decimal places.
Remark. — These illustrations, when presented before a class, may properly be combined.
MISCErrjVXEOUS EXAMPLKS IX DECIMALS.
266. 1. Add 51.01, 8.1006, 67.00102, 14.5, 1750.5072003, 100.0010041.
2. Add 137 thousandths, 41 hundredths, 13 millionths, 5011 tenmillionths,
608 tenthousandths, 200600 Imndredniillionths.
3. Eeduee \^ to a decimal fraction.
4. Reduce .015025 to a common fraction.
0. Divide 38.462 by 10000.
6. From 3006.01 take 889.01546.
7. From 540.123 take the sum of 81.625, 126.0972, 45.001, and 100.1002.
8. If 60 bushels of corn cost $26,785, how much will 17.65 bushels cost.
9. Take the sum of nineteen millionths, five and two tenthousandths, and
sixty, from one hundred six and three tenths.
10. Multiply the sum of sixtyfive and one hundred seven millionths, by the
product of nine hundred millionths and one hundred twenty and seventeen
hundredths.
11. From one billion take two billionths.
12. From six and fiftyhundredths take five and sixty hundredths.
13. Divide nine hundred sixteen and two thousand four millionths by sixteen
ten thousandths.
IJf.. Find the cost of 11.6 bales of cloth, each bale containing 61f yards, at
$1.54 per yard.
15. What is the cost of six barrels of sugar, weighing 301, 314, 297, 309,
313, and 315 pounds respectively, at Z\<p per jjonnd ?
16. How many tons of phosphate, at $34.88 per ton, will pay for 296.48
bushels of beans, at $1.25 per bushel ?
17. A contractor received $354.06 for excavating a cellar, at 35^ per cubic
jard. How many yards of earth were removed ?
18. If a wheelman travels 10.3 hours per day, how many days will be
required for him to travel 558.0025 miles, at the rate of 7.88 miles per hour ?
19. A teacher's salary is $1500 per annum. If he pays $650.50 for board,
$119.25 for books, $31.85 for other literature, $63.40 for charity, $209.25 for
clothes, $109.90 for traveling expenses, and $41.27 for incidental expenses, how
much of his salary has he left ?
20. I sold a lumberman 381.25 pounds of butter at $.2875 per pound,
2468.375 pounds of cheese at $.114 per pound, and 2356.5 pounds of dressed
beef at $.07^ per pound, and received pay in lumber at $23 .125 per thousand feet.
How many thousand feet of lumber should I have received ?
UNITED STATES MONEY. 81
UNITED STATES MONEY.
267. United States Money is the legal currency of the United States,
■adopted in 1786 and changed by various Acts of Congress since tliat date ; it is
sometimes called Federal Money.
268. Money is the measure of value.
269. Legal Tender is the term applied to such money as may he legally
•offered in the payment of debts.
270. Bullion is pure gold or silver in bars, or ingots, and " l>ullion value " is
the value of such metal, which varies from coin value only by the charges for
•coinage made by the mint.
271. Coin is the standard money of tlie mints, its value being established
Tiy law.
272. Currency is coin, treasury notes, bankbills, or any substitute for
money, in circulation as a medium of trade.
273. A Decimal Currency is a currency wliose denominations increase
and decrease by the decimal scale. United States money is a decmial currency.
274. The Dollar is the unit of United States money. Dollars are written
:as integers, with the sign ($) prefixed ; the lower denominations arc written as
decimals, dimes being tenths, cents hundredths, and mills thousandths of a
•dollar. Thus, 15 dollars, 1 dime, 5 cents, 5 mills, is written ^15.150.
In business records and papers, cents are often written as fractions of a dollar ;
the halfcent is expressed either as a fraction (4), or as 5 mills. Thus, Sln.tS
may be written $15jVo; '^^ cents, 1.124, or 1.125.
275. The denominations and scale of United States money are shown in tlie
following
Table.
10 mills = 1 cent (c. or et.). 10 dimes = 1 dollar ($).
10 cents = 1 dime (d.). 10 dollars = 1 eagle (E.).
Scale.— Descending, 10, 10, 10, 10. Ascending, 10, 10, 10, 10.
Remarks.— 1. The scale being a decimal one, all operations in United Ctatcs money are
performed the same as with common decimal expressions.
2. The Dime is a coin, but its name is never used in reading United Slates money. The
Mill is not coined; it is used only as a decimal of the cent, which is the smallest money of the
jnint and the smallest recognized in business.
6
S2
U>ilTEl> STATES MONEY,
Obverse.
Obverse. Keverse.
Coins of the United States.
UNITED STATES MOXEY. ' 83
UNITED STATES COINS.
276. The Coins of tlie United States, authorized Ijy various Acts of Con
gress, are of gold, silver, coppernickel, and bronze.
277. The Gold Coins of the United States arc as follows .
1. The Dotible Eofjle; value, $20 ; weight, 510 Troy grains.
2. The Eagle; value, 110 ; Aveight, 258 Troy grains.
3. The HalfEagle; value, $5 ; weight, 129 Troy grains.
Jf.. The Three Dollar piece ; value, $3 ; weight, 77. i Troy grains.
5. The Quarter Eagle; value, $2.50; weight, 64.5 Troy grains.
6. _ The One Dollar piece ; value, $1 ; weight, 25.8 Troy grains.
Remarks. — 1. All United States gold coins are made of j'jj pure gold, and j'jy alloy of copper
and silver, the alloy being used to toughen the metal so as to reduce the loss from abrasion.
The alloy used is never more than j'„ part silver.
2. United States gold coins of standard weight are legal tender for all debt^.
278. The Silver Coins of the United States are as follows :
1. The Dollar; value, $1.00 ; weight, 412.5 Troy grains.
2. The Half Dollar; value, 50^/; weight, 192. 9 Troy grains.
■3. The Quarter Dollar; value, 25^v weight, 9(i.45 Troy grains.
Jf. The Divie; value, 10/' ; weight, 38.58 Troy grains.
Remarks.— 1. The value of gold and silver coins is based mainly on their weight and fine
ness, or the amount of pure metal used. Silver coins are made of ^'^ pure silver and i\ alloy
of copper.
2. United States silver dollars are lef/al tender for all sums not otherwise provided for by
contract. The smaller silver coins are legal tender for all sums not exceeding ten dollars.
279. The CopperMckel Coins of the United States are as follows :
1. The Five Cent incce, called tlie nickel; weight, 77.16 Troy grains.
2. The ThreeCent piece ; weight, 30 Troy grains.
Remark.— The ^(j and 3^ coins are composed of J copper and J Nickel.
280. TIk' Bronze Coin. — The only bronze coin now issued from the mint
is the one cent piece, weighing 48 Troy grains, and composed of f^^ copper and
j5_ tin and zinc.
Remark.— The 5f/ and 3^ nickel coins, and the If bronze coin, are called minor coins ; and
while they are legal tender for all sums not exceeding twentylive cents, their value is not a
bullion value, as in case of coins of gold and silver, but an arbitrary value fixed for commercial
convenience.
UNITED STATES PAPER MONEY.
281. The Paper Money of the United States consists of Treasury Xotes,
Treasiirif Certifiratrs. and Xational Bauh Bills.
282. Silver Certificates.— Any holder of silver dollars, to the amount of
ten dollars or more, may deposit the same with the Treasurer or Assistant
Treasurer of the United States and obtain therefor Silver Certificates, which are
receivable for duties, taxes, and all public debts ; and any holder of the smaller
silver coins to the amount of twenty dollars, or any multiple thereof, may obtain
therefor lawful money at the office of the Treasurer or of any Assistant Treasurer.
84 BEDUCTIOX OF UiJTrED STATES MONET.
283. United States Treasury Notes. — Treasury Notes, or Greenbacks,
are in the same denominations as the Bills of National Banks, with the addition
of those of $5,000 and $10,000 value respectively. Tiiey are legal tender for all
debts except customs or duties, and interest on the public debt, and are usually
receivable for these also, being convertible into coin on demand when presented
in sums of fifty dollars or more.
284. National Bank Bills. — National Bank Bills are the notes issued by
National Banks, under the supervision of Government, and these bills are in
denominations of $1, $2, $5, $10, $20, $50, $100, $500, and $1000, and being
secured by deposits of Government Bonds with the United States Treasurer, and
redeemable on demand with lawful money, are usually received for all dues, but
yet are not legal tender ; and a debt cannot be paid with these notes if the cred
itor states as his reason for their rejection that they are not lawful money.
REDUCTION OF UNITED STATES MONEY.
285. To Reduce Dollars to Cents.
Example. — Reduce 5 dollars to cents.
Explanation. — Since there are 100 cents in 1 dollar, in 5 dollars there are 5 times 100 cents,
•or 500 cents.
Rule. — Add two ciphers to the dollars.
286. To Reduce Cents to Dollars.
Example. — Eeduce 1500 cents to dollars.
Explanation. — Since 100 cents make 1 doUar, there are as many dollars in 1500 cents as
100 cents is contained times in 1500 cents, or 15 times, equal to 15 dollars.
Rule. — Divide the cents hy 100, hy pointing off two places from the
right.
KXA3LPLES FOK PRACTICE.
287. Reduce
1. 6 dollars to cents.
2. Ill dollars to cents.
3. 241 cents to dollars.
4 1044 cents to dollars.
5. 21468 cents to dollars. ; 9. $100.98 to cents.
6. 1800 cents to dollars. \ 10. $o.T5 to cents.
7. 51000 cents to dollars. 11. $26.53 to cents.
S. 9876 cents to dollars.  U. $157.32 to cents.
ADDITION AND SUBTRACTION OF UNITED STATES
MONEY.
288. To Add or Subtract United States Money.
Rule. — Write dollars under dollars and cents under cents; then add
or subtract as in simple ninnhers.
EX.\MPLES FOR PRACTICE.
289. 1. Add ten dollars twenty cents, six dollars fortyeight cents, fourteen
dollars twentysix cents, eleven dollars eighty cents, and fortysix dollars ten
cents.
MULTIPLICATIOK" OF UNITED STATES MONEY. 85
2. Subtract seven hundred sixtyfive dollars nineteen cents from nine hun
dred ten dollars eight cents.
3. A farmer sold produce as follows : wheat, for i761.25; oats, i38:i.40;
barley, $816.09 ; buckwli£>at, ;186;92; corn, $1127.50; potatoes, $063.11 ; hay,
$400.50. What were his entire sales ?
Jf. A lady bought groceries to the amount of $6.85; meats, $2.11; dry goods,
$31.75; carpets, $167.25; millinery, $13.57. AVhat was the total amount of
her purchases ?
5. A student expends for tuition and supplies, $118.75; for board, $167.50 ;
for clothes, $57.25 ; for entertainment and church, $28.42 ; for charity, $6.15.
What amount does he ex])end ?
6. The ex])enses of my house are as folloAvs : for interest, $167.50 ; taxes,
$103.29; repairs, $56.82; insurance, $11.35; water rent, $11.25; and gas, $27.08.
What are my total expenses ?
Remarks. — 1. Under some circumstances it is desirable to write United States money,
expressed in dollars ami cents, without the $ sign and the decimal point, with the decimal part
placed slightly above that expressing the integers or dollars ; as $5.25 may be written 5^ ;
thirteen dollars and eight cents may be written 13""*. This is advisable only where the sum
of several items is to be found by horizontal addition.
2. The amoimt in each of the following examples is to be found by horizontal addition.
7. Add 15^«, 29^ 1146^ 1079«, 9^3, 81*5, 12392, 601, IS^o, and ll^.
S. Add 34650, 291^5, lOO^i, 269ii, and 8093.
0. What is the sum of 21658*, 7243^ 9920^ 117«S 5005o, and 1127i* ?
IQ. What is the sum of 667* S 328io, 97' ^^ goO, 20", 155i«, 1101, 28^3,
and 6759 ?
11. My bills for a year are: for groceries, 283^1; meats, 135^1; miller's i)ro
ducts, 76'' 5; coal, 412 0; kindling, 45"; milk, 47^5; servant, 217; incidentals,
915*. What are my expenses ?
12. A merchant bought cottons, for 34675; linens, for 1326^5; woolens, for
4215'' 5 ; delaines, for 1025* 5 • brocades, for 11275 ». If all were sold for 132562 6,
how much was gained ?
MULTIPLICATION OF UNITED STATES MONEY.
290. To Multiply United States Money.
Rule. — Multiply as in abstract decimals.
Remark. — Money is a concrete expression ; therefore in critical analysis of its multiplica
tion, the money cost or price of an article is a concrete multiplicand, the number of things
bought or sold is an abstract multiplier, and their product is concrete and of the denomination
of the multiplicand. But since the money scale is decimal, these terms may be interchanged
for convenience.
exampi.es for practice.
291. 1. AVhat will be the amount of the following purchases : 147f cd.
hard wood, at $5.75 per cd.; 206f cd. soft wood, at $4.25 per cd.; 4 car loads
slab wood, each containg 16f cd., at $2. 75 per cd.; 816^ tons hard coal, at $5,15
ton; and 536^ tons soft coal, at $3.85 per ton ?
86 DIVISION" OF UNITED STATES MONEY.
2. Bought ilb bar. superfiue flour, at $4.85 per bar.; 355 bar. extra flour at
$5. 15 per bar. ; 132 bar. rye flour, at $4.90 per bar. ; 210 bar. corn meal, at $3.70
per bar. ; and 642 sacks graham flour, at 88^ per sack. What was the total cost ?
S. A retailer bought 35 overcoats, at $0.75 each; IGO black suits, at $17.25
each; 125 plaid suits, at $14.05 each; 84 jean suits, at $6.90 each; and 50 pairs
trousers, at $3.15 each. Find the total cost.
4. An invoice of six pieces of gingham of 51^, 49^, 50*, 54*, 49, and 51^ yd.
respectively, was sold at $.09 per yd. What was the amount of the sale ?
5. Six men worked 19f days each, at $1.90 per day; 24:^ days each, at $1.80,
11^ days each, at $1.65: and 31f days each, at $1.25. How much was earned by
all in the entire time ?
6*. A laborer received $184.55 as a balance due him for his season's work.
He paid a debt of $19.25; bought 8^ yd. cloth, at $1.25 per yd. ; 2 suits of clothes,
at $13.25 per suit; hosiery and gloves for $2.85; 4f tons coal, at $5.65 per ton;
2 cd. wood, at $3.90 i)er cd. ; 3 bar. flour, at $4.75 jier bar. ; 628 pounds of pork,
at 6f^ per lb. : and loaned the remainder of his money. How much did he loan ?
DIVISION OF UNITED STATES MONEY.
•>92. To Divide United States Money.
Rule. — Divide as in abstract decimals.
EXAMPLES FOK PRACTICE.
293. i. If $11421.75 be divided equally among hve persons, what will be
the share of each ?
2. B sold 18T^ acres of land at $105.25 per acre, and divided the proceeds
equallv among fifteen persons. What sum did each receive ?
3. A charitable farmer gave 15f bushels of apples worth $.50 per bu., 21
bushels of potatoes worth $ .75 per bu., and 30 bushels of turnips worth $.624^ per
bu.. in equal shares to six families. What was the value of each share ?
j^. A dealer bought wheat at $.95 per bu., oats at $.45 per bu., and corn at
$.65 per bu. He paid $332.50 for the wheat, $191.25 for the oats, and $113.75
for the corn. How many bushels did he buy in all ?
o. C invested $9659.50 in coal, at $5.85 per ton; $2645.30 in sand, at $2.80 per
cubic vd. ; $058.40 in lime, at $1.60 per barrel. If he sold the coal at $6.05 per
ton, the sand at $2.75 per cubic yd., and the lime at $1.75 per barrel, what was
the gain or loss ?
6. Having sold my mill for $17250, and 316 barrels of flour in stock at
$5.15 per barrel, I invested of the proceeds, $1185.85 in furnishing a house,
$1259.30 in utensils, $1582.25 in live stock, and with the remainder paid in full
for a farm of 163 acres. Wiiat was the cost of the farm i)er acre ?
Rem.\rk. — In case exact quotients are not obtained in division of dollars, add two decimal
ciphers and continue the quotient to cents ; if not then exact add one cent if the mills be 5 or
more, but if less than 5, reject the mills.
ANALYSIS. 87
ANALYSIS.
294. Arithmetical Analysis is the process of solving problems inde
pendently of set rules, l)v deducing, from the terms stated, the conditions and
relations required in their solution.
Remark. — The general subject of Analysis will be treated only as auxiliary to the subject
of Common Fractions, and the Special Applications of the Fundamental Rules.
Example 1. If 5 men earn %'60 m 4 days, how many dollars will T men iarn
in 9 days ?
First Explanation (^extended). — If 5 men earn $30 in 4 days, 1 man, or 1 of 5 men will
cam in 4 days 1 of $30, or $6 ; and if 1 man earns $6 in 4 days, in 1 day, which is \ of 4
days, he will earn \ of $G, or $li. Then, since 1 man in 1 day earns $li, in 9 days, which
are 9 times 1 day, he will earn 9 times $li, or $13^ : and if 1 man in 9 daj's earns $131, 7 men,
which are 7 times 1 man, will earn 7 times $131, or $941.
Second Explanation (abbreviated). — If 5 men earn $30 in 4 days, they will earn $7i in 1
day ; and if 5 men earn $7^ in 1 day, 1 man will earn ! of $7, or $U ; since 1 man in 1 day
earns $U, 7 men in 1 day will earn 7 times $li, or $10^ ; and if 7 men in 1 day earn $10, in
9 days they will earn 9 times $10i, or $94^, the same as before found.
Third Explanation {tnore abbreviated). — If 5 men in 4 days, doing 20 days' work, earn
$30, $11 would equal 1 daj''s work ; 7 men in 9 days do 63 days' work, and since 1 day's work
equals $1, 63 days' work will equal $941, as before found.
Example 3. If 6 men can cut 45 cords of wood iu 3 days, how many chords
can 8 men cut in 9 days ?
First Explanation (extended). — If 6 men cut 45 cd. in 3 days, in 1 day, which is J of 3
days, they can cut ^ of 45 cd., or 15 cd.; and if 6 men can in 1 day cut 15 cd., 1 man in 1 day
can cut J of 15 cd., or 21 cd. ; since 1 man in 1 day can cut 21 cd., 8 men can in 1 daj' cut 8
times 2^ cd., or 20 cd.; and if 8 men in 1 day can cut 20 cd., in 9 days they can cut 180 cd.
Second Explanation (abbreviated). — 6 men in 3 days, doing 18 days' work, cut 45 cd.;
hence 21 cd. can be cut by 1 man in 1 day ; then 8 men in 9 days, doing 72 days' work, can
cut 72 times 2i cd., or 180 cd., as before found.
Example J. If a post 4 ft. high casts a shadow 13 ft. in length, wliat must
be the height of a post that Avill cast a shadow 125 ft. in length?
Explanation. — If a post 4 ft. high casts a shadow 13 ft., a post 1 ft. high would cast a
shadow 3] ft. ; since a shadow 3] ft. is cast by a post 1 ft. high, a post that will cast a shadow
125 ft. in length must be as many times 1 ft. in height as 3] ft. are contained times in 125 ft.,
or SSx'V ft.
Example 4 If the hour and minute hands of a clock are together at noon,
; what times af
4 and 5 o'clock ?
at what times after noon will they again be together ? At what time between
88 ANALYSIS.
Explanation. — Since the minute hand passes the hour hand 11 times in 12 hours, it will
pass it the first time in i\ of 12 hours; the second time in f^ of 12 hours; the third time in y\
of 12 hours; the fourth time in y\ of 12 hours. y\ of 12 hours equals 4 hours, 21 minutes,
and 49^^f seconds ; therefore the hands will he together between 4 and 5 o'clock at 21 minutes
4.9^j seconds after 4 o'clock.
Remark. — Apply the same reasoning to all examples of this class.
Example o. If Grace were ^ older than she is, her age would equal ^ of her
grandmother's. What is the age of each, if the age of both is 87 years ?
Explanation. — If Grace were l older than she is, she would be  of her present age ; and
since if she were !; her present age, she would be only J as old as her grandmother, the age of
grandmother must be 4 times ? or V of the age of Grace, and the age of both must be  + V"
or J* of the age of Grace ; since the age of both is 87 years, 87 years must be \" of the age of
Grace, who must be 15 years old. If Grace's age be increased by ^ of itself, or 3 years, she
will be 18 years of age ; and since her age would then be only J of grandmother's age, the
age of grandmother must be 4 times 18 years, or 72 years.
Example 6. A mau being asked his age, replied : "My father was born in
1805 and my mother in 1806 ; the sum of their ages at the time of my birth was
two and onethird times my age in 1851." How old was the man in 1888 ?
Explanation, — If the father was born in 1805 and the mother in 1806, the sum of their
ages in 1851 was 91 years ; and since the sum of their ages at the time of the birth of the son
was 2^ times his age in 1851, and the parents each increased in years after the son's birth as
fast as he did, in 1851 the sum of their ages must have been 4^ times the age of the son; hence
the son, in 1851, was 91 years i 4^, or 21 years of age, and he must have been born in 1830, and
in 1888 would be 58 years old.
7. The sum of two numbers is 65, and their difference is equal to ^ of the
greater number. Find the two numbers.
8. How long after noon will it be when the minute hand passes the hour
hand the third time?
9. How long after noon will it be when the minute hand joasses the hour
hand the eleventh time?
10. A's age is 2 times the age of B, and the age of C is 2^^ times the age of
both A and B. If the sum of their ages is 116 years, what is the age of each?
11. A man bought 15 bushels of barley, and 36 bushels of oats, for $38.80, and
25 bushels of barley, 18 bushels of oats, for $29.10. How much per bushel did
he give for each kind of grain?
12. Charles, when asked his age, replied: " My father was born in 1843, and
my mother in 1847. The sum of their ages at the time of my birth was 5 times,
my age in 1887." In what year will Charles be 25 years of age ?
SPECIAL APPLICATIONS. 8&
SPECIAL APPLICATIONS.
295. Special Applications, as here treated, embraces the use, in the
sohition of problems, of any or all explanations heretofore given, and the con
sideration of cost, price, and quantity y as being the elements of every business
transaction ; it also treats of such contracted methods as may be employed in
dealing with aliquot parts of the powers of 10, or of other numbers.
General Rules. — 1. If the price and quantity he given, the cost may
he found hy multiplying, the price hy the quantity.
2. If the cost and quantity he given, the price may he found hy divid
the cost hy the quantity.
3. If the cost and j/rice he given, the quantity may he found hy divid
ing the cost hy the price.
ALIQUOT PARTS.
296. The Aliquot Parts of a number are the even parts of that number.
25, 33i, \%\, are aliquot, or even, parts of 100,
Remakk — The component factors of a number must be integral, while the aliquot parts of a
number may be either integral or mixed.
297. The even parts of other even parts may be called parts of parts ; as,
i = i of i ; or, since 33 is a part of 100, ^ of 33^, or 11^, must be a part of the
part 33^.
Remakk — Full illustrations of the use of aliquot parts will follow. Those of $1, equal to
100^, being the most valuable for use, will be mainly considered.
1. 50 cents = ^ of $1
3. 33^ cents = ^ of ]
3. 25 cents = ] of 1
4. 20 cents = \ oi U.
Aliquot Parts of One Dollar.
5. 16f cents = i of $1.
10 cents = J„ of 1.
8^ cents = ^ of $1.
9. 6^ cents = iV of $1.
10. 3 cents = ^ of $1.
11. 2i cents = ^V of U.
12. If cents = ^^ of $1.
Aliquot Parts of Aliquot Parts of One Dollar.
<o\ cents = ^ of 25 cents. I 5 cents = ^ of 50 cents, i \%\ cents = \ of 50 cents.
124 cents =  of 25 cents. I 6^ cents = ^ of 50 cents.  25 cents = i of 50 cents.
Suggestion to Teachek. — Let each one of the following conditions be given to the class
as a question, the required answer to which is the rule.
90 ALIQUOT PARTS.
INSTRUCTIONS FOR PRACTICE WITH ALIQUOT PARTS.
298. 1. To find tlie cost of a quantity when tlio price of 1 is 50 cents.
KULE. — Consider the quant it if as ilallors, and divide In/ ^.
2. To find the cost when tlie prirp of 1 is 33^{i*. Eule. — Divide the quantity,
considered as dollars, by S.
3. To find the cost when i\\e price of 1 is 25^^. Elle. — Divide the quantity,
considered as dollars, ly Jf.
4. To find the cost at 20'/. Rule. — Divide the quantity, considered as
dollars, by 5.
5. To find the cost at 16f '/. Kile. — Divide the quantity, considered as dollars,
by 6.
6. To find tlie cost at 12+^'. Rule. — Divide the quantity, considered as dollars,
by S.
7. To find tliecos^at 8^^. Rule. — Divide the quantity, considered as dollars,
by 12
S. To find the cost at 6^^. Rule. — Divide the quantity, considered as dollars,
by JO.
9. To find the cost at 10^. Rule. — Point off from the right one place in
the quantity, and consider as dollars.
10. To find the cost at 5^^ Rule. — Point off one place in the quantity,
consider as dollars, and divide by 2.
11. To find the cost at 3^f. Rule. — Point off one place in the quantity,
consider as dollars, and divide by 3.
12. To find the cost at 2^^. Rule. — Point off' one place in the quantity,
consider as dollars, and divide by Jf.
13. To find the cost at 1^/. Rule. — Point off' one place in the quantity,
consider as dollars, and divide by 6.
IJf.. To find the cost at 1^^. Rule. — Point off one place in the quantity,
consider as dollars, and divide by 8.
MISCELLANEOUS CONTRACTIONS.
299. 1. To find tlie cost when x.\\q price of 1 is 75 cents. Rule. — From the
quantity, considered as dollars, take ^ of itself.
2. To find the cost when the price of one is 80^. Rule. — From the quantity,
considered as dollars, take I of itself.
3. To find tlie cost when the i)rice of one is 66f ^. Rule. — From the quantity,
considered as dollars, take \ of itself.
Jf. To find the cost when the price of one is ^1.25. Rule. — To the quantity,
considered as dollars, add \ of itself.
5. To find the cost when the price of one is 11.50. Rule. — To the quantity,
considered as dollars, add \ of itself. v
6. To find^he cost when the price of one is 12.50. Rule. — Annex a cipher
to the quantity, consider as dollars, and divide by Jf.
INSTRUCTIONS FOR FINDING QUANTITY. 91
7. To find the cost when the price of one is $7.50. Umlv..— Annex a cipher
to the quantity, consider as dollars, and subtract \.
8. To find the cost when the price of one is G^. Rule. — Point off one place
in the quantity, consider as dollars, and subtract \.
9: To find the cost Avhen the price of one is 13^'/. Rule. — Point off one place
in the quantity, co7isider as dollars, and add ^.
10. To find the cost wlien the price of one is $1.33^. Rule. — Add I to the
quantity, and consider as dollars.
11. To find the cost when the jnice of one is §1.10. Rule. — Add ^V to the
quantity, and consider as dollars.
12. To find the cost when the ^v\ce. of one is $1.20. Rule. — Add\ to the
quantity, and consider as dollars.
13. To find the cost when the price of one is $1.35. Rule. — Add \ and ^
to the quantity, and consider as dollars.
lU. To find the cost when the price of one is 11.75. Rule. — Add \ and \ to
the quantity, and consider as dollars.
15. To find the cost when tlie price of one is $3.33^. Rule. — Annex a cipher
to the quantity, consider as dollars, and divide by 3.
INSTRUCTIONS FOR FINDING QUANTITY.
300. 1. To find the quantity of articles tliat any given sum of money will
purchase, when the price of one is 50^'. Rule. — Multiply the dollars, considered
as quantity, by 2.
2. To find the quantity when the price of one is 33^^'. Rule. — Multiply the
dollars, considered as quantity, by 3.
3. To find the quantity when the price of one is 25^. Rule. — Multiply the
dollars, considered as quantity, by Jf.
Jf.. To find the quantity when the price of one is 20^. Rule. — Multiply the
dollars, considered as quantity, by 5.
6. To find the quantity when the price of one is 16^'. Rule. — Multiply the
dollars, considered as quantity, by 6.
6. To find the quantity when the i)rice of one is 1249^. Rule. — Midtiply the
dollars, considered as quantity, by 8.
7. To find the quantity when the i)rice of one is 10^'. Rule. — Annex a cipher
to the dollars, and consider as quantity.
8. To find the quantity when the price of one is 8^^. Rule. — Multiply the
dollars, considered as quantify, by 12.
0. To find the quantity when the price of one is 6^^'. Rule. — Multiply the
dollars, considered as quantity, by 16
10. To find the quantity when the price of one is 5^^. Rule. — Annex a cipher
to the dollars, consider as quantity, and multiply by 2.
11. To find the quantity when the price of one is 3^^. Rule. — Annex a
cipher to the dollars, consider as quantity, and multiply by 3.
92 MISCKLLAXEOUS COXTRACTIONS.
12. To find the quantity when the price of one is 'l^<p. Rule. — Ayinex a
cipher to the dollars, consider as qiiantity, and multiply by 4.
IS. To find the quantity when the price of one is \\f. Rule. — Annex a
cipher to the dollars, consider as quantity, and multiply by 6.
14. To find the quantity when the price of one is 1\</: Rule. — Annex a
cipher to the dollars, consider as quantity, and multiply by 8.
MISCELLANEOUS CONTRACTIONS.
301. 1. To find the quantity when the price of one is %\.'lb. Rule. —
Point off one place in the dollars, consider as quantity, and multiply by 8.
2. To find the quantity when the price of one is $1.66f. Rule. — Point off
one place in the dollars, consider as quantity, and multiply by 6.
3. To find the quantity when the price of one is $2.50. Rule. — Point off
one place in the dollars, consider as quantity, and multipty by 4
Jf.. To find the quantity when the price of one is 86.66. Rule. — Point off
one j)lace in the dollars, consider as quantity, and add \.
5. To find tlie quantity when the price of one is §7.50. Rule. — Point off
one place in the dollars, consider as quantity, and add ^.
6. To find the quantity when the price of one is S12.50. Rule. — Poitit off
two places in the dollars, consider as qua)itity, and multiply by 8.
MISCELLAXEOUS EXAMPLES IX FrXDIXG QUANTITY.
302. Example i. — How many pounds of tea, worth 66^' per lb., can be
bought for 1147 ?
Explanation. — Since the price of one pound is contained 1^ times in $1, the number of
pounds bouo:ht will be 1^ times the number of dollars invested ; hence, add to the number of
dollars (as pounds)  of itself, and the result will be the number of pounds purchased.
Example ~. — How many pounds of tea, at T5^ per lb., will 8419.25 purchase ?
Explanation. — Since the price of one pound is contained 1^ times in $1, the number of
pounds bought will be 1^ times the number of dollars invested ; hence, add to the number of
dollars ^ of itself, and the result will represent the number of pounds purchased.
Example 3. — How many pounds of tea, at S7^<p per lb., can be bought for
$316 ?
Explanation. —Since the cost of one pound is contained li times in $1, the number of
pounds purchased will be  greater than the dollars invested.
Ex.\MPLE 4 — At 83^^ ]ter yard, how many yards of cloth can be bought for
$1128.50?
Explanation. — Since the price of one yard is contained IJ times in $1, we can buy 
more yards than we have dollars to invest.
Example o. — At 80^* per yard, how many yards can be bought for $246.25 ?
Explanation. — Since $1 will buy 1 J yards, $246.25 will buy 246.25 times 1\ yards ; hence,
to the number of dollars add \ of itself.
Remark. — The teacher can profitably extend these exercises for mental and written drill
for pupils.
MISCELLANEOUS EXAMPLES IN FINDING QUANTITY. 93
303. To Find the Cost when the Price is an Aliquot Part of a Dollar.
Example. — Required, the cost of 546 gallons of molasses, at 33^^ per gallon ?
Explanation.— Since 33y is ^ of $1, 3 gallons would cost $1 ; and if $1 will buy 3 gallons,
it will require as many dollars to buy 546 gallons as 3 is contained times in 546, or $182.
Rule. — Divide the quantity, considered as dollars, by the number of
units of the quantity that ivill cost $1.
EXAMPLES FOK PRACTICE.
304. Find the cost of
1. 286 lb. of tea, at 50^ per lb.
2. 1152 yd. of linen, at 33^^ per yd.
•5. 527 lb. of lard, at 124^ per lb.
4. 455 gal. of molasses, at 25^ per gal.
5. 1751 doz. of eggs, at 16f^ per doz.
6. 2133 lb. of pork, at ^\<fi per lb.
Remark. — In the following examples treat the amount of each item as a separate result,
and consider 5 or more mills as 1^.
1238 cans of salmon, at 20^ per can.
756 gal. of cider, at 8^^ per gal.
81 lb. of meal, at \\<f: per lb.
Ill qt. of berries, at ?>\<P per qt.
11. 1354^ yd. of cotton, at 5^' per yd.
12. 840 lb. of salt, at \\<p per lb.
9.
10.
13.
Find the total cost of the following :
86 yd., at 12^ per yd.
93 yd., at ^(f; per yd.
150 yd., at 25^ per yd.
591 yd., at 10^ per yd.
327.yd.,at33^^peryd.
1141 yd., at 25^ per yd.
1600 yd., at 16f^ per yd.
71 yd., at bQ<ji per yd.
947 yd., at 3^ per yd.
Remark. — Quarters are often written thus: 5* — 5f ; 17^ = 17^ ; IP = 11 ; this method
is not used with other fractions.
IJf. Find the total cost of the following :
832 ya., at 6i^ per yd. 1272 yd., at 16^ per yd.
713 yd.^ at 8^^ per yd.
230^ yd., at 25^ per yd.
1000 yd., at If {Zi per yd.
547* yd., at b<^ per yd.
2855^ yd., at 20^ per yd.
8722 yd., at 50^ per yd.
624 yd., at 2i^ per yd.
305. To Find the Cost when the Price is given and the Quantity is a
Multiple, or an Aliquot part, of 100 or 1000.
Remark.— When the quantity is in even hundreds or thousands, find the cost by multiply
ing the price, expressed as a decimal, by the number of hundreds or thousands. For parts of
hundreds or thousands, add equivalent fractional parts.
Example 7.— Find the cost of 100 yards of cloth, at 54^^ per yard.
Explanation.— Since 1 yard costs % .5425, 100 yards will cost 100 times as much, or $54.25.
Example i?.— Find the cost of 300 yards, at 17^^ per yard.
Explanation.— Since 1 yard costs $ .175, 100 yards will cost $17.50, and 300 yards, or 3
times 100 yards, will cost 3 times $17.50, or $52.50.
Example 5.— Find the cost of 1000 yards, at 83J^ per yard.
Explanation.— Since 1 yd. costs $.8375, 1000 yd. will cost 1000 times $ .8375, or $837.50.
94 EXAMPLES FOR PRACTICE IN SPECIAL A PPLICATIOIf S.
Example 4. — Find the cost of 75 yards, at 81.37^ per yard.
Expi>AKATTOx.— Since 1 yard costs f 1.37i, 100 yards will cost $137.50 ; 7.5 yanls will cost
1 less than $137.50, or $103,125, or $103.13.
Example .7. — Find the cost of 250 yards, at $1.75 per yard.
ExPT.A^^\TIo^•.— Since 1 yard costs $1.75, 1000 yards will cost $1750 : 250 yards, or } of
1000 yards, will cost \ of $1750, or $437.50.
Example 6. Parts of Parts. — What will be the cost of 1420 bushels of
wheat, at $1.37^ per bushel ?
ExPLANATiox.— At $1 per bushel. 1426 bushels will cost $1426.00
At \ = 25o per bushel, 1426 bushels wUl cost 356.50
At I = (i of j), or 12io per bushel, 1426 bushels will cost 178.25
At $1,371 per bushel, 1426 bushels will cost $1960.75
Example 7. — What is the cost of 824 yards of cloth, at $1.75 per yard ?
ExPLAXATiox.— At $1 per yard, 824 yards will cost $824.00
At 1 = 50o per yard, 824 yards will cost 412.00
At i = 250 i>er yard, 824 yards will cost 206.00
At $1.75 per yard, 824 yards will cost $1442.00
Example S. — At 55^ per lb., what will l)e the cost of 14G lb. of gunpowder ?
ExPLA^ATI0^.— At $1 per lb., 146 1b. will cost $146.00
At ^ = 50C per lb., 146 1b. will cost.. 73.00
At ^ = (iV of i), or 5/;* per lb. . 146 lb. will cost 7.30
AtSS^ per lb., 146 lb. will cost $80.30
KXAMPLES FOR WRITTKN PKACTICK.
306. Find the cost of
2U0 lb., @ 37^^. i
700 lb., @ 51i^.
150 lb., @ 14f^.
250 lb., @ 21f^.
1000 lb., @ $1.12^.
750 lb. @ 81f'/.
1250 lb., @ $2.62^.
8. 400 lb., @. 95i^. lo.
9. 250 lb., @ 9f^. 1 16.
10. 75 lb., @ 60J^. ' 17.
11. 125 lb., @ 27^'/. j 18.
12. 1100 1b., @ $1,424. I 19.
13. 500 lb., @. 374^. j 20.
U. 1500 1b., @ 18f^. ' 21.
300 lb., @41^.
3000 lb., @ 12^^.
2500 Ik, @ 61.10.
25 lb., @ $1.85.
150 lb., @ 334^.
75 lb., @, $1.15.
125 lb.,@ $1.25.
KX.VMPLKS KOK MKNTAL PKACTICK.
Remark. — All extensions in the following examples should be made mentally, the pupil
writing only the cost of each item for footing.
307. 1. Find the total cost of
516 lb., at \0<f: per lb.
484 lb., at 5^ per lb.
1000 lb., at 74^!' per lb.
2500 1b., at 8^ per lb.
3000 1b., at 11^ per lb.
21 G lb., at 124^ per lb.
1120 lb., at 50^ per lb.
818 lb., at 25^ per lb.
1400 lb., at 20^ per lb.
381 lb., at 40^ per lb.
1095 lb., at 33^^ per lb.
125 lb., at 6^* per lb.
711 lb., at 30^ per lb.
97 lb., at ^<f■ i)er lb.
150 1b., at Gi^per lb.
EXAMPLES FOR MKNTAL PRACTICE.
95
,?. Find the total cost of
G86 yd., at 15^/ per yd. 297 yd., at 25^' per yd.
2140 yd., at 5^ per yd. 1100 yd., at 439^ per yd.
853 yd., at 10^ per yd. 1200 yd., at 28^^' per yd.
246 yd., at 20^/ per yd. 298 yd., at 50^ per yd.
398 yd., at 30^' per yd. 931 yd., at 25^ per yd.
450 yd., at 33^^ per yd. 1315 yd., at 33^^ per yd.
3. Find the total cost of
1400 lb., at 4^ per lb. 93G2 lb., at 12.}^' per lb.
2168 lb., at 3^^ per lb. 2143^ lb., at 15^ per lb.
7000 lb., at bi per lb. 540 lb., at 11^/ per lb.
2462 lb., at Gy per lb. 2980 lb., at lGr/ j.cr lb.
5963 lb,, at 8^^ per lb. 593 lb., at 13^ per lb.
12521 lb., at 10^ per lb. 12503 ib., at 6^^ per lb.
i. Find the total cost of
5252 yd., at 8^" per yd.
11781 yd., at 9^ per yd.
28533 yd., at 10^ per yd.
1400 yd., at G4j^ iwv yd.
■'. Find the total cost
832 yj,^ at 55^ per yd.
713 yd., at 75^ per yd.
1071 yd., at bOf per yd.
2303yd.,atG6^peryd.
17532 yd.,at25{?5peryd.
46 yd., at 15^ per yd.
6. Find the total cost
629* yd., at 3^^' per yd.
11402 yd., at 5^ per yd.
5943 yd., at 6^^ per yd.
34G9yd., at 8J^ per yd.
12912 yd., at 11^ per yd.
5933 yd., at 12^^^ per yd.
367 yd., at 81.25 per yd.
282 yd., at$2.50peryd.
5771 yd., at 55^ per yd.
315 yd,, at 75^ i)er yd.
of
of
1272 yd., at 16^ per yd.
500 yd., at 18^/ per yd.
2G93 yd., at 124^/ per yd.
29601 yd., at 9o'^ i)er yd.
1832 yd., at 8^^ per yd.
23753 yd., at 10^' per yd.
250 yd., at 13g^ per yd.
400 yd., at 15^^ per yd.
7563 yd., at 16^ per yd.
13751 yd.,at 20^per yd.
1741 yd., at 259^' per yd.
9063 yd., at 66f^ per yd.
800 yd., at 139^ per yd.
959 yd., at 16:^9^ per yd.
1000 yd., at 19f^peryd.
2000 yd., at 21§^ per yd.
606 yd., at 124^ per yd.
150 yd., ar 25^/ per yd.
291 lb., at 50^ per lb.
14372 lb., at 250 per lb.
19783 lb., at 33^0 per lb.
8441 ib.^ at 750 per lb.
930 1b., at 660perlb.
6752 lb., at 1240 per lb.
2100 yd., at 750 per yd.
146 yd., at 250 per yd.
500 yd., at 8. 3 7^ per yd.
1000 yd., at 81. 87^ per yd
20053 yd., at 6i0 peryd.
1000 yd., at 83f 0'per yd.
250 yd., at 27^0 per yd.
9312 yd., at 33^0 per yd.
7683yd.,at$ 1.25 per yd.
17561yd., at 81.124 peryd.
55482 yd., at 140 per yd.
1250 yd., at 740 per yd.
300 yd., at 2310 per yd.
500 yd., at 41^0 per yd.
186 yd., at 160 per yd.
175 yd., at 150 per yd.
308. To Find the Quantity when the Price is an Aliquot Part of $1.
Example /. — If oats cost 33^0 per bushel, how many bushels can ])e bought
for $54 ?
Explanation. —Since 1 bushel costs 33JY, or \ of $1, 3 bushels can be bought for $1 ; and
if 1 will buy 3 bushels, $54 will buy 54 times 3 bushels, or 162 bushels.
Example ~. — If a yard of cloth costs 660, how numy yard.s will >5,S4 l)uy ?
Explanation. — Since the price is \ of itself less than $1 per yard, the number of yards
willbei greater than the number of dollars expended; .\ of 84 =42; 84 + 42 — 126, or 126 yards.
96 EXAMPLES FOR PRACTICE.
Example 3. — At 87^^ per bushel, how many bushels of wheat can be bought
for *12G: ?
ExTLAJNATiON.— Since the price is i of itself less than $1 per bushel, the number of bushels
will be i greater than the number of dollars expended; i of 1267 = 181; 181 f 1267 = 1448,
or 1448 bushels.
Remark. — Application of the principle of reciprocals can profitably be introduced at this
point; the reasoning will be the same as in the examples given above.
Example 4. — At 66^ per yard, how many yards of cloth can be bought for $84?
Explanation. — 66^ = $; write its reciprocal, , and multiply by $84.
Example o. — At 75^ per yard, liow many yards of cloth can be bought for $84?
Explanation. — 75^ = $J; write its reciprocal, , and multiply by $84.
Example 6. — At 87^^ per yard, how many yards of cloth can be bought for $84?
Explanation. — 81i^ — $i; write its reciprocal, i. and multiply by $84.
Rules. — 1. Multiply tJie cost hij the quantity that can he bought
for $1. Or,
2. Add to the cost (as qioantity) such a paH of itself as the price
lacks of being $1.
EXAMPLES FOK PRACTICE.
309. 1. If 1 lb. of candy can be bought for 25^, how many pounds can be
bought for $5.75 ?
~. At 33^^ per yard, how many yards of cloth will $1542.50 buy ?
3. A boy expended $1 for almonds, at 16§^ per lb. How many pounds did
he buy ?
4. At 75^ per yard, how many yards of cloth can be bought for $572.40 ?
5. If I invest $175.30 in eggs, at 20^ per doz., how many dozens do I purchase?
6. A farmer sold 26^^ bu. buckwheat, at 87^^ per bu., and took his pay in sugar
at 6^^ per lb. How many pounds should he have received ?
7. A gardener exchanged 132 qt. of berries, at 8^^ per qt., and 75 doz. corn, at
12^^ per doz., for cloth at 25^ per yd. How many yards did he receive ?
8. If I exchange 1920 acres of wild land, at $7.50 per acre, for an improved
farm at $125 per acre, what should be the number of acres in my farm ?
9. A farmer gave 8 J cwt. of pork, at $7.50 per cwt., 15 bu. of beans, at $3.25
per bu., and 4Gi bu. of oats, at 33^^ per bu., for 28 yd. of dress silk, at $1.25 per
yd., and 52^ yd. of delaine, at 16^ per yd., receiving for the remainder, cotton
goods at 12^^ per yd. How many yards of cotton goods should be delivered to
him ?
10. "When potatoes are worth G6^ per bu., and turnips 25^ per bu., how many
pounds of coffee, at 165# per lb., will 2)ay for 24 bu. of potatoes and 18 bu. of
turnips ?
11. Having bought 1487 lb. A. sugar, at 6^^ per lb.; 872 lb. C. sugar, at 5^
per lb. ; 628^ lb. Y. H. tea, at 33^^ per lb. ; 522 lb. J. tea, at 25/ per lb. ; 650 lb.
Rio coffee, at 12^/ per lb.; and 81 sacks of flour, at $1.25 persadk, I give in pay
ment seven onehundred dollar bills. How much should be returned to me?
EXAMPLES FOR PKACTICE. 97
310. To find the Cost of Articles Sold by the C.
C stands for 100. M stands for 1000.
Example. — What is the cost of 416 lb. phosphate, at $2.00 per hundred?
ExPLAKATiON.— 416 Ibs. = 4.16 hundred lbs. If 1 hundred pounds cost $2.00, 4.16 hundred
lb. will cost 4.16 times $2, or $8.32.
Rule. — Reduce the quantity to hundreds and decimals of a hundred,
by pointing off two places from the right, then multiply hy the pi'ice per C.
EXAMPLES FOR PKACTICE.
311. Find the cost of
1. 1753 lb. of salt, at $1.25 per C.
£. 8425 lb. of scrap iron, at $1. 10 per C.
3. 2156 lb. of fence wire, at $3.25 per C.
4, 378 fence posts, at $7. 50 per C.
■5. 3295 lb. of gitano, at $4.50 per C.
6. 905 lb. of lead, at $3.50 per C.
7. 1125 lb. of castings, at $2.25 per C.
8. 1620 handles, at $5.50 per C.
9. 509 lb. of beef, at $12.50 per C.
10. 23765 lb. of nails, at 15^ per C.
312. To Find the Cost of Articles Sold by the M.
Example. — At $7.00 per M, what will be the cost of 1544 bricks?
ExPLA^fATI0N. — 1544 bricks = 1.544 thousand bricks; and if one thousand bricks coat $7,
1.544 thousand bricks will cost 1.544 times $7, or $10,808  $10.81.
Rule. — Reduce the quantity to thousands and decimals of a thousand,
by pointing off three places from the right, then multiply by the cost per M.
EXAaiPLES rOK PRACTICE.
313. 1. What will be the cost of 1650 ft. pine lumber, at $15 per M?
2. What will be the cost of 611 ft. oak lumber, at $24 per M?
3. What will be the cost of 21 168 ft. hemlock lumber, at $7.50 per M?
Jf. What will be the cost of 9475 ft. elm lumber, at $13 per M?
5. What will be the cost of 2120 ft. ash lumber, at $25 per M?
6. What will be the cost of 2768 ft. maple lumber, at $14 per M?
7. What will be the cost of 1100 ft. chestnut lumber, at $18 per M ?
8. Find the cost of 4560 ft. oak lumber, at $22 per M.
9. Find the cost of 11265 ft. spruce lumber, at $12.50 per M.
10. Find the cost of 6625 shingles, at $5.25 per M.
11. A dealer bought the season's cut of a saw mill, which was as follows:
■326475 ft. clear pine, at $25 per M; 1467250 ft. seconds, at $17.50 per M; 102500
ft. culls, at $13 per M; 890000 ft. hemlock boards, at $10.50 per M; 824650 ft.
hemlock timber, at $9 per M; 552720 ft. white oak plank, at $21 per M; 75690
ft. red oak plank, at $16 per M; 101145 ft. cherry, at $35 per M. What was the
amount of the purchase ?
12. For constructing a house and barn I bouglit: 46210 ft. matched pine, at
$21 per M; 13516 ft. siding, at $28.50 per M; 11260 ft. chestnut, at $32 per M;
4680 ft. black walnut, at $45 per M; 928 ft. cherry, at ^^Q per M; 33725 ft.
hemlock timber, at $11 per M; 58660 shingles, at $6.25 per M; 13700 brick, at
5.60 per M. What was the total cost ?
7
98 EXAMPLES FOR PRACTICE.
314. To find the Cost of Articles Sold by the Short Ton, or Ton of 2000 lb.
Example. — What will be the cost of 3108 lb. of coal, at $6 per ton?
ExPLAXATiOK.— 3108 lb. = 3.108 thousand lb.; since 1 ton, or 2000 lb., cost $6, i ton, or
1000 lb., will cost i of $6, or $3; and if 1000 lb. cost $3, 3.108 thousand lb. will cost 3.108
times $3, or $9,324, or $9.32.
Rule. — Diiide the price of one ton by 2, and the result wiU be the price
per 1000 lb. From the right of the quantity point off 3 places, thus
reducing it to thousands and decimals of a thousand. Multiply by the
price per 1000 lb.
EXAMPI.ES FOK PRACTICE.
315. 1. At $3 per ton, what will be the cost of 2680 lb. soft coal?'
x\ At 87 per ton, what will be the cost of 1345 lb. canuel coal?
3. At $36 per ton, what will be the cost of 4372 lb. phosphate?
4. At 12.50 per ton, what will be the cost of 11075 lb. salt?
5. ' At $34.50 per ton, what will be the cost of 116780 lb. pig iron?
6. At 847.60 per ton, what will be the cost of 84725 lb. steel rails?
7. At ¥125 per ton, what will be the cost of 15066 lb. sheet copper?
8. At $4.50 per ton, what will be the cost of 9362 lb. land plaster?
9. At $2.10 per ton, what will be the cost of 2640 lb. slack lime?
10. At $35 per ton, what will be the cost of 1115 lb. giiauo?
11. What will be the freight, at $5 per ton, on four cars of Mdse. of 21780,
23055, 41200, and 32460 lb. weight respectively?
12. At $16.50 per ton, what will be the express charges on five boxes weighing
respectively 186, 610, 241, 519, and 356 lb?
13. My furnace consumed, in one year, six loads of hard coal, weighing respec
tively 4125, 3960, 4305, 4440, 4055, and 3775 lb. If the coal was bought at $4.60
per ton, what did it cost to run the furnace ?
IJf. A dealer stocked his yard with 17500 tons of coal, as follows: 850 tons
cannel, at $7.40 per ton; 52600 lb. soft, at 82.50 per ton; 193410 lb. of egg, at
$3.20 per ton, and the remainder chestnut, at $3.60 per ton. What was the value
of the dealer's stock ?
316. To Find the Cost of Products of Varying Weights per BnsheL
Example 1. — Required, the cost of 104 lb. of clover seed, at $6.35 per bushel
of 60 lb.
ExPLAXATioK. — At $6.35 per lb., the cost would be 104 times $6.35, or $660.40; but since
the price was not $6.35 per lb., but $6.35 per bu. of 60 lb., the cost will be ^V of $660.40, or
$11,006, or $11.01.
Example 2. — Required, the cost of 100 1b. of blue grass seed, at $1.25 per
bushel of 14 lb.
ExPLAKATiox. — At $1.25 per lb. the cost would be $125; but since the price was not $1.25
per lb., but $1.25 per bu. of 14 lb., the cost would be ^^ of $125, or $8.93.
EXAMPLES FOR PRACTICE. 99
Jinie.— Multiply the number of pounds weight by the price per bushel,
and divide the product hy the number of pounds in 1 bushel.
Remark.— Parts of bushels are often written in smaller figures at the right and above aa
pounds. Thus 1** bu. clover seed = U^ bu. = 1 bu. 44 lb. = 104 lb. 21 1^ bu. oats = 21
bu. = 21 bu. 12 lb. = 682 lb. 119«« bu. corn = llOfl bu. = 119 bu. 25 lb. = 7689 lb.
EXAMPLES rOK PRACTICE.
317. How much should be paid for a load of
1. Wheat, weighing 2142 lb., at % .80 per bushel of GO lb.
2. Corn, weighing 2506 lb., at S.G5 per bushel of 58 lb.
S. Barley, weighing 3381 lb., at $ .75 per bushel of 48 lb.
Jf. Millet, weighing 1768 lb., at $1 per bushel of 45 lb.
5. Oats, weighing 2255 lb., at 1.35 per bushel of 32 lb.
6. Buckwheat, weighing 2172 lb., at 8.60 per bushel of 48 lb.
7. Beans, weighing 2761 lb., at 11.25 per bushel of 62 lb,
8. Peas, weighing 2500 lb., at $1.40 per bushel of 60 lb.
9. Hungarian grass seed, weighing 3146 lb., at $2,50 per bushel of 45 lb.
10. Eed top grass seed, weighing 2059 lb., at $ .90 per bushel of 14 lb.
11. Timothy seed, weighing 2677 lb., at %% per bushel of 44 lb.
12. Kentucky blue grass seed, weighing 2266 lb., at $1.50 per bushel of 14 lb.
13. Clover seed, weighing 2941 lb., at $5.10 per bushel of 45 lb.
IJf. Flax seed, weighing 2727 lb., at $2.25 per bushel of 56 lb.
15. Castor beans, weighing 3050 lb., at $3 per bushel of 46 lb.
16. Potatoes, weighing 2599 lb., at $.65 per bushel of 60 lb.
11. Turnips, weighing 2160 lb., at $ .30 per bushel of 56 lb.
18. Apples, Aveighing 2701 lb., at $ .25 per bushel of 56 lb.
19. Sweet potatoes, weighing 3349 lb., at $1 per bushel of 55 lb.
20. Onions, weighing 2021 lb., at $.85 per bushel of 57 lb.
21. Rye, weighing 1367 lb., at $ .64 per bushel of 56 lb.
22. The products of a farm were ten loads each of Avheat, barley, corn, oats,
and potatoes. The wheat sold at $1.12 per bushel of 60 lb., the barley at 85^
per bushel of 48 lb., corn at 70^ per bushel of 58 lb., oats at 32^ per bushel of
32 lb., and potatoes at 629^' per bushel of 60 lb. The loads of wlieat weighed
respectively 2585, 2640, 2721, 2594, 3063, 3354, 3145, 2720, 2938, and 2890 lb.;
the barley 2163, 2487, 2225, 3004, 3121, 2742, 2907, 2525, 3140, and 3082 lb.;
the corn 3100, 3126, 3097, 3040, 2872, 2950, 2777, 2981, 2547, and 2939 lb.; the
oats 1973, 2946, 2172, 3148, 2500, 1951, 2631, 2997, 3005, and 2775 lb,; the
potatoes 2846, 2891, 2805, 2863, 2984, 2901, 3046, 3280, 3395, and 2584 lb.
How much was received from the five products?
Remark. — Add each ten loads, and compute bushels but once for each product.
100
BILLS, STATEMENTS, AXD INVENTORIES.
BILLS, STATEMENTS, AND INVENTORIES.
319. A Bill is a \rritten
rendered.
statement in detail of articles sold or setvices
Remark. — A Bill should state the names of both parties, the terms of credit, the name,
quantity, and price of each item, and the entire amount. The Bill is said to l)e receipted when
the words " Received Payment," or " Paid " and the creditor's signature, have been written at
the bottom.
3*20. An IiiToiee is a written description of merchandise sold, or shipped to
be sold on account of the shipper.
Remark 1. — The terms Invoice and Bill are now used interchangeably; formerly the term
Invoice was applied only to written statements of merchandise shipped to be sold for the owner.
2. An Invoice should bear the date of the sale or shipment, the special distinguishing
marks, if any, upon the goods, the names of seller and buyer, or consignor and consignee, the
items, prices, footing, discounts, if any, terms of sale, and manner of shipment.
321. A Statement is based upon itemized bills previously rendered, and is
a written exhibit of the sum of the items charged in each of the bills, including
also the dates on which the several bills were rendered.
3*22. An luTeutory is an itemized schedule of the property possessed by an
individual, firm, or corporation, and not shown by the regular books of account;
or it may include all of the property possessed by an individual, firm, or corpo
ration, such as book accounts, notes, cash, merchandise., etc., and also the debts
due by the individual, firm, or corporation. This, however, is generally called a
statement of the business.
Remark. — An inventory is usually made upon the event of taking off a balance sheet, of a
change in the business, of the admission of a partner, of the issue of stock, or, in case of
embarrassment or insolvency, for examination by creditors, together with the other resources
and liabilities of the business.
323. Contractions and Abbreviations used in Business.
Al
First Quality.
a. Cent.
E. & 0. E. Error
Acct
Account.
C7igd. Charged.
Omissions Except
Agt.
Agent.
Co. Company.
Exch. Exchange.
Amt.
Amount.
a 0. D. Collect on
Fol. Folio or page.
Bed.
Balance.
Delivery.
Fr't. Freight.
Bbl
or Bar. Barrel.
Com. Commission.
Ft. Foot.
Bdl
Bundle.
Con. Consignment.
Gal. Gallon.
Blk.
Black.
Cr. Creditor.
Gr. Gross.
/l
Bill of Lading.
Cwt. Hundred weight.
Guar. Guaranteed
Bot.
Bought.
Dft. Draft.
Hhd. Hogshead.
Bro.
Brother.
Dis. Discount.
i. e. That is.
Bu.
Bushel.
Do. or ditto. The same.
In. Inch.
Bx.
Box.
Doz. Dozen.
Ins. Insurance.
Cd.
Cord.
Dr. Debtor.
Jr. Junior.
^ c
ent.
Ea. ^ Each.
Lb. Pound.
and
BILLS.
101
Mdse. Mercliandise.
P. or p. Page.
Pec'd. Received.
Me7n. Memorandum.
Pp. or pp. Pages.
Rec't. Receipt.
Messrs. Gentlemen or
Pat/'i. Payment.
R. R. Railroad.
Sirs.
Pd. Paid.
Schr. Schooner.
Mr. Mister.
Per. By, or by the.
Ship't. Shi])ment.
Mrs. Mistress.
Pkf/. Package.
Str. Steamer.
N. B. Take notice.
P. 0. Post Office.
Sunds. Sundries.
Net. Without discount.
Pr. Pair.
Super. Superfine.
No. Number.
Pc. Piece.
Wt. Weight.
Oz. Ounce.
Qr. Quarter.
Yd. Yard.
Remark. — In abbreviating measures of capacity, weight, distance, or time, it is unnecessary
to add an s for the plural.
324. Time Abbreviations and Contractions used in Business.
Jan. or Jajiy. January.
Nov. November.
Ce7it. Century.
Feb. or FeVy. February.
Dec. December.
d.
Dav.
Mar. Marcli.
Mo. Month.
It.
Hour.
Apr. April.
Yr. Year.
m.
Minute.
Aug. August.
Inst. Present month.
sec.
Second.
Sept. September.
Prox. Next month.
ick
AVeek.
Oct. October.
Ult. Last month.
325. Signs and Symbo
Is in Common Use.
@ At; as, at a i)rico.
"'^ Care of.
New account.
if Number.
y" Check mark.
o/
Old account.
^ By, or by the.
;» Per cent, or Hun
X
By, in surface
^ Account.
dredths.
measures.
BILLS.
326. Find the footing of each of the following bills:
(1.)
John R. Kxox,
\rvi Pearl St., City,
Knoxville, Tenn,, Dec. 31, 1888.
Boufjht of CULVER & CASS.
3
sac
2
bu.
i
bu.
2
lb.
2
lb.
1
lb.
2
gal
4
bu.
4
lb.
ks Cream Flour 95^
Potatoes 80i^'
Sweet Potatoes 90^'
Ginger 22^'
Jap. Tea 55^'
0. H. Tea. 7o^
. Syrup 45^'
Onions $1
Crackers 11^
Paid,
2 85
1 60
45
44
10
75
90
50
44
Culver & Cass,
Per Cass.
102
Folio 246.
BILLS.
Saginaw, Mich., Sept. 1, 1888.
McGraw & Sage,
Tonawanda, N. Y.,
To WALLACE W. WESTON, Dr.
Terms, Sight Draft without notice after ninety days; 5,'? if paid within 60 days.
26416 ft. Clear Pine 28.00 per M.
146250 ft. Pine Plank 23.50 per M.
81275 ft. Clapboards 25.00 per M.
11670 Cedar Posts 7.00 per C.
71300 Shingles '^A" 4.10 per M.
56200 ft. Pine Timber 21.00 per M.
111224 Cedar R. R. Ties. 34.50 per C.
91050 ft. Flooring 27.50 per M.
25508 Shingles " B, " 3.60 per M.
31000 Barn Boards 15. 75 per M.
(3.)
Ole Paulsen & Bro.,
Detroit, Mich.,
Folio 41.
Sales Bk. 219.
Terms cash.
Worcester, Mass., May 15, 1888.
To FRANK DRAKE & SON, Dr.
Case.
1119
15
H 5
12
Pl
t 7
24
it 21
21
Pieces Bleached Cotton,
412 403 411 452 44 441 471 453
42 423 433 431 47 44 44^
Pieces Muslin,
371 323 33 353 341 32
352 333 37 381 381 36
Pieces Delaine,
39 402 411 393 3^2 40 423 44^ 42
Pieces Windsor Prmts,
213 273 253 28 26 228 24 25 32 312
28 241 25 272 22 281 24^22 21^26
24 312 32 22
Pieces Merrimac Prints,
281 32 343 282 26 24i 222 242 262
24 261 33 282 34 27i 30 323 24
302 31 302
No.i'd
Price,
7^
16^^
5i0
Items.
Amount.
Remark. — Any conditions as to time of credit, manner of payment, interest on balance, or
discount for prepayment, are properly placed on a bill or statement.
An M of shingles is equiTalent to one thousand shingles averaging 4 inches in width.
STATEMENTS.
(4.)
103
Book 3, Page 308.
H. H. Barnes & Co.
Boston, Mass.,
Terms, Interest after sixty dai/s.
Chicago, III,, Aug. 1, 1888.
Bought of PEASE & SONS.
25
baskets Pork Loins, net
312 301 297 315 302 313 8^^
tubs Lard, 7114 7015 6914
pkg. 10^ each 11^
casks Shoulders, 42868 41970
42365 43272 pkg. 90^ each 9^
bar. Mess Pork $22.50
20 casks Hams, 39567 41271 40271
41167 40868 42571 40069 39970
39871 42668 41969 42369 40767
41575 41868 40971 40371 42171
42868 40078 pkg. 75^ each 13i^
PkK.
STATEMENTS.
327. Find the amount of each of the following statements :
(1.)
Folio 1(21. Birmingham, Ala., Jan. 1. 1889.
Richmond & New Orleans Railway Co.,
To CLIMAX FOUNDRY CO., Dr.
1888.
Nov.
4
To Bill r
Bnde
(.
7'
((
13
((
18
a
21
i(
25
a
29
<<
30
Dec.
3
t<
6
tt
7
((
10
i(
15
a
20
i (
21
ii
22
ii
25
t(
30
Please remit
590
25
375
13
1150
1560
25
2506
50
763
28
846
20
1000
12750
2634
19
9374
75
871
03
767
20
8500
76
50
1438
10
119
93
1408
27
104
STATEMENTS.
(2.)
Austin, Texas, Mar. 21, 1888.
Geo. H. Grimes,
Galveston, Texas,
In acconnt with CLAUDE M. OGDEN, Dr.
1888.
Jan.
15
a
20
(<
24
<(
28
Feb.
1^
ti
10
K
13
(i
18
It
20
K
22
4(
24
(<
29
Feb.
4
ii
27
Mar.
3
(<
15
To Bill rendered
N. Y. Dft.
Cash,
Or.
Balance due
275
41
315
07
798
10
176
42
215
84
193
76
505
75
97
22
108
47
214
29
307
62
184
36
3392
1200
450
275
500
2425
967
31
31
(3.)
William Warren,
763 Madison St., City,
lUUO.
Apr.
Milwaukee, Wis., June 12, 1890,
Bought of HARRIS BROS. & CO.
2
2
O
aJ
2
29
29
29
29
29
2 pairs Kip Boots 3. 75
2 " Ladies' Shoes 4.25
1 " Child'sShoes 1.10
1 doz. Linen Handk'ch'fs 1.80
2 Neckties _ 35^
21 yd. Dress Silk 1.40
46" Bleached Cotton 11^
15" Muslin.. 12^^
5 " Broadcloth 2.25
Received Payment,
Harris Bros. & Co.,
Per L. Harkis.
Remark. — In retail business, where running accounts are kept with customers, a transcript
3f the charges, or of charges and credits, is made, giving items, dates of purchases and of pay
aaeats, and so partaking of the nature of both Statement and Bill.
INVENTOKIES.
INVENTORIES.
328. Find the amount of each of the following inventories
(1.)
Merchandise Inventory, J ax. l, 1888.
105
pc. F. A. Cambric
56 52 45 50 52 54 46 50^405
gr. Jet Buttons,
pc. P. D. Goods
55 453 552 503 51 52 461 50
521 54 482 503 53 55150
pc. G. Flannel
353 40 402 403
pc. E. Lining
40 522 54 551 452 5o«
pc. V. Barege
201 05 232 27 263 22 242 22 2G3 28
pc. B. H. Checks
45 52 55 41 402 513 511 53 508 46
pc. W. Prints
252 313 30 282 27
pc. A. F. Cashmere
621 653 601 G3 583 6O2 562 558
60 622 553 581603 58 55i
pc. L. Gingham,
45 481 461 442 453 443 46 44 48
502 513 408 471 461 48 49 451 43
22^
1.12i
1
50^
\
25^'
34^
'
mt
1
2i(/
H</:
19^'
46 42
i
(2.)
Starbuck & Martin's Inventory, Jan. 1, 1889.
Schedule A. {^Personal Property. )
3 Delivery Horses, $110, $95, $165,
4 " Express Wagons,
3 " Sleighs,
4 sets Single Harness,
Robes, Blankets, and Whips,
Grocery stock, as by Schedule "G."
Bills receivable, as by " "H,"
Accts. " " " " I,"
Fixtures in store, movable.
Schedule B. {Real Estate. )
7 Vacant Lots on Bank St.,
3 Houses on Clayton Pk.,
No. 12, 18, and 20,
Warehouse on Canal,
/•)
$80
$35
$12.50
15
1
13246
09
7246
25
6242
10
975
50
$1250
$2150
13500
106
MISCELLANEOUS EXAMPLES.
MISCKLLANEOUS EXAMPLKS.
329. 1. Maurice H. Decker, bought of Silas Kingsbury & Co., Elmira, N. Y.,
July 5, 1888, 17G0 ft. pine, at $29 per M ; 40 cedar posts, at $12.50 per C; nails
and hardware, $G.21; 11248 ft. stringers, at $4.75 per M. What was the amount
of the bill ?
2. Geo. W. Banning, bought of E. B. Henry & Co., Syracuse, N. Y., June
13, 1888, on account, 2 doz. carpet stretchers, at $3; 10 grindstones, at $2.25; 5
doz. steelyards, at $9; 15 blacksmith drills, at $T; 12 clothes wringers, at $4.50;
6 doz. wrought wrenches, at $12.25; 3 copying presses, at $5; 7 doz. cow bells,
at $8.50; 15 doz. cast steel axes, at $12. Find the amount of the bill.
3. Wm. J. Howard, bought for cash of Howe & Collins, carpet dealers,
Rochester, N. Y., July 1, 1888, 100 yd. Moquette, at $1.75; 250 yd. body Brus
sels, at $1.50; 325 yd. tapestry Brussels, at $1.00; 500 yd. 3ply ingrain, at 75^;
275 yd. 2ply ingrain, at 65^; 300 yd. matting, at 25^; 200 yd. lining, at 12J^'.
How much money was recpiired to pay the bill ?
4. Henry R. Smith, bouglit of 0. L. Warren, Waverly, N. Y., Dec. 15, 1888,
terms, 60da.; 2fi off, in 10 da. ; 3 doz. Eagle wash boards, at $1.75; 5doz. Novelty
wash boards, at $2.25; 5 M. No. 4 paper bags, at $1.75; 3 doz. butter bowls, at
$2; 5 doz. 0. C. trays, at $4; 1 doz. feather dusters, at $18; 10 gro. Gates'
matches, at $2.75; 15 broom racks, at $2.25; 5 doz. wood shovels, at $7.50;  doz.
oil tanks, at $16. What was the amount of the bill ?
J. Jeffrey & Co., bought of Perry & Co., Buffalo, N. Y., Sept. 1, 1888:
10 pc. F. of L. cotton, 50 60^ 65^ 51 60
55 52 62 61 56, at 8^.
5 doz. C. silk, at 80^
4 pc. A. F. cashmere, 62^ 51 ^ 55 60, at
19^.
5 pc. A. L. L. cotton, 40 46^ 51 ^ 55
42S at 4^.
500 lb. W. S. warp, at 15^'.
Find the amount of the bill.
10 pc. M. shirting, 40 41 46 34 51 45 50
43 52 42, at o(f.
15 pc. crash, 600 yd., at 5^.
6 pc. C. jeans, SO^ 45^ 50 55 61^ 46, at
10 doz. M. L. thread, at 59^.
10 pc. R. print, 41 55 45 51 46 50 40 66
42 52, at U(/:
6. W. C. Blanchard, bought of M. C. Wood, Utica, N. Y., July 15, 1888:
10 i)C. R. gingham, 60 61 ^ 50^ 60^ 51
613 61 50 55 513, at 8(f:
10 doz. F. E. braid, at 23^.
10 pc B. checks, 45 41 55 1 42 52 40^
50 55 513 452^ at 24^.
15 gro. G. buttons, at $1.12^.
2 pc. T. A. flannel, 65 60, at 30^.
6 pc. E. lining, 40 55 1 452 52 41 501,
at 5<f:
5 doz. L. L. gloves, at $3.05.
What was the amount of the bill ?
4 pc. N. sateen, 553 55 50 eo^, at 5^^.
5 gross T. Braid, at $7. 62.
3 doz. L. shirts, at $7.20.
6 pc. T. R. print, 25 35 303 31 21 25 1,
at 4^.
10 cases E. Batts, at $6.00.
20 gro. S. P. buttons, at 49^.
4 pc. V. barege, 20, 23 25 25, at 16^.
7 pc. W. Print, 453 51 45 50 462 55 50^
at 5i^.
MISCELLANEOUS EXAMPLES.
107
7. I. F. Hoyt, bought of Mann & Moore, Sept. 4, 1888, terms 30 da. :
10 pc. X. sateen, oo^ 51 50^ 54i 5G 55
522 53 513 50, at 5^'.
15 pe. T. A. flannel, 62^ 65 ^ 61 58^ 55
631 653 62 602 6,3 sgs ^^i 53 623 65^
at 33^^'.
What was the footinjr of the bill ?
20 pc. R. Gingham, 50 52 1 51 51 2 55
603 621 612 58 552 5gi 533 51 553
612 61 581 56 542 511^ at 6i^.
10 pc. B. checks, 45 52 1 412 40 55^ 50*
45 511 43 503, at 25^/.
S. H. B. Smith, bought of Jones Bros. & Co., Dec. 3, 1888:
19 pc. M. gingham, 472 36 41^ 491 39^
41 323 34 361 433 46 353 331 45 50
483 332 391 36, at 11/.
20 pc. P. B. sheeting, 323 331 372 40
Find the footing of the bill.
441 443 51 402 392 373 35 382 35 41*
463 492 381 413 382 361, at 6/
10 pc. B. D. velvet, 212 273 25 262 293
222 243 21 203 232, at $6.50.
9. Drown Bros. & Co., bought of W. B. Adams & Co., for cash, June 18, 1888:
20 pc. L. gingham, 582 451 413 331 462
453 512 55 382 35 373 493 402 513 44
442 40 371 333 462, at ^<f;.
24 pc. ^\. print, 44i 463 513 393 412 45
483 51 343 372 35 362 413 343 491
What sum of money Avas required to pay the bill ?
10. Find the amount of the following inventory:
372 34 362 423 48 432 531 331 42, ^t
Hi
20 pc. E. lining, 45 54i 392 483 462 332
471 372 453 463 424 443 453 431 352
542 343 422 533 441^ at 4i/.
25 pc. M. gingham, 462 432 391 473 41
50 393 503 42 443 362 34^ 361 492
403 413 392 401 493 45 383 33 382
462 321, atlOi/.
40 pc. L. gingham, 35 362 333 411 33
401 353 382 46 482 43 343 45 39 331
39 432 472 42 362, at 8/.
15 pc. E. lining, 47 413 49 502 46 451
383 36 412 381 453 33 402 391 45^ ^t
UJ.
10 pc. L. plaid, 462 431 331 353 401
383 41 322 363 35^ ^t !()<}■.
373 342 48 362 32 383 471 50 482 41i 4pe. C.denims, 392 6I1 483 362 ^t 12^/.
351 39 423 44 412 451 48 433 36 33i
108 DE>fOMI>"ATE NUMBERS.
DENOMINATE NUMBERS.
330. Denominate numbers may 1>e either simple or compound.
331. A Simple Denominate Nnmber is a unit or a eollection of units of
but one denomination.
332. A Componnd Denominate Nnmber is a concrete mimher expressed in
two or more different denominations; as 5 lb. 4 oz, 12 dr.; 4 yr. 7 mo. 12 da.
Remark. — Compound denominate numbers are sometimes called compound numbers.
333. Componnd Numbers express divisions of time, and of the money,
weights, and measures of the different countries.
Remark. — Most denominate scales are varying, but the uniform decimal scale i? used
throughout the metric system, and, except in Great Britain, in the money of most civilized
countries. The units oi all denominate numbers are treated by the decimal scale.
334. A Denominate Fraction is a fraction expressing one or more of the
equal parts of a denominate or concrete unit; as f of a ton, 4 of a yd., ^ of a gal.
335. Reduction of Denominate Numbers is the process of changing them
from one denomination to another, without altering their value. It is of two
kinds. Reduction Descending and Rednction Ascending.
336. Reduction Descending is the process of changing a denominate num
ber to an equivalent number of a lower denomination; as the change of barrels to
an equivalent in gallons, quarts, pints, or gills.
337. Reduction Ascending is the process of changing a denominate num
ber to an efjuivalent of a higher denomination; as the change of gills to an
equivalent in pints, quarts, gallons, or barrels.
MEASURES OF TIME.
338. Time is the measure of duration ; its computations, being based upon
planetary movements, are the same in all lands and among all peoples.
339. The Solar Day is the unit of time; it includes one revolution of the
earth on its axis, and is divided into iA: hours, counting from midnight to
midnight again.
340. Noon, marked M. for Meridian, is that moment of time at which a
line, called a Meridian, projected from the centre of the earth to the sun, would
pass through the point of observation.
341. A. M. {Ante Meridian) denotes the 12 hours before noon.
MEASURES OF TIME. 109
342. p. M. {Post Meridian) denotes the time between noon and the follow
ing midnight.
Remarks.— 1. For astronomical calculations, the day begins at 12 o'clock noon, but for
civil affairs, it begins at 12 o'clock midnight.
2. In banking business, the law fixes the end of the day at the hour appointed for closing
the bank.
343. The Solar Year is the exact time required by the earth to make one
complete revolution around the sun. It is equal to 365 days, 5 hours, 48 minutes,
49.7 seconds, nearly 365^ days.
344. The Common Year consists of 365 days for 3 successive years; and
exery fourth year, except it be a centennial year, contains 366 days, one day being
added for the excess of the solar year over 365 days; this day is added to tiie
month of February, which then has 29 days, and the year is called LeajJ Year.
The slight error still existing after this addition, is again corrected by excluding
from the leap years the centennial years which are not divisible by 400. Thus
1900, 2100, 2200, while divisible by 4, are not divisible by 400, hence will not be
leap years; while 2000, 2400, 2800, being divisible by 400, will be leap years.
Remarks. — 1. The correction last named was made by a decree of Pope Gregory XIII., in
1685, and is known as the Gregorian calendar. It is used in all civilized countries except
Russia, and is so nearly correct that an error of one daj' will not be shown for 4000 years,
hence it is practically correct.
2. The calendar in general use previous to 1685 was known as the Julian calendar, having
been established by Julius Caesar, 46 B. C. This calendar is still in use in Russia, and as the
difference in the two calendars is now 12 days, the current date in Russia is 12 days behind
that of the other civilized countries of the world; thus when it is Jan. 1 in Russia, it is Jan.
13 in all other countries.
3. The Julian and the Gregorian calendars are sometimes designated by the terms Old Style
(0. S.), and New Style (N. S.)
345. Rule for Leap Years.— I All years divisible by 4> evcept cen
tennial years, are leap years.
n. JJl centennial years divisiUe hy 400 are leap years.
Table.
60 seconds (sec. ) = 1 minute min.
60 minutes = 1 hour hr.
24 hours — 1 day da.
7 (lays = 1 loeek wh.
Jf weeks = 1 lunar month mo.
30 days := 1 commercial month . . mo.
565 days = 1 common year yr.
566 days = 1 leap year yr.
12 calendar months = 1 civil year yr.
10 ijears = 1 decade
100 years = 1' century C.
Scale, descending, 12, 30, 24, 60, 60; ascending, 60, 60, 24, 30, 12.
Remark.— In most business transactions 30 days are considered a month, and twelve such
•months a year.
110
REDUCTION OF TIME.
7th.
July (July) having 31 days.
8th.
August (Aug.) "
31 
9th.
September (Sept.) "
30 ''
10th.
October (Oct.)
31 "
nth.
November (Nov.) "
30 "
12th.
December (Dec.) "
31 ''
346. The Calendar Months are as folk
1st. January (Jan.) having 31 days.
2nd. February (Feb.) " 2829 "
3rd. March (Mar.) " 31
4th. April (Apr.) '' 30
5th. May (May) " 31
6th. June (June) " 30
347. The year begins with the first day, or First, of January, and is divided
into four seasons of three months each.
348. The Seasons are Winter, Spring, Summer, and Autumn, or Fall.
The Winter montiis are December, January, and February.
The Si)ring months are March, April, and May.
The Summer months are J^ine, July, and August.
The Autumn months are September, October, and November.
Remark.— The ancient Roman year began with March 1, and thus September, October,
November, and December ranked, as their Latin derivation indicates, as the 7th, 8th, 9th, and
10th months respectively of the Roman year.
REDUCTION OF TIME.
349. Tiie reduction of expressions of time from higher to lower denomina
tions, or the reverse, may be accomplished in the same manner as the reduction
of United States money heretofore explained, the only difference being that the
scale in the latter is uniform, Avhile that in the former is varying.
350. To
Example,
3 vr,
Operation.
mo. 11 d. 7 hr.
12
30 mo.
7 mo.
43 mo.
30
1290 da.
11 da.
1301 da.
24
31224 hr.
7hr.
31231 hr.
Reduce Time from Higher to Lower Denominations.
— Reduce 3 yr. 7 mo. 11 da. 7 hr. 25 m. 38 sec. to seconds.
Explanation. — Since one year
25m. 38 sec. equals 12 months, 3 years equal 36
months, and 7 months added gives
43 months; since one month equals
30 days, 43 months equal 1290 days,
and 11 days added gives 1301 days;
since one day equals 24 hours, 1301
days equal 31224 hours, and 7 hours
added gives 31231 hours; since one
hour equals 60 minutes, 31231 hours
equal 1873860 minutes, and 25 min
utes added gives 1873885 minutes;
since one minute equals 60 seconds,
1873885 minutes equal 112433100
seconds, and 38 seconds added gives
112433138 seconds.
Operation Continued.
31231 hr.
60
1873860 m.
25 m.
1873885 m.
60
112433100 sec.
38 sec.
112433138 sec.
Remark. — The reduction descending of any compound denominate number can be accom
plished as above, by observing the scale of the table to which it'belongs.
ADDITION OF TIME. HI
jj^nlg, Beginning with the highest, multiply the units of each denoiyv
ination hy the numher in the scale required to reduce it to the denoin
ination next lower; add the units, if any, of such lower denomination,
and so continue from the given to the required denortvination.
351. To Reduce Time from Lower to Higher Denominations.
Example.— Reduce 1124:33138 seconds to years.
Opekation. "
60 ) 112433138 sec. Explanation.— Divide the given
. seconds by 60, to reduce to minutes;
60 ) 1873885 mm. + 38 sec. ^^^ minutes thus obtained, by 60, to
24 ) 31231 hr. + 25 min, reduce to hours; the hours by 24, to
3oTl301 d'l + 7 hr reduce to days; the days by 30, to
* ' reduce to months, and the months
12J_43 mo. + 11 da. ^ij 12, to reduce to years,
3 yr. 4 7 mo.
112433138 sec. = 3 yr. 7 mo. 11 da. 7 hr. 25 min. 38 sec.
Rule. — Divide the given units hy that numher in the scale ivhich will
reduce them to units of the next higher denomination, and so continue
from the given to the required denomination. Any remainder ohtained
will he of the same denomination as the dividend from which it arises.
ADDITION OF TIME.
352. To Add Time.
Time expressions may be added as simple numbers, if only it be observed that
the scale from the lowest to the higest order is 60, 60, 24, 30, and 12. The
highest denomination in common use is the year.
Example.— Add 41 yr. 8 mo. 22 da. 19 hr. 27 min. 14 sec, and 5 yr. .6 mo.
11 da. 10 hr. 50 min. 56 sec.
Exp LAN A T I o N . — Arrange the
27 min. 14 sec. numbers so that those of the same
50 min 56 sec denomination stand in the same ver
! '. tical line. Then begin with the
47 yr. 3 mo. 4da. 6 lir. 18 min. 10 sec. lowest denomination, which is sec
onds, and add: 14 seconds plus 56 seconds equals 70 seconds, equals 1 minute plus 10 seconds;
write the 10 underneath the column of seconds, and carry the 1 to the next column; 27 minutes
plus 50 minutes equals 77 minutes, and 77 minutes plus 1 minute (to carry) equals 78 minutes,
equals 1 hour plus 18 minutes; write and carry as before; 19 hours plus 10 hours equals 29 hours,
and 29 hours plus 1 hour (to carry) equals 30 hours, equals 1 day plus 6 hours; 22 days plus 11 days
equals 33 days, and 33 days plus 1 day (to carry) equals 34 days, equals 1 month plus 4 days;
8 months plus 6 months equals 14 months, and 14 months plus 1 month (to carry) equals 15
months, equals 1 year plus 3 months; 41 years plus 5 years equals 46 years, and 46 years plus
1 year (to carry) equals 47 years.
Hula.— Add as in ahstract numl)ers, and reduce according to the table
of Time.
Operation.
41 yr.
8 mo.
22 da. 10 hr.
5 yr.
6 mo.
11 da. 10 hr.
11*2 SUBTKACTION OF TIME.
SUBTRACTION OF TIME.
353. Difference iu time is found in two ways:
1st. B) counting the actual number of days from the given to the required
•date. Thus, the number of days between May 13 and September 7 is 117, count
ing IS days left in May, 30 for June, 31 for July, 31 for August, and the 7 of
September.
2d. By Compound Subtraction. Subtraction in either simple or compound
numbers is really the same, except that in the latter a varying scale is employed.
That is, it may, and usually does, involve a transformation in either case. This
will always be required unless the several minuend terms, or orders are each equal
to or greater than the corresponding subtrahend term.
354. To Find the Difference in Time by Compound Subtraction.
Example. — Subtract 5 yr. 4 mu. 'il da. from S yr. 1 mo. 18 da.
Operatiok. Explaxatiox. — Write the numbers so that those of the
S vr. 1 mo. IS da. same denomination stand iu the same column. Then begin
5 vr 4 mo 21 da ^^^^ ^^^ lowest denomination to subtract. Since 21 days can
^ not be subtracted from 18 days, transform, or borrow one from
2 yr. 8 mo. 27 da. the next denomination; 1 month ;;:: 30 days, and 18 days added
= 48 days ; 48 days — 21 days = 27 days, which write underneath the column of days ; the 1 month
having been borrowed from the minuend, there are no months remaining from which to sub
tract the 4 months in the sul)trahend, hence, borrow one from the next denomination; 12
months — 4 months = 8 mouths, which write underneath the column of months; there now
remains 7 years from which to subtract; 7 years — 5 years = 2 years, which write imderneath
the column of years. This completes the operation, giving a remainder of 2 years, 8 months,
.and 27 days.
Rule. — Snhtract as in abstract mnubcrs, ohseriing the iarying scale.
EXA3IPI.ES FOK PRACTICE.
Remark. — In the following examples, the difference in time should be found by compound
subtraction, unless it be otherwise stated.
355. 1. Reduce 2T051 seconds to minutes.
2. Reduce 83129 seconds to hours and minutes.
3. Reduce 610251 seconds to higher denominations.
4. How many years, months, days, hours, and minutes, in 749520360 seconds?
0. How many hours from halfpast three o'clock p. m. Oct. 13, 1888, to noon
on the fourth day of July, 1S89?
6. A note entitled to 93 days' time was dated Oct. 13, 1888. Counting
actual time, on what day should it be paid?
7. How many days between Nov. 3, 1890, and Mar. 1, 1900?
8. A mortgage dated July 2, 1888, was paid Sept. 14, 1891. How many
days did it run?
9. How long does a note run if dated Sept. 22, 1887, and paid Aug. 31, 1888?
10. How much time will a man gain for labor in 60 years, by rising 45
minutes earlier each day, beginning Jan. 1, 1888.
LATITUDE, LONGITUDE, AND TIME. 113
11. How many more minutes in the eleven years before Jan. 1, 1890, than in
the eleven years after that date ?
12. How many seconds of difference in the time of one solar year and 12
lunar months of 29 da. 12 hr. 44 min. and 3 sec. each ?
CIRCULAR MEASURE.
356. Circular Measure is used in surveying, navigation, astronomy, and
geography; for reckoning latitude and longitude, determining location of places
and vessels, and in computing differences of time.
357. Every circle, great or small, is divisible into four equal parts; these parts
are called quadrants, and are divisible into ninety equal parts, each of which is
called a degree; every circle, therefore, may be divided into 360 equal parts, called
degrees.
Remark. — The divisions into twelfths called signs, and into sixths called sextants, are in
occasional use.
Table.
60 seconds (") = 1 minute ('). 30 degrees — 1 sign {S.)
60 minutes = 1 degree {). 12 signs or 360° = 1 circle (C)
q , j descending, 12, 30, 60, 60; or, 360, 60, 60.
^^^^®' \ ascending, 60, 60, 30, 12; or, 60, 60, 360.
Remark. — Minutes of the earth's circumference are called nautical or geographic miles.
EXAMPLES FOK PRACTICE.
358. 1. Reduce 2154' to degrees.
2. Reduce 87406" to degrees, minutes, and seconds.
3. Reduce 330581" to higher denominations.
4. How many seconds in a circle?
o. How many minutes in 2 S. 21° 47'?
6. How many seconds in 1 S. 27° 8' 57"?
Reduce 8162 geographic miles to degrees.
How many geographic miles in the circumference of the earth?
By two different observations the position of a ship was shown to have
•changed 519 geographic miles. How much was her change in degrees and
minutes?
LATITUDE, LONGITUDE, AND TIME.
359. Latitude is distance north or south from the equator. A place is said
to be in north latitude if north of the equator; and to b^ in south latitude if south
of the equator.
360. Longitude is distance east or west from any given starting point or
meridian. A place is said to be in west longitude if west of the given meridian;
and to be in east longitude if east of the given meridian.
8
114 LATITUDE, LONGITUDE, AND TIME,
361. Since every circle may be divided into 360 equal parts, or degrees, and
the sun appears to pass from east to west around the earth, or through 360° of
longitude, once in every 24 hours, it will pass through ^ of 360°, or 15° of longi
tude, in 1 hour; through 1° of longitude in ^ oi I hour, or 4 minutes; and
through 1' of longtitude in gV of J^ minutes, or 4 seconds.
Table.
360° of longitude = '^4 hours or 1 day of time, da,
15°" " = 1 hour of time, hr.
1° ♦• *' = 4 minutes " . min.
1' '• •' = 4 seconds '" .. sec.
Remark. — Standard Time. — Previous to 1883 there were fiftythree different time
staodards in use by the railroads of the United States, and as these standards were based on
the local time of the principal cities which served as the center of operations of the different
roads, they were a constant source of annoyance and trouble, lx)th to the railroads and to the
traveling public. To obviate this difficulty the principal railroads of the United States and
Canada adopted, in 1883, what is known as the "Standard Time System." This system di\ides
the United States and Canada into four sections or time belts, each covering 15' of longitude,
7^° of which are east and 7^' west of the governing or standard meridian, and the time
throughout each belt is the same as the astronomical or local time of the governing meridian
of that belt. The governing meridians are the Toth, the 90th, the 105th and the 120th west of
Greenwich, and as these meridians are just 15 apart, there is a difference in time of exactly
one hour between any one of them and the one next on the east, or the one next on the west;
the standard meridian next on the east being one hour faster, and the one next on the west one
hour slower. The time of the T5th meridian, which is about 4 minutes slower than New York
time and about 1 minute faster than Philadelphia time, is called '" Eastern Time," and when it
is astronomical noon on this meridian it is noon on every railroad clock from Portland, Me., to
Buffalo and Pittsburg, and from Quebec to Charleston. The time of the 90th meridian, one
hour slower than " Eastern Time," and 9 minutes slower than Chicago time, is known as
" Central Time," and aU roads operated in the second belt are run by " Central Time." The
time of the 10.5th meridian, one hour slower than " Central Time," is distinguished as " Moun
tain Time." Time in the fourth belt, which is governed by the 120lh meridian, and extends
to the Pacific coast, is called "Pacific Time;" it is one hoiu* behind "Mountain Time," two
behind "Central Time," and three behind "Eastern Time.'" The changes from one time
standard to another are made at the termini of road,*, or at wellknown points of departure,
and where they are attended with the least inconvenience and danger. As this system has
produced satisfactory results and has been adopted by most of the principal cities for local
use, it is probable that the business of the whole country will, before many years, be regulated
by standard railroad time.
362. To Find the Difference in Time, when the Difference in Longitude is
given.
Example. — If the difference in longitude of two places be 9*^ 15', what must
be their difference in time ?
Operation. Explanation. — Since each minute of distance equals 4 seconds of
Qo I 1 =/ time, 15 minutes of distance will equal 15 times 4 seconds, or 60 seconds,
which equals one minute of time. And since each degree of distance
equals 4 minutes of time, 9 degrees will equal 9 times 4 minutes, or 36
37 min. sec. minutes; adding the one minute obtained above, gives 37 minutes as the
required result.
LATITUDE, LONGITUDE, AXD TIME. 115
Rule.— Multiply the units of distance hy Jj., and reduce according to
the table of Time.
EXAMPLES FOR PKACTICE.
Remark. — Examples under this topic will be restricted to variations of solar time.
363. 1. Cincinnati is 84° 24', and San Francisco 122°, west lonsritudc What
is their difference in time?
2. New York is 74° 1', and Halifax 63° 30', west longitude. Find tlieir
difference in time.
3. St. Petersburg is 30° 19' east, and St. Louis 90° 15' west longitude When
it is noon at St. Petersburg, what is the time at St. Louis.
Hemakk. — If one place be east and the other west of the given meridian, to find their
difference in longitude, add their respective distances from the meridian taken.
Jf. The longitude of the City of Mexico is 99° 5', and that of Boston 71° 3',
west longitude. Find their difference in time.
5. If on leaving London, 0° 0' of longitude, my watcli, keeping correct time,
indicates 46 minutes, 15 seconds, after 3 P. m., what time should it indicate on
my arrival at Astoria, Oregon, 124° west, where it is then noon?
364. To Find the DiflFerence of Longitude, when the Difference in Time is
Given.
Example. — The difference in time between two places is 2 hours, 19 minutes,
and 48 seconds. What is their difference of longitude?
Operation. Explanation. — 2 hours, 19 minutes, and
2 hr. 19 min. 48 sec. — 139 min. 48 sec. *? seconds equal 139 minutes and 48 seconds;
. V .. _ _ . since each 4 minutes of time equal 1 degree
4 ) 139 mm. 48 sec. ^^ distance, 139 minutes and 48 seconds equal
34° + (3 min. 48 sec. ) 34 degrees, with 3 minutes and 48 seconds, or
3 min 48 sec = 2*^8 sec 228 seconds, remainder; and since each 4 sec
onds of time equal 1' of distance, 228 seconds
4 ) 228 s ec. equal 57' of distance. Therefore, if the dif
57' ference in time between two points be 2
2 hr. 19 min. 48 sec = 34° 57' hours, 19 minutes, and 48 seconds, their dif
ference in longitude will be 34° 57'.
Kule. — Reduce the difference in time to luinutes and seconds, and
divide hy Jj. ; the quotient will he the difference of longitude, in degrees,
minutes, and seconds.
£XAMPI.£S FOR PRACTICE.
365. 1. What is the difference in the longitude of New York and San Fran
cisco, their difference of time being 3 hr. 11 min. 56 sec.
2. The longitude of Sitka is 135° 18' west. What is the longitude of the
city of Jerusalem if, Avhen it is 9 o'clock and 5 minutes a. m. at Sitka, it is 27
minutes and 4 seconds after 8 P. m. in Jerusalem?
S. Find the difference in latitude of Chicago, situated 41° 54' north, and
Valparaiso, 33° 4' south.
116 REDUCTION OF ENGLISH MONEY.
4. What is the latitude of Washington, if it be 61° 46' 20' north of Kio
Janeiro, and the latter place be 24° 54' south latitude?
5. When it is 20 minutes after noon at Washington, it is 21 niin. 26 sec.
before noon at Chicago, 87° 30' west. What is the longtitude of Washington ?
MISCELLANEOUS EXAMPLiJS.
366. i. A messenger leaves the Greenwich Observatory, westward bound,
at noon, Dec. 31, and by a uniform rate of speed encircles the globe in 24 hours.
Where is he at the end of the old year?
2. Suppose the messenger be eastward bound, at what point will he meet the
new year?
3. When it is 20 minutes past 10 a. m. at Cape Horn, 68° west, what is the
time at Cape of Good Hope, 18° 19' east?
4. When it is noon at London, what is the time at St. Augustine, 81° 35'
west? At Berlin, 13° 30' cast? At Xew Orleans, 90° west? At Sidney, 152° 20'
east? At Paris, 20° 20' 22r east? At Xew York, 74° 3' west?
ENGLISH MONEY.
367. EngHsh or Sterling Money is the legal currency of Great Britain.
Table.
4 farthings ( far. ) = 1 penny d.
12 pence = 1 shilling s.
20 shillings =l^;„3«"::r
Scale, ascending, 4, 12, 20; descending, 20, 12, 4.
368. The standard unit is the pound sterling, the value of which, in United
States money, is shown, together with the other coins, in the following
Comparative Table.
The farthing = \% cent.
The shilling = 24^ cents.
The penny = 2^ cents. The pound = 14.8665.
Remark. — The farthing is but little \ised, except as a fractional part of the penny.
COINS OF GREAT BRITAIN.
369. The gold coins are tlie sovereign and the halfsovereign.
Tte silyer coins are the crown (equal to 5 shillings), the halfcrown, the
florin (equal to 2 shillings), the shilling, the sixpenny and threepenny pieces.
The copper coins are the penny, the halfj^enny, and the farthing.
The guinea (equal to 21 shillings) and the halfguinea are in xase, but are no
longer coined.
EEDUCTION OF ENGLISH MONEY. 117
REDUCTION OF ENGLISH MONEY.
370. To Reduce English Money from Lower to Higher Denominations.
Example. — Eeduce 13206 farthings to units of higiier denominations.
Operation. Explanation.— Since 4 farthings equal one penny, 13206 far
things equal as many pence as 4 is contained times in 13206, or
4J_13306 far. 3301, plus 2 remainder, equal 3301 pence, 2 farthings; since 13
12 ) 3301 d. + 2 far. pence equal 1 shilling, 8801 pence equal 275 shillings, plus 1
9nT"97" 1 1 r1 penny; since 20 shillings equal 1 pound, 275 shillings equal 13
_iJll^ ^' + ■■ ^ pounds, plus 15 shillings. Therefore, 13206 farthings equal £13.
£13. + 15 S. 15s. Id. 2 far.
13206 far. = £ 13, 15 s. 1 d. 2 far.
ISillle.— Divide by the units iiv the scale from the given to tlie rcquived
denomination .
EXAMPLKS FOR PRACTICE.
371. Eeduce
1. 5124 s. to pounds, I 3. 13042 d. to pounds.
2. 11916 far. to shillings. I 4 18T409 far. to higher denominations.
372. To Reduce English Money from Higher to Lower Denominations.
Example. — How many farthings in £9, 4 s. 3 d. 2 far.?
Explanation.— Since 1 pound equals 20 shillings, 9 pounds
equal 180 shillings, and 180 shillings, plus 4 shillings, equal 184
shillings; since 1 shilling equals 12 pence, 184 shillings equal 2208
pence, and 2208 pence, plus 3 pence, equal 2211 pence; since 1
penny equals 4 farthings, 2211 pence equal 8844 farthings, and
8844 farthings, plus 2 farthings, equal 8846 farthings. Therefore,
£9, 4 s. 3 d. 2 far. = 8846 far.
2211 d.
Rule. — Multiply by the units in the scale from the given to the 7'equired
denomination.
EXAMPLES FOR PRACTICE.
373. 1. How many pence. in £27?
2. How many farthings in 19 s. 11 d. ?
3. How many pence in £161, 17 s. 9 d. ?
.4. Reduce £41, 1 s. 10 d. 2 far. to farthings.
5. How many farthings in £13, 15 s. 1 d. 2 far. ?
374. To Reduce English Money to Equivalents in United States Currency.
Example.— Reduce £15, 3 s. 7 d. 2 far. to dollars and cents.
First Explanation.— Since £1 equals $4.8665, £15 equal $72.9975; since 1 shilling equals
24i cents, 3 shillings equal $.73; since 1 penny equals 2/j cents, 7 pence equal $.1414 ; since
1 farthing equals 1% cent, 2 farthings equal $.0101. Therefore, £15, 3 s, 7 d. 3 far. =
$73.8789, or $73.88.
Operation.
£ 9, 4 s.
3 d. 2 far.
20
Operation
180 8.
Continued
4 s.
2211 d.
184 s.
4
12
8844 far.
2208 d.
2 far.
3d.
8846.
118 REDUCTION OF ENGLISH MONEY.
Second Expl.vnatiox. — Call each 2 shillings j^ of a pound, then 3 shillings equal £.15;
call the pence and farthings, reduced to farthings, so many yg'j^g of a pound, then 7 pence, plus
2 farthings, equal 30 farthings, equal £.030; to these add the £15, and the result is £15.18.
And, since £1 equals 14.8665, £15.18 equal 15.18 times $4.8665, or $73.88, as before found.
Rules. — 1. Multiply each of the orders of Sterling Jtwiiey by its equiva
lent iji United States currency, and add the results. Or,
2. Reduce the Sterling expression to pounds and decimals of a pound
by calling each 2 shillings to of a pound, and the pence antl farthings,
reduced to faHhings, so inany nsW of a pound; multiply the pounds and
decimals of a pound thus obtained by Ji..8665, and the product will be
the answer in dollars and cents.
Remark. — This is exact to within s\^ of the part represented by the pence and farthings.
KXAMPUi.S FOR PKACTICK.
375. Reduce to equivalents in United States money
1. £71, 19 s. 5 d. and 3 far.
2. £108, 11 d. and 1 far.
3. £13057, 10 s. and i d.
J^. £3, 1 s. 9 d. and 2 far.
5. £11, 3 s. Id. 1 far.
376. To Reduce "United States Money to Sterling equivalents.
Example. — Reduce 851G4.28 to equivalents in English money.
Operation.
4.8665 ) 5104.28
£1061 + £
.189 rem.
20
3 s.
+ .78 s.
12
rem,
9d.
+ 36 d.
4
rem,
Explanation.— Since $4.8665 equal £1, $5164.28
equal £1061.189; multiply the decimal by the units
in the scale, 20, 12, 4, in order, pointing off as in
decimals, and obtain 3 s. 9 d. 1 far., which, added to
the £1061, equals £1061, 3 s. 9 d. 4 far.
1 far. + .44 far.
Rule. — Divide the expression of decimal cujTency by ^.8665, and the
integers of the quotient will be pounds Sterling ; reduce the decimal of
the quotient, if any, by multiplying by the loicer units in tJie scale.
EXAMPLKS rOK PRACTICE.
377. 1. Reduce $185 to equivalents in English money.
2. Reduce $308.50 to equivalents in English money.
3. Reduce $2500 to equivalents in English money.
Jf. Reduce $3658.21 to equivalents in English money.
6. Reduce $110085.75 to equivalents in English money.
REDUCTION OF DENOMINATE NUMBERS. 119
MEASURES OF WEIGHT.
378. Weight is the measure of gravity, and is of three kinds, distinguished
from each other by their uses, viz :
Troy loeight, with units of j^ounds, ounces, pennyweights, and grains, used for
weighing precious metals.
Avoirdupois weight, with units of tons, hundred weights, pounds, ounces, and
drams, used for weighing products and general merchandise.
Apothecaries' weight, with units of pounds, ounces, drams, scruples, and grains,
used by druggists.
TROY WEIGHT.
379. The Troy pound is the standard of weight, and is equal to 2:^2.7944
cubic inches of pure water, at its greatest density. The grains of the other
weights are the same as the Troy grains.
Table.
24 grains (gr.) = 1 pennyweight pwt. ^
20 pennyweiglits = 1 ounce oz.
12 ounces =: 1 pound lb.
Scale I descending, 12, 20, 24.  1 lb. = 5760 grains. ~Z
I ascending, 24, 20, 12. I 1 oz. = 480 grains' ^ ^
REDUCTION OF DENOMINATE NUMBERS.
380. To Reduce Denominate Numbers from Higher to Lower Denominations.
Example— Reduce G lb. 11 oz. 15 pwt. 21 gr., Troy, to grains.
Operation. ^ yiust Explanation. — Since 1 pound equals 13
6 lb. 11 oz. 15 pwt. 21 gr. ounces, 6 pounds equal 72 ounces, and 72 ounces plus
J^ 11 ounces equal 83 ounces ; since 1 ounce equals 20
72 oz. pennyweights, 83 ounces equal 1660 pennyweights, and
11 oz. 1660 pennyweights plus 15 pennyweights equal 1675
"gg Qj, pennyweights; since 1 pennyweight equals 24 grains,
2Q ' 1675 pennyweights equal 40200 grains, plus 21 grains
equal 40221 grains. Therefore, 6 lb. 11 oz. 15 pwt.
1660 pwt. 21 gr. Troy, = 40221 gr.
15 pwt.
Second Explanation.— Since 1 pound equals 576C
^, . 1 ' grains, 6 pounds equal 84500 grains; since 1 ounce equals
480 grains, 11 ounces equal 5280 grains ; since 1 pen
40200 gr. nyweight equals 24 grains, 15 pennyweights equal 360
21 gr. grains; to these add the 21 grains, and the entire sum is
40221 gr. ^2^1 S*"*'°^
Remark.— A thorough knowledge of the unit equivalents, together with readiness in the
use of the multiplication table, renders the second form much the shorter of the two methods.
120 REDUCTION OF DENOMINATE NUMBERS.
Rules. — 1. Multiply the units of the highest denomination given bjf
that nurtibcr in the scale which will reduce it to the denomination
next lower, and add the units of that lower denomination; continue
in this manner until the required denomination is reached. Or,
2. Multiply the units of each denomination by the nuTnber of units of
the desired equivalent u'liich it takes to mahe one of that denomination,
and add the products thus obtained.
381. To Reduce Denominate Numbers from Lower to Higher Denominations.
Example. — Reduce 40'^"^! gr., Troy, to higher denominations.
First Operation. t?. a ^a • •, , i,*
Explanation. — Smce 24 grains equal 1 pennyweight,
24 ) 402^1 gr. 40221 grains equal 1675 pennyweights, plus 21 grains; since
•^0 'k M"^~ wt 4 21 or ^^ pennyweights equal 1 ounce, 1675 pennyweights equal
' ' 83 ounces, plus 15 pennyweights; since 12 ounces equal
12 ) 83 oz. + 15 pwt. 1 pound, 83 ounces equal 6 pounds, plus 11 ounces. There
,, , , fore, 40221 gr., Troy, = 6 lb. 11 oz. 15 pwt. 21 gr.
6 lb. + 11 oz. .. 6 . J i'
40221 gr., Troy, = 6 lb. 11 oz. 15 i)wt. 21 gr.
Second Operation.
5760 ) 40221 gr. ( 6 lb. Explanation.— Since 5760 grains equal 1 pound, 40221
34560 grains equal 6 pounds, plus 5661 grains; since 480 grains
dsTTV^fifiT o • M 1 o equal 1 ounce, 5661 grains equal 11 ounces, plus 381 grains;
5280 ' since 24 grains eqnal 1 pennyweight 381 grains equal 15
pennyweights, plus 21 grains. Therefore, 40221 gr. = 6 lb.
24 ) 381 gr. ( 15 pwt. n oz. 15 pwt. 21 gr., as before found.
360
21 gr.
40221 gr., Troy, = 6 lb. 11 oz. 15 pwt. 21 gr.
Remark. — The first form is advised for practice, as the operations may usually be per
formed by short division.
Example 2. — Reduce 11426 gr., Troy, to higher denominations.
Explanation. — Divide the given number by 24, the integers of the quotient by 20, the
integers of the new quotient by 12.
Rules. — 1. Divide by the successive units in the scale. Or,
2. Divide by the unit equivalents of each of the higher denominations.
382. To Reduce Denominate Fractions from a Higher to a Lower Denomination,
Example. — Reduce ^^Vfr l^^? Troy, to the fraction of a pennyweight.
First Operation.
^^ X V X V = ilU = If Explanation.— t^Vtj of a PO"nd equals ^/^ of the 12
ounces in 1 pound, or ^f^^ ounces; ^fl^y of an ounce
Second Operation. ^^"^^"^ tUtt of the 20 pennyweights in 1 ounce, or ff§,
4 which equals f pennyweights. Therefore, j/^^j lb.,
T^ X V X ^ = M pwt. Troy, = ^ pwt.
3 t
"Rnie.— Multiply the fraction hy Ihe units in the scale, from the given
to the required denomination.
REDUCTION OF DENOMINATE NUMBERS. 121
383. To Reduce a Denominate Fraction from a Lower to a Higher Denomi
nation.
Example. —Reduce  of a grain to the fraction of a pound, Troy.
O "PER ATION
Explanation.— I of a grain equals f of ^ of a pen
fX^X^XiV^ Tjhnr nyweiglit ;  of ^ of a pennyweight equals  of ^ of
12 ^ff of ^^ ounce ; f of ^ of ^^ of an ounce equals f of ^
of ^ of yij of a pound, or xrinTT of a pound.
*gr. = rrhirl^' Troy.
Rule. — Divide by the units in the scale, from the given to the required
denomination.
384. To Reduce Denominate Fractions to Integers of Lower Denominations.
Example. — Reduce y\ of a pound, Troy, to integers of lower denominations.
Opekation.
^ Explanation. — ^\ of a pound equals ^^ of the 13 ounces
•^ X V t *^^' '^t ^'^ in a pound, or \\ ounces, which reduced gives 2^ ounces ;
* i of an ounce equals \ of the 20 pennyweights in an ounce,
1 ^ ^ K f or 5 pennyweights. Therefore, y^j of a pound, Troy, equals
' 2 ounces, 5 pennyweights.
^ lb., Troy, == 2 oz. 5 pwt.
Rule. — Multiply the denominate fraction hy the unit next lower in
the scale, and if the product he an iinproper fraction reduce it to a
whole or mixed number.
385. To Reduce a Compound Denominate Number to a Fraction of a Higher
Denomination.
Example. — Reduce 7 oz. 5 pwt. 9 gr. to the fraction of a pound, Troy.
Operation. First Explanation. — Since 1 ounce equals 20 pennyweights,
~  ,j. q . 7 ounces equal 140 pennyweights; 140 pennyweights plus 5 pen
' ^ ' ° * ny weights equals 145 pennyweights ; since 1 pennyweight equals
24 grains 145 pennyweights equal 8480 grains; 8480 grains plus 9
140 pwt. grains equals 3489 grains; since 1 pound equals 5760 grains, 3489
5 pwt. grains equal f ^^ of a pound.
145 pwt. Second Explanation. — Since 1 ounce equals 480 grains, 7
OA ounces equal 83G0 grains; since 1 pennyweight equals 24 grains,
; 5 pennyweights equal 120 grains; 3360 grains, plus 120 grains, plus
o4:hU gr. 9 grains equal 3489 grains; since 1 pound, Troy, equals 5760 grains,
Q^gi"' 3489 grains equal § of a pound. Therefore, 7 ounces, 5 pen
3489 ST. = ?f g§ lb. nyweights, 9 grains, equal lf§ of a pound, Troy.
YivXe.— Reduce the compound denominate number to its lowest denomi
nation for a numerator, and a unit to the same denomination for a
denominator; the fraction thus formed is the ansiver sought.
122 ADUITIOX OF DENOMINATE NUMBERS.
386. To Beduce a Denominate Decimal to Units of Lower Denominations.
Example. — Reduce .805 of a pound, Troy, to integers of lower denominations.
Operation.
.865 lb.
1 .^ Explanation. — .865 of a pound eqxials .865
^ of the 12 ounces in 1 pound, or 10.38 ounces;
10.380 oz. .38of an ounce equals. 38 of the 20 penny weights
~ in 1 ounce, or 7.6 pennyweights; .6 of a penny
■^ 60 pwt weight equals .6 of the 24 grains in 1 penny
n . weight, or 14.4 grains. Therefore, .865 of a
pound, Troy, equals 10 ounces, 7 pennyweights,
14.4 gr. 14.4 grains.
,865 lb., Troy, = 10 oz. 7 pwt. 14.4 gr.
Rule.— Multiply tlie decimal by tJiat unit in the scale which udll reduce
it to units of the next loxver denomination, and in the product point off
as in decimals. Proceed in liJce manner with all decimal remainders.
3JS 7 To Reduce Denominate Numbers to Decimals of a Higher Denomination.
Example. — Reduce 8 oz. 3 pwt. 15 gr. to the decimal of a pound, Troy.
Operation.
24 ) 15 o"r
1 ° ■ Explanation. — Since 24 grains equal 1 pennyweight, 15
. 625 grains equal V\ or . 625 of a pennyweight ; 3 pennjweights plus
3. pwt. .62o pennyweights equal 3.625 pennyweights; since 20 penny
20 "> S 6^5 T)wt weights equal 1 ounce, 3.625 pennyweights equal .18125 of an
— ' * ounce, and 8 ounces plus .18125 of an ounce equal 8.18125
.18120 oz. ounces; since 12 ounces equal 1 pound, 8.18125 ounces equal
8. oz. .68177iVof apound. Therefore, 8 oz. 3 pwt. 15 gr.=.68177i
12 ) 8.18125 o z. It)' Troy.
.6817:tV1>J
YiViX^.— Divide the lowest denomination given hy the number in tJie
scale next higher, and to the quotient add the integers of the next higher
denomination . So continue to divide by all the successive orders of units
in the scale.
ADDITION OF DENOMINATE NUMBERS.
388. Example. — Find the sum of 2 lb. 5 oz. 13 pwt. 4 gr., 17 11). 11 oz.
18 pwt. 20 gr., and 9 lb. 9 oz. 6 pwt. 15 gr.
Explanation. — Since each of the given expressions is a
compound number of the same class, and they all have the
same varying scale, their addition may be performed the same
as in simple numbers; in reducing the sum of each column
from a lower to a higher order, observe the units in the
ascending scale.
30 lb. 2 oz. 18 pwt. 15 gr.
Rule.— I Write the nunibers of the same unit value in the same
column .
II Beginning with the lowest denomination, add as in simple numbers,
and reduce to higher denominations according to the scale.
Operation.
lb.
oz.
pict.
P
2
5
13
4
17
11
18
20
9
9
6
15
Ih.
oz.
pwf.
gr.
23
4
17
6
11
1
13
y
11 lb.
9oz
. 3 pwt.
21 gr
MULTIPLICATION OF DENOMINATE NUMBERS. 123
SUBTRACTION OF DENOMINATE NUMBERS.
389. Example.— Subtract 11 lb. 7 oz. 13 pwt. 9 gr. from ^3 lb. i oz. 17 pwt.
6 gr.
Explanation. — Subtract as in simple numbers. If a
subtrahend term be numerically greater than the cor
responding minuend term, borrow 1 from the next higher
minuend term, reduce it to equivalent units in the denom
ination next lower, add them to the minuend units, and from
their sum take the subtrahend units.
Yi\\\e.— Write the numbers as for simple subtraction ; take each subtra
hend term from its corresponding minuend term for a remainder. In
case any subtrahend term he greater than the minuend term, borrow 1
as in simple subtraction, and reduce it to the denomination required.
MULTIPLICATION OF DENOMINATE NUMBERS.
300. Example. — Each of five bars of silver weighed IG lb. 3 oz. 10 pwt. 21
gr. What was the total weight?
Explanation. — Multiply 21 grains by 5 and obtain 105
Operation. grains, which reduce to pennyweights by dividing by 24,
21 Q2 yii^i Qj and obtain 4 pennyweights, with a remainder of 9 grains;
,p q irv f) multiply 10 pennyweights by 5, add the 4 pennyweights,
and reduce to ounces bj' dividing by 20, obtaining 2 ounces,
iL. 14 pennyweights; multiply 3 ounces by 5, add the 2 ounces
81 lb. 5 oz. 14 pwt. 9 gl". and divide by 12, obtaining 1 pound, 5 ounces; multiply 16
pounds by 5, add the 1 pound and obtain 81 pounds.
Rule. — Beginning ivith the lowest denomination, multiply each in
succession, and reduce the product to higher denominations by the scale.
Remarks. — 1. In order that the pupil may have all problems under each denominate subject
given together, and so make an exhaustive study separately of each, it has seemed proper
to include all of the reductions under a typical subject, that of Troy Weight, and hereafter,
as may be needed, reference will be made to such reductions.
2. The teacher will appreciate the above change, as each subject will thus be made to
include enough work for a lesson, and the confusion often arising from giving in the same
lesson several tables, with varying scales, may be avoided.
DIVISION OF DENOMINATE NUMBERS.
391. Example.— If 7 lb. 7 oz. 12 pwt. 18 gr. of silver be made into G i)late8
of equal weight, what will be the weight of each?
Operation. Explanation. — One plate will weigh J as much as
lb. oz. Vict. nr. Opiates. Write the dividend and divisor as in short divi
gvi* ^ 1.) .o sion. Divide 7 pounds by 6, obtaining a quotient of 1
; ;^ pound and an undivided remainder of 1 pound; reduce
1 lb. 3 oz. 5 i)wt. 1 1 gr. this remainder to ounces (12) and add to the 7 ounces of
the dividend, obtaining 19 ounces, which divide by 6, obtaining 3 ounces and an undivided
124 COMPOUND DEXOMINATE DIVISION.
remainder of 1 ounce; reduce this remainder to pennyweights (20) and add to the 12 penny
weights of the dividend, obtaining 32 pennyweights, which divide by 6, obtaining 5 penny
weights and an undivided remainder of 2 pennyweights; reduce this remainder to grains (48)
and add to the 18 grains of the dividend, obtaining 66 grains, which divide by 6, obtaining 11
grains, and thus completing the division. Therefore, the weight of each plate will be 1 pound,
3 ounces, 5 pennyweights, 11 grains.
Unle.— Write the terms as in short division; divide as in integers,
and reduce remainders, if any, to next lower orders hy the scale.
Remarks. — 1. Should the highest dividend order not contain the divisor, reduce its units
to the order next lower, and so proceed to the end.
2. The above and like divisions may be accomplished by the reduction of the denominate
expressions to the lowest order in its scale, then effecting the division and afterwards reducing
the quotient to higher denominations.
COMPOUND DENOMINATE DIVISION.
392. Example. — How many plates, each weighing 1 lb. 3 oz. 5 pwt. 11 gr.,
can be made from 7 lb. 7 oz. 12 pwt. 18 gr. of silver?
Explanation. — Reduce each of the given
Operation. expressions to its equivalent in grains. Since
1 lb. 3 oz. 5 pwt. 11 gr. = 7331 gr. one plate weighs 7331 grains, and the weight of
.!,'» ' .cT ', ,o * Anr^^^' the silver to be used is 43986 grains, as many
7 lb. 7 oz. 12 pwt. 18 gr. = 43986 gr. , , , , ^, • t. ^ i /
r to to plates can be made as the weight of one plate,
43986 gr. ^ 7331 gr. = 6 7331 grains, is contained times in the 43986
grains to be so used, or 6 plates.
Rule. — Reduce the dividend and divisor to the same denomination,
and divide as in simple numbers.
JKXAMPLKS FOK PRACTICE.
393. 1. Reduce 31 lb. 10 oz. 13 jiwt. to pennyweights.
2. How many grains in 27 lb. 17 pwt. 20 gr. ?
S. How many pounds, ounces, and pennyweights in 230.51 gr. .^
J^. Reduce 30297 grains to higher denominations.
5. Reduce ^^ of a pound to grains.
6. ^tVtt of a pound is what part of a pennyweight ?
7. ^7 of a grain is what fraction of an ounce?
8. Reduce ^ of a pennyweight to the fraction of a i)()und.
9. Reduce ^ of a pound to lower denominations
10. Reduce f of an ounce to lower denominations.
11. Reduce 9 oz. 1 i)wt. 21 gr. to the fraction of a pound.
12. What fraction of a pound equals 11 oz. 11 pwt. 18 gr. ?
13. What is the value in lower denominations of .6425 lb. ?
H. Find the equivalents in lower denominations of .905 oz. ?
15. 3 oz. 11 pwt. 12 gr. is what decimal of a pound ?
16. Reduce 17 pwt. 12 gr. to the decimal of an ounce.
17. Add 236 lb. 4 oz. 15 pwt., 83 lb. 11 oz. 21 gr., 4() 11>. l»i pwt.. l(»o lb.
9 oz. II gr.
AVOIRDUPOIS WEIGHT. 125
18. What is the sum of 16 lb. 16 pwt. 16 gr., 100 lb. 1 oz. 5 pwt. 20 gr.,
76 lb. 7 oz. 6 pwt. 13 gr., 19 lb. 2 oz. 10 pwt. 20 gr.?
19. Find the equivalents in lower, denominations of .1425 oz.
20. 1 pwt. 15 gr. is what decimal of a pound ?
21. Subtract 41 lb. 11 oz. 6 pwt. 18 gr. from 50 lb. 2 oz.
22. What is tlie difference between 19 lb. 9 oz. 11 pwt. and 11 oz. 16 pwt. 22 gr. ?
2S. What will be th6 cost of 15 gold chains, each weighing 1 lb. 3 oz. 18 pwt.
18 gr., at 7^ per grain ?
2J^. I bought 7 lb. 7 oz. 12 pwt. 18 gr. of old gold, at 81.05 j^er pwt. AVhat
was the sum paid ?
25. A manufacturer made 18 vases from 7 lb. 8 oz. 8 pwt. 18 gr. of silver.
What was their average weight ?
26. If 12 rings be made from 1 lb. 8 oz. of gold, what will be the weight
of each ?
27. A miner having 77 lb. 10 oz. 5 pwt. of gold dust, divided \ of it among
nis laborers, and had the remainder made into chains averaging 3 oz. 3 pwt. 3
gr. of pure gold each. If he sold the chains for $52.50 each, how much did he
receive for them ?
28. What is the aggregate weight of five purchases of old silver, weighing
respectively 4 lb. 9 oz. 20 gr., 13 lb. 17 pwt. 22 gr., 20 lb. 1 oz. 17 pwt. 4 gr.,
8 lb. 2 oz., and 27 lb. 12 pwt. 21 gr.?
29. I bought 27 lb. 11 oz. 1 gr. of old silver, and after having used 15 lb. 15
pwt. 15 gr., sold the remainder at 5^ per pwt. What quantity was sold, and how
much was received for it ?
80. A goldsmith bought 3 lbs. 9 oz. 1 pwt. 16 gr. of old gold, at 80^ per pwt.,
and made it into pins of 40 grains weight each, which he sold at $2 apiece.
How much did he gain or lose ?
AVOIRDUPOIS WEIGHT.
394. Avoirdupois Weight is used for all ordinary purposes of weighing.
Table.
16 ounces = 1 pound lb.
100 pounds z= 1 hundredweight. . cwt.
20 hundredweight., or 2000 pounds = 1 ton T.
Scale, descending, 20, 100, 16 ; ascending, 16, 100, 20.
Remark. — At the United States Custom Houses, in weighinggoods on which duties are paid
and to a limited extent in coal and iron mines, the long ton of 2240 pounds is still used.
Long Ton Table,
16 ounces = 1 pound lb.
28 pounds = 1 quarter qr.
4 quarters, or 112 pounds = 1 hundredweight... cwt.
20 hundredweight, or 2240 pounds = 1 ton T.
126
AVOIRDUPOIS WEIGHT.
Table of Avoirdupois Pounds per Bushel.
Wojth. Territory.
X X '
CD W ©» 1
CO »
» CD
i §
Wisconsin
00
>*
X X «o
cj cj la
CO
C»
eo
CD
CO O
CO
•* CO
Vertnont
CO
IS
CJ
CO
CO LO
CO
Bhode Island. ..
;
;
; g g :
i
Pennsylvania. ..
X
g
'■• CO
■ ts
s
Oregon
01
>*
X 00
(M <M
CO
to
S
CO
CD
CO
Ohio..
3D
;
CD
CO
10
§?
' ^
New York
X
§
IS
§
00
CO CO ^
CO ia io ■^ CD
New Jersey.
X
IS
CO
eo
CO
CO
New Hampshire.
X
<*
;
;
CD
North Carolina.
'
;
;
CO
1
Missouri
xoO'*'««0'<J<=reo<*«
!•? I CO >.":
sc CO 13 * CO CJ
Minnesota.
X
ci
■^
X X
CS> OJ «
CO
10
CJ
so
CO
CD
Michigan
X
5?
X X
CJ CI
CO
us
CJ
00
CO
CO
Massachusetts. ..
^
CO
eo ic
»
CO
Maine.
■
eo
CO
I
Louisiana.
CJ
eo
;
CO
Kentucky.
X o o * ?>
r o X — 1t
» * «D
^ IC
eo CO o Lo tJI CO c*
Iowa
xoofc»oo^:c«o*»XLt05DOooo
■^;cx^is*off*eoo*io;oe30i5i.';i0'*0(?»
Indiana
xoO'rooo««eo»^ox»>xc^o»'5o >
'T o e ii o *< « ci « »o r L; ;c ec 'T ec Lt « Tf ee
Illinois 
LO
'* CO CJ
Connecticut ;
1 i^
;
CO
10
X
S «5
5 '
California
o
i
CJ
1.0
so
1'
CO
CO
o
O
■> a
C
c
, C
. C
' a
' C
, c
: 1
' CO
) S es
d &
5 5 ^
 C
cS
C
c:
u
"5
JS
(■
a
' >
. c
 _a
<
• c
a
:
5 P
>
cc
B
i.
 c
_ c
a
c
a
.1 .
21
a
■I
c
a
C
1
>
1
>
J
5
 ^^ '■: v: f 'c c^ :: • '^, '^ t i;; ;:^ ?^ v; cv ^ *^ ^ 05
EXAMPLES FOR PRACTICE.
127
Additional Table of Weights of Products,
As usually given, but varied by tbe laws of different States :
Apples, green, 56 lb. per bushel.
Charcoal, . .  .22 lb. per bushel.
Hungarian Grass Seed, 45 lb. per bushel.
Malt, 38 lb. per bushel.
Millet, .45 lb. per bushel.
Mineral Coal, 80 lb. per bushel.
Peas, 60 lb. per bushel.
Potatoes, sweet, 55 lb. i)er bushel.
Red Top Grass Seed, . . 14 lb. per bushel.
Turnips, .56 lb. per bushel.
Table of Gross Weights for Freighting.
Ale and Beer, .330 1b. per barrel.
Apples, 150 lb. per barrel
Beef (200 lb. net),. 330 lb. per barrel.
Cider, .400 lb. per barrel.
Corn Meal, .200 lb. per barrel.
Eggs, 180 lb. per barrel.
Fish, 300 lb. per barrel.
Flour ( 196 lb. net ), 200 lb. per barrel.
High wines, 400 lb. per barrel.
Lime, 230 lb. per barrel.
Oil, 400 lb. per barrel.
Pork (200 lb. net), ,330 lb. per barrel.
Potatoes, 180 lb. per barrel.
Salt, ...300 1b. per barrel.
Vinegar, 400 lb. per barrel.
Whiskey, 400 lb. per barrel.
Estimates on Lumber, Wood, Etc., foi* Freighting.
Pine, Hemlock, and Poplar, seasoned, per M, 3000 lb.
Black AValnut, Ash, Maple, and Cherry, per M, . . . 4000 lb.
Oak and Hickory, per M, _ 5000 lb.
Soft wood, dry, per cord, — 3000 lb.
Hard wood, dry, per cord, 3500 lb.
Remark. — For unseasoned lumber, add onethird.
Brick, common, each, 4 lb.
Brick, fire, each, 6 lb.
Sand, cubic yard, 3000 lb.
Gravel, cubic yard, 3200 lb.
Stone, cubic yard, 4000 lb.
Remark. — For assistance in the solution of the following examples, the pupil is referred to
the explanations and rules under Troy Weight.
KXAMPLES FOR PRACTICE.
395. i. How many pounds Avoirdupois in 17 T. 6 cwt. 69 Ih. 'i
^ Reduce 31275 lb. Avoirdupois to higlier denominations,
f of a ton Avoirdupois equals how many pounds ?
Reduce ^^ of a cwt. Avoirdupois to ounces.
Reduce .3842 of a ton Avoirdupois to lower denominations.
How many Avoirdupois pounds in .625 of a ton ?
17 cwt. 72 lb. 4 oz. Avoirdupois is what fraction of a ton ?
Reduce 51 lb. 12 oz. Avoirdupois to the fraction of a hundred weight.
What decimal part of a hundredweight is 24 lb. 2 oz. Avoirdupois ?
Reduce 19 cwt. 99 lb. 15 oz. Avoirdupois to the decimal of a ton.
3.
4.
5 .
6.
7.
8.
■ 9.
JO.
128 apothecaries' weight.
11. Wliat is the sum of T T. 4 cwt. 78 lb. 5 oz., 3 T. 17 cwt. 19 lb. 11 oz.,
5 T. 18 cwt. 96 lb., 13 T. 1 cwt. 11 oz. ?
12. A farmer sold 4 loads of hay, weighing respectiyely 1 T. 2 cwt. 14 lb.,
19 cwt. 90 lb., 1 T. 3 cwt. 97 lb., 1 T. 5 cwt., and received for it $16 per ton.
How much did he receive?
13. Six loads of lime weighed 13 T. 15 cwt. 4 lb. Wliat was their average
weight?
APOTHECARIES' WEIGHT.
396. Apothecaries' Weight is used by druggists in retailing, and by
apothecaries iu mixing medicines.
Table.
20 grains = 1 scruple sc.
3 scruples = 1 dram dr.
8 drams = 1 ounce .  oz.
12 ounces = 1 pound lb.
Scale, descending, 12, 8, 3, 20 ; ascending, 20, 3, 8, 12.
Remarks. — 1. The pound, ounce, and grain are the same as in Troy weight. The only
difference between these weights is in the subdivisions of the ounce.
2. Drugs and medicines are sold at wholesale by Avoirdupois weight.
EXAMPLES FOK PRACTICE.
Remark. — For assistance, refer to rules and explanations under Troy "Weight.
397. 1. Eeduce 5128 sc. to higher denominations.
2. How many drams in 61 lb. 5 oz. ?
3. 10 oz. 1 dr. 1 sc. 15 gr. equal what fraction of a pound ?
J^. Eeduce .955 of a pound to lower denominations.
5. How many scruples in ^ of a pound ? '
6. Add 6/o lb., 7y5^ oz., 3 dr. and 2 sc.
7. Find the sum of ^i lb., 7 oz., 7 dr., 1 sc. and 16 gr.
8. From 21 lb. 5 oz. 3 dr. 1 sc. 11 gr., take 14 lb. 1 oz. 7 dr. 19 gr.
9. What is the difference between 16 lb. 1 oz. 4 dr. 2 sc. 12 gr., and '^^^ lb.?
10. In comjjounding six cases of medicine, an apothecary used for each 2 lb.
7 oz. 6 dr. 18 gr. What was the aggregate weight ?
11. If 19 lb. 4 oz. 7 dr. 1 sc. 5 gr. be divided into 21 packages of equal weight,
what will be the weight of each ?
Comparative Table of Weights.
Troy. Apothecaries.' Avoirdupois.
1 pound = 5760 grains = 5760 grains = 7000 grains.
1 ounce = 480 grains = 480 grains = 437.5 grains.
175 pounds = 175 pounds = 144 pounds.
QuESTioxs. — 1. Which is heavier, a pound Troy or a pound Avoirdupois ?
2. Which is heavier, an ounce Troy or an ounce Avoirdupois ?
MEASURES OF CAPACITT. 129
Remarks.— 1. A cubic foot of water weighs 62^ lb. or 1000 oz. Avoirdupois.
2. In weighing diamonds and gems, the unit generally employed is the carat, which is
«bout3.3 Troy grains.
3. The term carat is also used to express the fineness of gold, 24 carats fine being pure;
thus 18 carat gold = f pure.
EXAMPLES FOR PKACTICE.
398. 1. A dealer bought 131 lb. 5 oz. of drugs by Avoirdupois Aveight, at
t;G.25 per pound, and retailed them at 5^ per scruple. What was his gain ?
2. How much is gained or lost by buying 23 lb. 4 oz. of medicine by Avoirdu
pois weight, at 50^ per oz., and selling by Apothecaries weight, at 1^^ per grain?
S. Reduce 5f lb.. Avoirdupois, to Troy units.
• Jf.. What is the remainder after subtracting hl^^ lb. Troy from 60 lb. 10 oz.
Avoirdupois ?
5. I bought by Avoirdupois weight 45 lb. 6 oz. of drugs, and from the stock
sold by Apothecaries weight 29 lb. 4 oz. 3 dr. 1 sc. 10 gr. What is the remainder
worth, at 75j^ per Avoirdupois ounce ?
6. Having bought \l of a pound of roots by Avoirdupois weight, I sold H of
a pound by Apothecaries weight. What was the remainder worth, at 10^ per
scruple ?
MEASURES OF CAPACITY.
390. Dry Measure is used for measuring grains, seeds, fruit, vegetables,
•etc. — all articles not liquid.
'J'ho units are pints, quarts, pecks, and bushels.
Table.
2 pints (pt.) = 1 quart qt.
8 quarts = 1 peck. pk.
4 pecks = 1 bushel bu.
Scale, descending, 4, 8, 2 ; ascending, 2, 8, 4.
Remakks. — 1. The United States Standard Unit of Dry Measure is the bushel, which, as a
•circular measure, is 18i inches in diameter and 8 inches deep, contains 2150.42 cubic inches,
and is in uniform use for measuring shelled grains; while the Jieaped bushel of 2747.71 cubic
inches is used for measuring apples, roots, and corn unshelled.
2. The British Imperial bushel contains 2318.19 cubic inches. The English Quarter men
tioned in prices current = 8 bu. of 70 lb. each, or 560 lb. avoirdupois = \ long ton.
3. For weights of different commodities, refer to Table, page 125.
EXAMPLES EOK PKACTICE.
Remark. — For assistance, refer to rules under Tkoy Weight.
400. 1. How many pints in 14^ bu. ?
2. Reduce 9 bu. 1 pk. 3 qt. 1 pt. to i)ints.
S. Add 51 bu. 3 \)k. 1 pt. ; 4G bu. 2 pk. ; 37 bu. 2 (it. 1 pt. ; 51 bu. 1 pk. 7 qt.
4 From I of a bushel, take f of a peck.
9
130 LIQUID MEASURE.
5. What is the difference between Tt bu. and 2 bu. 2 pk. 2 qt, 1 pt. ?
6. A teamster's 12 loads of wheat measured 1000 bu, 1 pk. 6 qt. 1 pt. How
much was the average of each load ?
7. What will be the cost, at 45^ per bushel, of 5 loads of oats, weighings
respectively 2619 lb., 2554 lb., 2124 lb., 3051 lb., and 2745 lb.?
LIQUID MEASURE.
401. Liquid Measure is used for measuring water, oil, milk, cider,,
molasses, etc.
The units are gills, pints, quarts, gallons, and barrels.
Table.
4 gills (gi.) = 1 pint. pt.
2 pints = 1 quart qt.
4 quarts = 1 gallon gal.
31^ gallons = 1 barrel bar. or bbl.
Scale, descending, 31^, 4, 2, 4 ; ascending, 4, 2, 4, 31^.
Remarks. — 1. The standard unit of Liquid Measure is the gallon, which contains 231
cubic inches. ,
2. Casks, called hogsheads, pipes, butts, tierces, tuns, etc., are indefinite measures; their
capacity, being determined by gauging, is usually marked upon them.
3. In sales of oils and liquors, and in certain other cases, the barrel is also of indefinite
capacity.
EXAMPUES FOR PKACTICE.
Remark. — For assistance refer to rules under Troy Weight.
402. 1. How many gills in 5 bar. 27 gal. 3 qt. 1 pt. of cider?
2. Reduce 31479 gi. to higher denominations.
3. .046 of a barrel equals how many gills?
4. From .895 of a barrel take 21 gal. 2 qt. 1 pt. 1 gi.
5. From a cask containing 68 gal. 4^ qt. of wine, 1.625 bar. were sold. What
was the remainder worth, at 50^ per pint ?
6. A reservoir contained 896 gal. 2 qt. of water, and its contents were put
into 116 kegs. What was the quantity put into each ?
7. From  of a barrel take 4 gal. 1 qt. 3 gi.
8. If 2 qt. 1 pt. 1 gi. of oil be consumed per day for the year 1890, what will
be its cost for the year at 8^ per gallon ?
9. From a cask of brandy containing 69 gal. 1 pt. and costing $3.75 per
gallon, onefourth leaked out, and the remainder was sold at 20^ per gill. What
was the amount of gain or loss ?
Comparative Table of Dry and Liquid Measures.
Cu. in. in one Cu. in. in one Cu. in. in one
gallon. quart. pint.
Dry Measure (^pk.)268f 67^ 33.
Liquid Measure 231 57 28.
LINEAR MEASTJBE. 131
Remarks. — 1. A pint of water weighs about 1 pound, Avoirdupois.
2. Potatoes and grains are tisually sold to dealers and shippers by weight.
3. The beer gallon of 282 cubic inches is nearly obsolete.
EXAMPLES FOR PKACTICE.
403. 1. Keduce 21 bu. 6 qt. 1 pt., dry measure, to pints, liquid measure.
2. A grocer bought 12 bu. 3 pk. 3 qt. of chestnuts by dry measure and
when selling used a liquid pint, measure. How many pints did he gain by the
change ?
3. A bushel of cherries, bought at 10^ per quart, dry measure, was sold at
the same jmce per quart, wine measure. How much was thereby gained ?
4. A cask of cranberries, containing 5^^ bu., was bought for $15, and retailed
at 10^ per quart by wine measure. What was the gain ?
5. A blundering clerk bought of a gardener 375 quarts of currants, measur
ing them by a liquid quart measure, and when selling used a dry quart measure.
If he bought at 6^ per quart and sold at 7^, how much less did he receive than if
he had measured by dry measure when buying and by liquid measure when
selling ?
MEASURES OF EXTENSION.
404. Extension is that which has one or more of the dimensions, length,
breadth, and thickness; it may therefore be a line, a surface, or a solid.
405. A Line has only one dimension — length.
Remakks.— 1. The United States Standard of linear, surface, and solid measure, is the yard
of 3 feet, or 36 inches.
2. The standard, prescribed at Washington, has been fixed with the greatest precision. It
was determined by a brass rod, or pendulum, which vibrates secomUin a vacuum at the sea level,
in the latitude of London, Eng., and in a temperature of 62° Fahrenheit. This pendulum is
divided into 391393 equal parts, and 360000 of these parts constitute a yard.
406. A Surface or Area has two di\men&ion&— length and breadth.
407. A Solid has three diimen&ions— length, breadth, and thickness.
LINEAR MEASURE.
408. Linear or Long Measure is used in measuring lengths and distances.
Table.
12 inches (in.) = i foot ft.
3 feet =1 yard yd.
5^ yards, or 1G feet = 1 rod rd.
320 rods.. = 1 statute mile mi.
Scale, descending, 320, 5^ 3, 12 ; ascending, 12, 3, 5^, 320.
1 Mile = 320 rods, or 5280 feet, or 63360 inches.
132
SQUARE MEASURE,
Special Table.
^ of an inch = 1 Size, applied to ^hoes.
18 inches = 1 Cubit.
3.3 feet = 1 Pace.
5 paces = 1 Rod,
4 inches = 1 Hand, used to measure
the height of animals.
6 feet = 1 Fathom, used to measure
depths at sea.
1.152 statute miles = 1 Geographic or
Nautical mile, used for measuring
3 geographic miles = 1 League, used for
measuring distances at sea.
00 geographic miles or 69.16 statute
miles = 1 Degree of Latitude on a
meridian, or Longitude on the equa
tor.
360 degrees = Equatorial circumfer
ence of the earth.
1 geographic mile = 1 Knot, used to
determine the speed of vessels.
distances at sea.
Remarks. — 1. In civil engineering, and at the Custom Houses, the foot and inch are divided
into tenths, hundredths, and thousandths.
2. The yard is divided into halves, quarters, eighths, and sixteenths, for measuring goods
sold by the yard.
3. The furlong of 40 rods is little used.
4. Deirrees are of unequal length; those of latitude varying from 68.72 miles at the Equator
to 69.31 miles in the polar regions. The average length, 69.16 miles, is the standard adopted
by the United States Coast Survey.
5. A degree of longitude is 69.16 statute miles at the equator, but decreases gradually toward
the poles, where it is 0.
KXA3IPI.ES FOK PRACTICE.
Remark. — For assistance refer to Rules under Troy Weight.
409. 1. Eeduce 2 mi. 1 rd. 7 ft. to inches.
Reduce 2501877 inches to higher denominations.
AVhat part of a mile is ^V of a foot ?
Reduce f of a mile to integers of lower denominations.
What fraction of a rod is 11 ft. 2 in. ?
Reduce .542 of a mile to integers of low^er denominations.
Reduce 285 rd. 7 ft. 4 in. to the decimal of a mile.
A wheelman ran 71 mi. 246 rd. 1 yd. 2 ft. 6 in. in the forenoon, and 20
mi. 10 rd. 8 in. less in the afternoon. What distance did he run in the
entire day ?
9. If a yacht makes an average of 227 mi. 227 rd. 2 yd. 2 ft. 2 in. per
day, for the seven days of a week, what distance will be passed ?
10. If the Sei'via steams 2905 mi. in six days, what is her average rate per day?
SQUARE MEASURE.
410. Square Measure is used for computing the surface of land, floors,
boards, walls, roofs, etc.
411. The Area of a figure is the quantity of surface it contains.
412. An Angle is the difference in the direc
tion of two lines j)roceeding from a common point
called the vertex.
2.
3.
4.
o.
6.
7.
8.
Angle.
SQUARE MEASURE.
133
Two Right Angles.
413. A Right Angle is the angle formed
when one straight line meets another so as to
make the adjacent angles equal. The lines form
ing the angles are said to he 2)erpe7idicidar to each
other. E and F are right angles, and the lines
A B and C D are perpendicular to each other.
Rectangle.
3 inches.
Contents
Six
inclies.
3X2 in. =6 8q. in.
3 feet.
'•one! ' !
^°^r [QUE
square:
YARD
414. A Rectangle is a plane or flat surface,
having four straight sides and four square corners,
or four right angles.
415. The Contents or Area of any surface
having a uniform length and a uniform breadth is
found by multiplying the length by the breadth.
In the accompanying diagram, in which the angles
{a, b, c, d), are all right angles, and the corners all
square corners, the area is 6 square inches, and is
found by multiplying 2 inches by 3 inches.
416. A Square is a figure bounded by four equal
lines, and having four right angles.
Remark. — A square inch is a square, each side of which is
1 inch. A square foot is a square, each side of which is 1 foot.
A square yard is a square, each side of which is 1 yard.
3 X 3 ft. = 9 sq. ft. = 1 sq. yd.
Table of Square Measure.
144 square inches (sq. in.) = 1 square foot.
9 square feet = 1 square yard .
sq. ft.
sq. yd.
30i square yards, or ( _. , j
272i square feet ....\     i square loci sq. i a.
IGO square rods = 1 acre A.
040 acres = I square mile sq. mi.
36 square miles (6 miles square), = 1 township Tp.
Scale, descending, 36, 640, 160, 30^, 9, 144; ascending, 144, 9, 30^, 160, 640, 36.
Remark. — All the units of square measure, except the acre, are derived by squaring the
corresponding units of linear measure; as, a square foot is a surface one foot square; a
square rod is a surface 1 rod or 16^ feet square; a square mile is a surface 1 mile or 320 rods
square.
134 SQUARE MBASFEE.
417. The Unit of Land Measure is the acre, equal to 208.71ft. x
208. 71 ft.
Remarks. — 1. In sections of the United States where the original grants were from France,
the arpent, a French unit of surface, equal to about % of an acre, is still sometimes used.
2. The Rood, equal to 40 square rods, is but little used.
418. Dimension stuff is sold by hoard measure.
419. The Unit of Board Pleasure is a square foot surface, oue inch
thick, called a hoard foot.
420. To Find the Number of Board Feet in a Board.
llule. — Multiply the length in feet hy the ividth in iivches, and divide
by 12; the quotient jrill he the iiumher of square feet.
Rkmark. — If the 'board tapers evenly, find the mean or average width, by adding the
width of the two ends, and dividing by 2.
4*21. To Find the Number of Board Feet in Timbers or Planks.
^w\e.— Multiply the length in feet hy the product of the ividth and
thickness in incites, and divide by 12.
422. To Find the Number of Squares in a Floor or Roof.
Remark. — In flooring, roofing, slating, etc., the square, or 100 square feet, is used as a unit
of measure.
Rule.— Poi;/^ off two decimal places from the right of the numher of
surface feet
423. To Find the Number of Yards of Carpeting that Would be Required to
Cover a Floor.
Rule.— I. Divide one of the dimensions of the floor by 3, add the
wastage, if any, and the result ivill be the length, in yards, of 1 strip of
the carpet.
II Divide the other dimension by tlie width of the carpet, and the
quotient will be the iiuviher of strips it will take to cover the floor.
III. Multiply the length of each strip by the number of strips, and the
product will be the nmnhcr of yards required.
Remark. — In carpeting and papering, it is usually necessary to allow for certain waste in
matching the figures of patterns, and often carpets may be laid with less waste one way of the
room than the other. Dealers charge for all goods furnished, regardless of the waste.
KXAMPLKS rOK I'KACTICK.
Remark. — For assistance refer to rules under Troy Weight.
424. 1. Reduce 5 A. 110 sq. rd. 7 sq. ft. to square inches.
~. Eeduce 4 sq. mi. 527 A. 105^ S(. rd. to square feet.
3. Reduce .1754 of a S(iuare mile to lower denominations.
SQUARE MEASURE. 136
4.. Reduce \^ of an acre to lower denominations.
5. What fraction of a square mile is j\ of a square foot?
6. "What decimal part of an acre is 150 sq. rd. 3 sq. yd. 7 scj. ft. 100
rsq. in.
V
7. From .0375 of an acre take \^ of a square rod.
8. To the sum of ^, f, and ^ of an acre, add .0055 of a square mile.
9. How many squares in a roof, each side of which is 2G x CO feet?
10. How many yards of carpet, 1 yard wide, Avill be required to cover a floor
10.5 yd. long by 6 yd. Avide, if no allowance be made for matching ?
11. IIow many feet in 8 boards, each 15 ft. long, 9 in. wide, and 1 in. thick?
12. How many feet in 15 boards, each IG ft. long and 1 in. thick, the boards
being 13 in. wide at one end and 10 in. at the other?
13. How many acres in a square field, each side of which is 04 rods in
length?
14. "What will be the cost of a tract of land 508 rd. long and 1350 rd. wide,
at $25 per acre?
13. A field 87^ rd. wide and 240 rd. long, produced 27f bu. of wheat to the
4icre. What Avas the crop Avorth, at 90^ per bushel?
16. A farm in the form of a rectangle is 75 rd. Avide; if the area is 107.5 A.,
hoAV long is the farm?
17. I wish to build a shed which will coA'er f of an acre of land. If the Avidth
of the shed is 42 ft., what must be its length?
15. 17.75 bu. of timothy seed is sown on land, at the rate of 6 lb. per acre.
What is the area thus seeded?
10. What is the difference between a square rod and a rod square?
20. What is the difference between two square rods and tAvo rods square?
21. A square yard will make how many surfaces 5 in. by 9 in. ?
22. IIow many acres of flooring in a sixstory block 100 ft. by 220 ft. ?
23. A rectangular field containing 10^ A. is 45 rd. wide. What is its length?
24. How many fields, each of 10 A. 50 sq. rd. 21 sq. yd. 5 sq. ft. and 28 sq.
in., can be formed from a farm containing 124 A. 40 sq. rd. 10 sq. yd. 8 sq. ft. 48
sq. in. ?
25. HoAv many acres in v^ road 17200 ft. long and 00 ft. wide?
26. AVhat Avill be the cost, at $3.50 per M, of the shingles for a roof 26 ft.
Avide and 110 ft. long, if the shingles are in. Avide and 4 inches of their length
be exposed to the Aveather?
27. A hall 7 ft. Avide and 19 ft. long is covered witli oil cloth, at 05^ per
.sq. yd. HoAv much did it cost?
28. If a farm of 100 A. 94 sq. rd. is divided equally into 11 fields, Avhat
will be the area of eacii field ?
29. Reduce 240089740 sq. in. to higher denominations.
30. HoAv many rods of fence Avill enclose 100 A. of land lying in the form
of a square ?
31. IIow many additional rods aviII divide the farm into four fields of ecjual
.iirea ?
136 SC^lARE MEASURE.
32. How many yards of brussels carpeting, f of a yard wide, laid length
wise of the room, will be required to cover a room 23 ft. by 17 ft. 4 in., if the
waste in matching be 6 in. on each strip ?
Remark. — When the width of the room is not exactly divisible by the width of the carpet,
drop the fraction in the quotient and add 1 to the whole number. The waste in such cases is.
either cut off or turned under in laying.
3S. AVhat will it cost, at 21^ per sq. yd., to plaster the sides and ceiling of a
room 24 ft. by 3U ft. and 10^ ft. his:li, if onesixth of the surface of the sides
is taken up by doors and windows ?
34.. A street 4975 ft. long and 40 ft, wide was paved with Trinidad asphaltum,
at $2. 65 per square yard. What was the cost ?
35. A skating rink, 204 ft. by 196^ ft., was floored with 2 in. plank, at $23.50
per M. What was the cost of the lumber ?
36. What will be the cost of the carpet border for a room 10^ ft. by 21 ft., if
the price be G2^^' per yard ?
37. How many single rolls of paper, 8 yd, long and 18 in. wide, will it take to
cover the ceiling of a room 56 ft. long and 27 ft. 4>in. wide, if there be no Avaste
in matching ?
Remark.— When no allowance is made for waste in matching, divide the surface to be
papered by the number of square feet in one roll of the paper.
38. How many yards of carpeting, £ of a yard wide, Avill be required to carpet
a room 32 ft. long and 25 ft. wide, if the lengths of carpet are laid crosswise of
the room, and 8 inches is lost on each length in matching the pattern ? How
many yards if the lengths are hiid lengthwise and 6 in, is lost in matching ? If
the carpet is laid in the most economical way, what will be the cost, at $2.55 per
yard ?
39. How many sheets of tin, 20 in. liy 14 in., will be required to cover a roof
60,5 ft, wide and 156.25 ft. long ?
40. What is the difference between four square feet and four feet square ?
41. What will it cost, at $1.15 per yard, to carpet a flight of stairs 11 ft. 4 in_
high, the tread of each stair being 10 in. and the riser 8 in.?
42. How many shingles, averaging 4 in, wide and laid 5 in. to the weather,
will cover the roof of a barn, one side of the roof being 24 ft. wide and the other
42 ft, wide, the length of the barn being 60 ft. ?
43. Divide an acre of land into 8 equal sized lots, the length of each of
which shall be twice its frontage. What will be the dimensions of each lot ?
44 How many granite blocks, 12 in. by 18 in., Avill be required to pave a mile
of roadway 42 ft. in width ?
45. What will be the coot, at 20/' per s(. yd., for plastering the ceiling and
walls of a room 22 ft. wide, 65 ft. long, and 15 ft. high, allowance being made
for 8 doors 4 ft. 6 in. wide by 11 ft. 6 in. high, and 10 windows each 42 in. wide
by 8 ft. high ''
46. I wish to floor and ceil a room 27^^ yd. long and 15 yd. 2 ft. wide, with
matched pine. What will be the cost of the material, at !26.40 i>er M ?
SQUARE ROOT. 137
INVOLUTION.
425. A Power of a number is the product arising from multiplying a
number by itself, or repeating it several times as a factor.
426. A Perfect Power is a number that can be exactly produced by the
involution of some number as a root; thus, Gi and 16 are perfect powers, because
8x8 =64, and 2 X 2 X 2 X 2 = 16.
427. The Square of a number is its second poiver.
428. The Cube of a number is its third power.
429. Involution is the process of finding any power of a number; and a
number is said to be involved or raised to a power, when any power of it is found.
• KXAMPLKS rOIt PKACTICE.
430. 1' What is the square of 1 ?
2. What is the square of 3 ?
3. What is the square of 4 ?
Jf. What is the square of 5 ?
5. What is the square of 9 ?
6. AVhat is tlie square of 10 ?
7. What is the square of 99 ?
8. What is the square of 250 ?
Remark. — From the solution of the above examples the pupil will observe:
1st. That the square of any number expressed by one figure cannot contain less than 1 nor
more than 2 places.
2d. That the addition of I place to any number will add 2 places to its square.
EVOLUTION.
431. Evolution is the process of extracting the root of a number considered
as a power. It is the reverse of Involution, and each may be proved by the
other.
432. A Root of a number is one of the equal factors which, multiplied
together, will produce tlie given number; as, 4 x 4 x 4 = 64; 4 is the root fnmi
which the number 64 is produced.
SQUARE ROOT.
433. The Square Root of a Number is such a number as, multij)lied by
itself, will produce the required number.
434. The operation of finding one of the two equal factors of a square, or
product, is called extractinfj the square root.
Remark.— The square root of any number, then, is one of its two equal factors, the given
number being considered a product.
435. In practical operations, a surface and one of its diuieusious being given,
the wanting dimension is found by dividing the surface ])y tlie given dimension.
138
SQUARE ROOT.
The accompanying diagram is a square 14 feet by
14 foot. Its square feet, or area, is by inspection
found to be made up of:
1st. The tens of 14, the number representing the
length of one side, or 10 squared — 100 square feet,
as shown by the square within the angles a, b, c, d.
2d. Two times the product of the tc7is by the nnits
of the same number, or 2 (10 x 4) = 80 square feet,
as shown by the surfaces within the angles e, f, g, h,
and /, j, k, I.
3d. The square of the units, 4 feet, or the product
of 4 ft. by 4 ft. = 16 square feet, as shown by the
square within the angles w, x, y, z.
14 Et.MO Ft. & + F b. ^
Hence, a square 14 feet on each side will contain 10 x 10 = 100 square feet.
2 (10 X 4) = 80 square feet.
4x4 =16 square feet.
196 square feet.
Or, the square of 14 is made up of or equals the square of 10, plus twice the product of 10
by 4. plus the square 4, the number to be squared.
436. General Priuciples. — Tlie square of any mimher composed of tivo or
more fif/ures is equal to the square of the tens, plus twice the inoduct of the
tens multiplied hi/ the units, plus the square of the iniits.
a
dl
e
h
.A*
h
*
oK
L.
b
c
f
G
II.
i
I
w
S
^
J
K
X
Y
437
I'.vrrs,
1' =
2' —
3' =
4' =
5' =
6' =
»vj
t —
b' =
9' =
10' =
TJnits and Squares Compared.
Sqiakks. Remark. — Squaring the numbers from 1 to 10 inclusive, shows:
1st. That the square of any number will contain at least one place, or
one order of units.
2d. That the square of no number represented by a single figure will
contain more than two places. If the number of which the square root is
sought be separated into periods of two figures each, beginning at the
right, the number of periods and partial periods so made will represent
the number of unit orders in the root. Therefore, the square of any num
ber will contain twice as many places, or one less than twice as many, as
its root.
3d. "VThere the product of the left hand figure multiplied by itself is not
greater than 9, then the square will contain one less than twice as many
places as the root.
1
4
9
16
25
36
49
64
81
100
438. Example. — Find the square root of 625.
Operation.
0.25 )2 5
4= 400
ExPL.\NATioN. — The number consists of one full and
one partial period; hence its root will contain ^?ro places
— tens and units. The given number, G25, must be the
product of the root to be extracted multiplied by itself;
therefore, the first figure of the root, which will be the
highest order of units in that root, must be obtained
from the first left hand period, or highest order of units
in the given number. Hence, the first or tens figure of
the root will be the square root of the greatest perfect square in 6. 6 coming between 4, the
square of 2, and 9, the square of 3, its root must be 2 tens with a remainder. Subtracting
20 X 2 = 40
5
45
225
225
rem.
rem.
SQUARE ROOT. 139
from the 6 hundreds or 6, the square of 2 (tens) = 400 or 4, gives 225 as a remainder. Having
now taken away the square of the tens, the remainder, 225, must be equal to 2 times the tens
multiplied by the square of the units, plus the square of the units. Since the tens are 2 or 20,
twice the tens = 40. Observe, therefore, that 225 must equal 40 times the zinits of the root,
together with the square of such units. If, then, 225 be divided by 40, the quotient, 5, will
nearly, if not exactly represent the units of the root sought. Using 40, then , as a trial divisor, the
second, or unit figure of the root is found to be 5. The term, ticice th€ tens multiplied by the
units, is equal to 2 (20 X 5), or 200, and the units, or 5, squared = 25; the sum of these wanting
terms, or 225, is the remainder, or what is left after taking from the power the square of the
first figure of the root. Therefore, the square root of 625 is 25.
Rule.— I Beginning at the right, separate the given niunher into
periods of two places each.
II. Take the square root of the greatest perfect square contained in the
left hand period for the first root figure ; subtract its square from the
left hand period, and to the remaUvder hring down the next period.
III. Divide the Tiumher thus obtained, exclusive of its units, by twice
the root figure already found for a second quotient, or root figure; place
this figure at the right of the root figure before found, and also at the
right of the divisor; multiply the divisor thus formed by the new root
figure, subtract the result from the dividend, and to the remainder bring
down the next period, and so proceed till the last period has been brought
down, considering the entire root already found as so many tens, in
deteimining subsequent root figures
Rem.\rks. — 1. Whenever a divisor is greater than the dividend, place a cipher in the root
and also at the right of the divisor; bring down another period and proceed as before.
2. When the root of a mixed decimal is required, form the periods from the decimal point
right and left, and if necessary supply a decimal cipher to make the decimal periods of two
places each.
3. A root may be carried to any number of decimal places by the use of decimal periods.
4. Any root of a common fraction may be obtained by extracting the root of the numerator
for a numerator of the root, and the root of the denominator for the denominator of the root.
5. To find a root, decimally expressed, of any common fraction, reduce such common frac
tion to a decimal, and extract the root to any number of places.
KXAMPLESi I'OK VKACTICK,
4:31). 1. Find the square root of ] 96.
2. Find the square root of 225.
S. Find the square root of 144.
Jf. Find the square root of 576.
5. Find the square root of 1225.
6. Find the square root of 5025.
7. Find the square root of 42436.
8. Find the square root of 125.44.
9. Find the square root of 50.2681.
10. Find tlie square root of 482, carried to three decimal places.
11. Find the square root of 25.8, carried to two decimal places.
140 SQUARE ROOT.
12. Find tlie square root of 106.413, carried to four decimal places.
13. What is the square root of j^ ?
IJf. What is the square root of ff ?
15. What is the square root, decimally expressed, of , carried to three
decimal places ?
76\ What is the square root, decimally expressed, of ^\\, carried to two
decimal places?
11. What is the square root of 30368921, carried to one decimal place.
18. What is the square root of 4698920043, carried to two decimal places.
4:40. A Triangle is a plane figure having three
sides and three angles.
4il. The Base is the side on which the triangle
stands; as, a, c.
442. The Perpendicular is the side forming a
right angle with the base; as, a, h, in fig. S.
443. The Hypothenuse is the side opposite the
TRIANGLE. ^.jgj^^ ^^gj^. ^g^ ^^^ ^^ jj^ ^g_ g_
Fig. T. is a triangle, having angles at a, h, c.
Fig. S.
444. A Rightangled Triangle is a triangle liaving a
right angle.
Fig. S is a rightangled triangle, the angle at b being a right
angle. The line a h is the Perpendicular; tlie line h c \s the
Base; the line ac is tlie Hypothenuse.
Remark. — It is a geometrical conclusion that the square formed on the
hypothenuse is equal to the sum of the squares formed on the base and
the peqiendicular
RIOHTANOLEIJ
TRIANGLE.
445. To find tlie liy])Otlieiiuse, when the base and perpendicular are given.
Rule. — To the square of the base add tlie square of tlie iierpendicular, and
extract the square root of their sum.
To find the base, when the hypothenuse and perpendicular are given.
Rule. — From the square of the h^jpothcnuse take the square of the perpen
dicular, and extract the square root of the remainder.
To find the perpendicular, when the hypothenuse and base are given.
Rule. — Take the square of the base from the square of the hypothenuse, and
extract the square root of tlie remainder.
i:XAJ»IPL,K8 FOK PRACTICE.
446. 1. The base of a figure is G ft. and the perpendicular 8 ft. Find
the hypothenuse.
2. The perpendicular is 17.5 ft. and the base is 46.6 ft. Find the hypoth
enuse to three decimal places.
SURVEYOR S LONG MEASURE. 141
S. The hypothenuse is 110 ft. and the base is 19.5 ft. Find the perpendic
ular to two decimal places.
Jf.. Tlie hypothenuse is 86 ft. and the base is equal to the perpendicular. Find
both of the wanting terms to two decimal places.
5. The hypothenuse is 127 ft. and the base is equal to ^ of the perpendicular.
Find wanting terms to three decimal places.
Remarks. — 1. Observe, in example 4, that the square root of l_ the square of the hypothenuse
is equal to the base; and in example 5, that the square root of \ of the square of the hypothenuse
is equal to the base.
2. Carry all roots to two decimal places.
6. "What is the length of one side of a square field, the area of which is one
acre ?
7. How many feet of fence will enclose a square field containing five acres?
8 I wish to lay out ten acres in tlie form of u square. What must be its
frontage in feet and inches?
9. What is the distance from the top of a perpendicular flagstaff 105 ft.
high to a point 4 rods from the base and on a level. with it?
10. What is the width of a street in which a ladder 60 ft. long can be so
placed that it will reach the eaves of a building 40 ft. high on one side of the
street, and of another building 50 ft. high on the opposite side of the street?
11. What length of line will reach from the lower corner to the opposite
upper corner of a room 64 ft. long, 27 ft. wide, and 21 ft. high?
12. If a farm be one mile square, how far is it diagonally across from corner
to corner? Find the answer in rods, feet, and inches.
13. IIow many rods of fence will enclose a square field containing 20 acres?
14 A farm of 180 acres is in the form of a rectangle, the length of which is
twice its width. How many rods of fence will enclose it?
15. AVhat will be the base line of a farm of 136 A. 40 sq. rd. if it is in the
form of a rightangled triangle, with the base equal to the perpendicular?
SURVEYOR'S LONG MEASURE.
447. The Unit of measure used by land surveyors is Gunter's Chain, 4 rods,
or QQ feet, in length, and consisting of 100 links.
Remark. — Rods are seldom used in Surveyor's Measure, it being customary to give distances
jn chains and links or hundreths.
Table.
7.92 inches = 1 link ... 1.
25 links =1 rod rd.
4 rods, or 66 feet . . . = 1 chain . . ch.
80 chains, or 320 rods = 1 mile . . . mi.
Scale, descending, 80, 4, 25, 7.92; ascending, 7.92, 25, 4, 80.
142
SURVEYOR S SQUARE MEASURE.
448.
■3
£XA9IPI^S FOR PRACTICE.
Reduce 3 mi. 27 ch. 19 1. 4 in. to inches.
Reduce 14841 1. to higher denominations.
3. Reduce \^ of a chain to lower denominations.
4. Reduce .953 of a mile to links.
5. A lot having a frontage of 4 rods contains ^ of an acre. What is its depth
in chains, links, and inches?
6. A field 37 ch. 42 1. long, and 30 cli. 21 1. Avide, will require li6w many feet
of fence to enclose it?
7. How many rods of fence wire will enclose a farm "il ch. 50 1. long and
18 ch. 60 1. wide, if tlie fence be made 6 wires high ?
8. A garden is 307f feet long and 250 feet_wide. What is tlie girt, in
chains, links, and inches, of a wall surrounding it ?
9. An errand boy goes from his starting point east 33 ch. 50 1. 3 in., thence
north 14 ch. 90 1. 2 in., and returns. How many full steps of 2 feet 4 inches
did he take, and what was the remaining distance in inches ?
SURVEYOR'S SQUARE MEASURE.
449. The ITnit of land measure is the acre.
Table.
625 square links (sq. 1.) = 1 square rod sq. rd.
16 square rods =1 square chain. . sq. ch.
10 square chains, or ) _ ^ Y
160 square rods f "~
640 acres =1 square mile sq. mi. '
Remark. — In surveying United States lands, a selected Korth and South line is surveyed as
a Principal Meridian, and an East and West line, intersecting this, is surveyed as a Base Line.
From these, other lines are run at right angles, six miles apart, which divide the territory into
Townships six miles square.
The surface of the earth being convex, these merid
ians converge slightly. The towu.ships and sections
are, therefore, not perfectly rectangular; thus is cre
ated the necessity for occasional offsets called Cor
rection Lines.
Each township (Tp.) is divided into 36 equal
squares of 1 square mile each, as shown in the
first diagram. These squares are called sections
(Sec), and are divided into halves and quarters; each
quarter.section, 160 acres, is in turn divided into
halves, or lots of 80 acres, and quarter or half lots
of 40 acres each, as shown in the second diagram.
The row of townships running north and south is
called a Range; the townships in each range are
numbered north and south from the base line, and
Township. the ranges numbered east and west from the principal
CUBIC MEASURE.
143
N.
1 Mile.
g^
N. }4 Section.
320 Acres.
8. W. )i Sec.
160 A.
W.^of
S.E.J^
Sec.
80 A.
N. B. %
of S. E.
40 A.
S. E. H
of S. E
40 A.
8.
Section.
meridian. The numbering of the sections in every
township is as in the township diagram given, and
the corners of all quartersections are permanently
marked by monuments of stone or wood, and a
description of each monument and its location (sur
roundings) made in the field notes of the surveyor.
The advantages of the United States survey over
all others are: 1st, its official character and uni
formity; and 2d, its simplicity. Any one having a
sectional map of the United States may place a pencil
point upon any described land, thus knowing abso
lutely its exact location.
For example, Sec. 26, Tp. 24, N. of Range 8, E. of
the 5th Principal Meridian, describes a section in
the 24th tier of townships north of the base line,
and 8th range east of the fifth principal meridian.
EXAMPLES FoA PRACTICE.
450. i. Make a diagram of a township, and locate S. ^ of Sec. 21, and
mark its acreage.
2. Make a diagram of a township, and locate S. E. ^ of See. 16, and mark
its acreage.
3. Make a diagram of a township, and locate N. W. ^ of S. W. i of Sec. 12,
and mark its acreage.
4. Make a diagram of a township, and locate Sees. 35, 26, and E. 4 of 27,
and mark their acreage.
CUBIC MEASURE.
^
/
/
;FOOT
3 FT.
N
V V 
\v^
V \ V X^
\
\
\ \ \
\
451. Cubic Measure is used in measuring solids or
volume.
452. A Solid is that which lias length, breadth, and
thickness ; as the walls of Ijuildings, bins of grain, timber,
wood, stone, etc.
453. A Cube is a regular solid bounded
by six equal square sides, ot faces ; hence its
length, breadth, and thickness are equal.
454. The Measuring Unit of solids
is a cube, the edge of which is a linear unit.
Thus a cubic foot is a cube, each edge of
Avhich is 1 foot ; a cubic yard is a cube, eacli
edge of which is 1 yard. See the accom
panying diagrams.
CUBIC YARD
144
CUBIC MEASIRE.
455. To Find the Volume of a Solid.
Rule. — Multiply iogethei its IcngtJt, hicadth, and tlii^ikueiis.
Table.
1728 cubic inches (cu. in.) = 1 cubic foot cu. ft.
27 cubic feet.. = 1 cubic yard cu. yd.
128 cubic feet . = 1 cord of wood ..cd.
Special Cubic Measures.
100 cubic feet = 1 register ton (shipping).
40 cubic feet = 1 freight ton (shipping).
16^ cubic feet = 1 perch of masonry.
456. A Cord of
■wood is a pile 8 feet
long, 4 feet wide, and
4 feet high.
457. A Cord Foot
g is one foot in length of
sucli a pile.
458. To Find the Cubical Contents of Square Timber.
Bule. — Multiply together the feet ineasurements of length, width, and
depth .
459. To Carry Timbers, one person supporting an end and two others with
bar.
DiKFxnoNS. — Let the tiro with the bar lift at a point J the length from the end.
REM.VRK. — 1. Formerly a perch of masonry was 24 cu. ft.; but the perch of 16 cu. it.,
which is 16^ ft. long, 1 ft. high, and 1 ft. wide, is now in general use.
2. A cubic yard of earth is called a load.
3. Mechanics estimate their work on walls by the girt, and no allowance is made for windows
or doors. In estimating the amount of material required, such allowances are made.
Formulas for Rectaugular Solids.
Lemjtlt X Breadth x Higlit = Volume.
Volume H {Length X Breadth) = Eight.
Volume = {Length X Sight ) = Breadth.
Volume = (Breadth x Hight) = Length.
Remark. — The three given dimensions must be expressed in units of the same denomination.
46<). To Find the Number of Bricks for a WaU
^\\U.— Multiply the cubic feet by 23%, and add %U.
Rem.\rk. — For guide in purchasing material the above will be found correct for bricks
8 in. X 4 in. x 2 in., after allowing for mortar.
EXAMPLES FOR PRACTICE. 145
461. To Find the Number of Perches in a Wall.
Rule. — Divide the contents of the wall, in feet, hy 16H.
EXAIMTPLES FOK PKACTICE.
462. ?. Reduce 468093 cu. in. to higher denominations.
3. Reduce 132 cu. yd. 11 cu. ft. 981 cu. in. to cubic inches.
3. What is the volume of a solid 8 ft. 3 in. long, 5 ft. 10 in. high, and 4 ft.
•6 in. wide ?
4. How many cubic feet of air in a room 26 ft. 8 in. long, 22 ft. 6 in. wide,
and 12 ft. high ?
5. How many cubic yards of earth must be removed in digging a cellar 60 ft.
long, 30^ ft. wide, and 7^ ft. deep ?
6. How many perches of masonry, of 16^ feet each, in a wall 85 ft. long, 32
ft. high, and li ft. thick ?
7. Reduce  of a cubic inch to the fraction of a cubic yard.
8. What decimal part of a cubic yard is 7 cu. ft. 108 cu. in. ?
9. What fraction of a cubic foot is 220 cu. in. ?
10. Reduce .525 of a cubic yard to lower denominations.
11. What will be the cost, at 21(^' i)er cubic yard, of excavating for a reser
voir 180 ft. long, 105 ft. 3 in. wide, and 15 ft. 9 in. deep ?
12. What will be the cost of building the walls of a block 140 ft. long, 66 ft.
wide, and 57 ft. high, at $1.40 per perch of 16^ cu. ft., if the wall is 16 in.
thick, and no allowance bo made for openings ?
13. How many common bricks will be required for the above wall, allowance
being made for 28 windows each 3^ ft. wide and 8 ft. high, 48 windows each
3 ft. 9 in. wide and 8 ft. high, and 4 doors each 8 ft. wide and 11 ft. high ?
14. A room 28 ft. long, 18 ft. wide, and 12 ft. high, will store how many
•cords of wood ?
lo. How many cords of wood in a pile 108 ft. long, 7 ft. 9 in. high, and
•6 ft. wide ?
16. From a i)ilo of wood 71 ft. 6 in. long, 9 ft. 4 in. wide, and 6 ft. 8 in.
bigh, 21f cords were sold. What was the length of the pile remaining ?
17. At $4.75 per cord, what will it cost to fill with wood a shed 34 ft. long,
18 ft. wide, and 10 ft. high ?
18. What is the weight of a block of granite 11 ft. 3 in. long, 3 ft. G in.
thick, and 8 ft. 4 in. wide, if it weiglis 166 lb. per cubic foot ?
19. What is the weight of a white oak timber 15 in. square and 40 ft. long,
if the weight per cubic foot be 72.5 lb. ?
20. How many cubes 1 in. on each edge can be cut from a cubic yard of
wood, if no allowance be made for waste by sawing ?
21. Find the contents of a cube,^ each edge of which is 2 yd. 7^ in.
22. How many perches of masonry in a wall 7^ ft. high and 2 ft. thick,
•enclosing a yard 12J rods long and 9^ rods wide ? How many bricks will be
required, and if bricks cost $6.50 per M and laying them cost $1.60 per M,
"what will be the cost of the wall ?
10
i46 producers' and dealers' approximate rules.
23. What is the volume of a rectangular solid 11 ft. long, i^ ft. wide, and
4 ft. high ?
2j^ a cask holding %bQ\ gal. of water will hold how many bushels of wheat?"
PRODUCERS' AND DEALERS' APPROXIMATE RULES.
163, To find the contents of a bin or elevator in bushels, stricken measure.
Rule. — Miiltiply the cubic feet bj/.S, and add 1 bushel for each 300, or in that
proportion.
To find the contents of a bin or crib in bushels, by heaped measure.
Rule. — Multiply the cubic feet by .63.
Remark. — If the crib jlare, take the mean width.
To find the number of shelled bushels in a space occupied by unshelled com^
Rule. — Divide the cubic inches by SSJfO, or multiply the cubic feet by Jf5.
To find the dimensions of a bin to hold a certain number of bushels.
Rule. — To the number of bushels add onefourth of itself, and the sutn will be
the cubic feet required, to loithin one threehundredth part.
To find the exact number of stricken bushels in a bin. Rule. — Divide the
cubic inches by 2150.42.
To find the exact number of heaped bushels in a bin. Rule. — Divide the
cubic inches by 2747. 71.
To find the capacity of circular tanks, cisterns, etc. Rule. — The square of
the diameter, multiplied by the depth in feet, ivill give the number of cylindrical
feet. Multiply by 5^ for gallons, or multiply by .1865 for barrels.
Remark. — In tanks or casks having bilge, find the mean diameter by taking onehalf of the
Bum of the diameters at the head and bilge.
To find the number of perches of masonry in a wall, of 24f cubic feet in a
perch. Rule. — Multiply the cubic feet by .0404.
To find the number of perches of masonry in a wall, of 1(J^ cubic feet in a
perch. Rule. — Multiply the cubic feet by .0606.
Remark.— The above is correct within ^^^^ part. In large contracts add ^^ of 1%.
Example. — How many perches, of 24f cu. ft. each, in a wall 150 ft. long, 50
ft. high, and 3 ft. thick?
Explanation.— 5A<^< Metliod.—lbQ X 50 x 2 = 15000; 15000 x .0404 = 606; add y^, or
.606 = 606.606.
Extended Method.— 150 x 50 X 2 = 15000; 15000 h 24.75 = 606.6, same as before.
Same example, perch of 10^ cu. ft.
Explanation. SAorf Met/u>d.— 150 x 50 x 2 = 15000; 15000 x .0606 = 909; add j^'^^ = .9;
909 + .9 = 909.9.
To find the number of cubic feet in a log. Rule. — Divide the average
diameter in inches by 3, square the quotient, multiply by the length of the log
in feet, and divide by 36.
CUBE ROOT. 147
To find the number of feet, board measure, in a log. Rule. — Multiply the
cubic feet, as above obtained, by 9.
HAY MEASUREMENTS.
464. Few products are so difficult of accurate measurement as hay, owing to
the pressure, or the want of it, in packing, time of settling, volume in bulk, and
freedom from obstruction in packing. Plainly, the larger (higher) the stack, or
mow, and the greater the foreign weight in compress, the more comi)act it will be.
465. The accepted measurements are of three kinds:
1st. To find the weight of hay in a load or shed loft, unpressed. Eule. — Allow
5Jfi cubic feet for a ton.
2d. TofindthcAveight in common hay barn, or small (low) stack. Eule.— ^l/Zo?/'
Jfi5 cubic feet for a ton.
3d. To find the Aveight in mow bases in barns, compressed with gram, and
in butts of large stacks of timothy hay. Eule. — Alloir 32Jf. cubic feet for a ton.
CUBE ROOT.
466. The Cube or Third Power of a number, is the product of three equal
factors.
467. The Cube Root of a number is one of the three equal factors the
product of which represents the cube. Thus, a cubic foot = 13 X 12 X 12, or
1728 cubic inches, the product of its length, breadtli, and thickness; and since
12 is one of the three e(ual factors of 1728, it must be its cube root.
468. The operation of finding one of the equal factors of a cube is called
extracting the ciibe root.
469. As shown in the explanation of extracting the square root, the first
point to be settled in extracting any root is the relative number of unit orders
^or places in the number and its root.
470. XJnit^ and Cubes Compared.
Remauk. — From this comparison may be inferred the following:
1st. The cube of any number expressed by a single figure cannot have
less than one nor more than three places or unit ordeis.
2d. Each place added to a number will add three places to its cube.
3d. If a number be separated into periods of three figures each, begin
ning at the right hand, the number of places in the root will equal the
number of periods and partial periods if there are any.
10' = 1000
471. To help in understanding the cube root, first form a cube and thus
ascertain its component parts or elements. Take 57 as the number to ])e cubed.
U.MTS.
Cubes.
1'
=
1
2*
=
8
3*
=
27
■i'
=
64
5'
=
125
C
=
21G
=:
343
8*
=
512
9'
=
729
148
CUBE ROOT.
(50* X
+ 2 (50'
50»
50 + 7
50 + 7
(50 X 7) + 7'
+ (50 X 7)
50^4
 2 (50 X 7) + 7'^
50 + 7
50»
7) +
X7)
2 (50 X 7") + r
+ (50 X T)
Explanation. —Cubing 57, we
have 57 x 57 x 57 = 185193; or,
separating 57 into its tens and units
gives 5 tens or 50 f 7 units; or,
50 \ 7. Cube the given number,
by using it in this form three times
as a factor, and the result is 185193.
50' + 3 (50* X 7) + 3 (50 X 7') + 7= = 185193
472. From this result observe that 57^ = the cube of the tens, plus three
times the square of the tens multiplied by the units, plus three times the tens,
multiplied by the square of the units, plus the cube of the units; or that the
cube of any number made up of tens and iinifs = t' + 3t' u + 3 t u' + \i\
which for the purpose of reference we will call Formula {a). And if all orders
above simple units are considered tens, Formula {a) will apply to the cube of any
number.
•473. To assist in understanding the operation of extracting the cube root,
observe the forms and dimensions of the illustrative blocks, and the relation of
each to the other in the formation of the complete cube.
• Operation
t u
t3 + 3t2u + 3tu2 + u3=185.193 [5 7
t3 = 125 .o r 125000
StMi + 3tu2+ u3= 60193 = rem.
3t:
t = 50
t2 = 25U0
3 t2 = 7500
3t = 150
+ 3 t = 7650 trial divisor.
3t2u
3tu2
u^ =
52500
7350
343
3 t2 u + 3 t u2 + u3 = 60193.
Explanation. — Since the block (A)
is a cube, the number representing the
length of its side will be its cube root.
The given number consists of two
periods of three figures each, therefore
its cube root will contain two places,
tens and units.
Since the given number is a product
of its root taken three times as a factor,
the first figure, or highest order of the
root, must be obtained from the first
left hand period, or highest order of the
power; therefore, find first the greatest
cube in 185; since 185 comes between
125 (the cube of 5) and 216 (the cube of
6) the tens of the root must be 5 plus a
certain remainder; therefore, write 5 in
the root as its tens figure.
Subtracting the cube of the root
figure thus found (5 tens, or 50)' =
125000, by taking 125 from the left
hand period, 185, and so obviate the
necessity of writing the ciphers ; to
this remainder bring down the next, or
right hand period, 193, thus obtaining
as the entire remainder 60193.
Referring to Formvla (a), observe
that, having subtracted from the given
number the cube of its tens ( t' ), the
remainder, 60193, must be equal to 3 t'
u + 3tu* + u''.
CUBE ROOT.
U9
If a cube (B), 50 inches in length on each side, h fonned, its contents will equal 125000
cubic inches, and it will be shown that the
remaining 60193 cubic inches are to be so
added to cube (B) that it will retain its
cubical form. In order to do this, equal ad
ditions must be made to three adjacent sides,
and these three siiles, being each 50 inches in
length and 50 inches in width, the addition to
each of them in surface, or area, is 50 ^ 50,
or 50, and on the three sides, 3 (50*), or 3 t«,
as in the squares (C). It will also be observed
that three oblong blocks (D) will be required
to fill out the vacancies in the edges, and also
the small cube (E), to fill out the corner.
Since each of the oblong blocks has a length of
5 tens, or 50, inches, the three will have a length of
3 X 50 inches, or 3 t. Observe, now, the surface to
be added to cube (B), in order to include in its con
tents the 60193 remaining cubic inches, has been
nearly, but not exactly obtained ; and since cubic
contents divided by surface measurements must give
units of length, the thickness of the three scjuares
(C), and of the three oblong pieces (D), will be de
termined by dividing 60193 by the surface of the
three squares, plus the surface of tbe three oblong
blocks, or by 3 t + 3 t ; this division may give a
quotient too large owing to the omission in the di^^•
sor of the small square in the corner; hence such
surface measure taken as a divisor, may with pro
priety, be called a trial divisor. So using it, 7 is
obtained as the second, or unit figure of the root.
Assuming this 7 to be the thickness of the three
square blocks (C), and both the hight and thickness
of the three oblong blocks (D), gives for the solid
contents of the three square blocks (C), 52500, and
for the solid contents of the three oblong blocks (D),
7350, or 3 t uf 3 t u = 59850 ; and by reference
to the Formula (a), observe that the only term or ele
ment required to complete the cube of (t f u) is the
cube of the units (u ^).
Now, by reference to the illustrative blocks, observe
that by placing the small cube (E) in its place in the
corner, the cube is complete. And since (E) has been
found to contain 7 X 7 X 7, or 343 cubic inches, add
this to the sum of 3 t u 3 tu u^ and obtain 3 t u
f 3 t u2 + u» = 60193; and if to this t\ or 125000
is added, the result is t» +3 t uf3 t u« u» =
185193, Forimdn (a); then subtracting 60193 from
the remainder, 60193, nothing remains.
This proves that the cube root of 185193 is 57. By
the operation is also proved the correctness of Form
ula {a) : The cube of any number equals the cube of
its tens, plus three times the square of its tens mul
tiplied by its units, plus three times its tens multiplied by the square of its units, plus the cube
of its units.
150 EXAMPLES FOR PRACTICE.
Bule. — I. Beginning at the right, separate the given number into
periods of three figicres each.
II. Take for the first root figure the cube root of the greatest perfect
cube in the left hand period; subtract its cube from this left hand
period, and to the remainder bring down the next period.
in. Divide this remainder, using as a trial divisor three times the
square of the root figure already found, so obtaining the second or units
figure of the root; next, subtract from the remainder three times the
square of the tens muUiplied by the units, plus three times the tens
multiplied by the square of the units, plus the cube of the units.
Remarks. — 1. In examples of more periods than two, proceed as above, and after two root
figures are found, treat both as tens for finding the third root figure. For finding subsequent
root figures, treat all those found as so many tens.
2. In case the remainder, at any time after bringing down the next period, be less than the
trial dirUor, place a cipher in the root and proceed as before.
3. Should the cube root of a mixed decimal be required, form periods from the decimal point
right and left. If the decimal be pure, point off from the decimal point to the right, and if
need be annex decimal ciphers to make periods full.
4 To obtain approximate roots of imperfect cubes, to any desired degree of exactness,
annex and use decimal periods.
5. The cube root of a common fraction is the cube root of its numerator divided by the cube
root of its denominator.
6. The cube root of any common fraction may be found to any desired degree of exactness,
either by extracting the root of its terms separately (adding decimal periods if need be) or by
first reducing the common fraction to a decimal and then extracting the root.
7. The 4th root can be obtained by extracting the square root of the square root.
8. The 6th root is obtained by taking the cube root of the square root, or the square root of
the cube root.
EXAMPLES FOB PKACTICE.
4:74. 1. What is the cube root of 1728 ?
2. What is the cube root of 15625 ?
3. What is the cube root of 110592 ?
Jf. What is the cube root of 65939204 ?
5. Find the cube root of 2146, to three decimal places.
6. Find the cube root of 119204, to two decimal places.
7. Find the cube root of 46982, to one decimal jilace.
8. Find the cube root of ^^,
9. Find the cube root of y^^.
10. Find the cube root of g^^mH^.
11. Find the cube root of ^\\, to one decimal place.
12. Find the cube root of \l^^, to two decimal places.
15. Find the cube root of 25.41G23T, to two decimal places.
IJf. Find the cube root of 3496.25, to three decimal places.
16. Find the cube root of .4106, to three decimal places.
16. Find the decimal equivalent of the cube root of \\, to two decimal i)lace6,
by reducing tlie fraction to a decimal of six places and extracting the root of the
decimal.
MISCELLANEOUS MEASUREMENTS. 151
ir. What must be the liiglit of a cubical bin that will hold 1000 bu. of wheat?
18. The width and hight of a crib of unshelled corn are equal, and each is
onethird of its length. If the contents of the crib are 7465 bushels, what is
its length ?
19. If the hight of an oat bin is twice its width, and its length is three and one
half times its hight, what must be its dimensions, if the bin holds 1750 bushels?
20. A cubical cistern contains 630 barrels. How deep is it ?
21. A square cistern, the capacity of which is 420 barrels, has a depth equal
to onlv onehftlf its width. Find its dimensions.
DUODECIMALS.
475. Duodecimals are denominate fractious of either linear, square, or
■cubic measure. They are found by successive divisions of the unit by 12, and
are added, subtracted, multiplied, and divided in the same manner as compound
numbers, though they may be treated as fractions, 12 being the uniform denom
inator. The scale is uniformly 12.
476. The Unit of measure in Duodecimals is the foot. Its first division by
12 g'wes prinies ( ' ); primes divided by 12 give seconds ( " ), seconds divided by
12 give thirds ( '" ), and so on.
Remark. — Duodecimals are but little used.
MISCELLANEOUS MEASUREMENTS.
477. A Triangle is a plane figure bounded by three straight lines.
478 To find the area of a triangle, the base and hight being given.
KuLE. — MuUiph/ the base by onehalf the hight.
To find the area of a triangle, when the three sides are given. Rule. — Find
onehalf of the sum of the three sides; from this subtract each side separately;
multi2)ly together the four results thus obtained, and extract the square root of the
product.
To find the area of any plane figure, the ojiposite sides of which ara equal and
parallel. Rule. — Multiply the base by the perpendicidar hight.
To find the area of a plane figure, Avhose opposite sides are i)arallel but of
unequal length. Rule. — Obtain the average length, and multiply by the per
piendicular hight.
479. A Circle is a plane figure bounded by a curved line,
every part of which is equally distant from a i)oint within
called the center.
480. The Circumference of a circle is the curved line
boundinsj it.
152
MISCELLANEOUS MEASUREMENTS.
481. The Diameter of a circle is a straiglit line i)assiug through tlie center
and terminating in the circumference.
482. The Radius of a circle is a straight line i)as8ing from the center to
any point of the circumference.
483. To find the circumference of a circle, the diameter being given.
Rule. — Multiply the diameter hy S.lJflG.
To find the diameter of a circle, the circumference being given. Rule. — Divide
the circumference hy S.lJflG.
To find the area of a circle, the circumference and diameter being given.
Rule. — Multiply the circumference hy the diameter, and divide the product hy 4
To find the side of a square equal in area to a given circle. Rule. — Multiply
the circumference hy .2821.
To find the area of a square that can be inscribed within a given circle.
Rule. — Mulfijily the square of the radius hy 2, and extract the square root of the
result.
484. A Cylinder is a circular body of
uniform diameter, the ends of which are
parallel circles.
Remahk. — The convex surface of a cylinder is
equal to the surface of a rectangular body, the length
and hight of which are equal to the circumference
and hight of the cylinder. See the figure, A, B, C,
^, D, back of the cylinder in the acompanying diagram.
CYLINDER AND RECTANGLE.
485. To find the surface or area of a cylinder. Rule. — Multiply the cir
cumference hy the hight.
. To find the contents of a cylinder. Rule. — Multiply the area of the base by
the hight.
486. A Pyramid is a solid, the
base of Avhich has three or more equal
sides, terminating in a point called a
vertex.
487. A Cone is a solid which has
a circular base, its convex surface ter
minating in a point called a vertex.
PYRAMID.
488. To find the surface of a regular pyramid or cone. Rule. — Multiply
the perimeter or circumference of the base, by onehalf the slant hight.
To find the contents of a i)yramid or cone. Rule. — Multiply the area of the
base hy onethird the perpendicular hight.
EXAMPLES FOR PRACTICE. 153
489. A Sphere is a solid bounded by a curved
surface, all points of Avhich are equally distant from a
A point within called the center.
490. The Diameter of a sphere is a line drawn
through its center, terminating each way at the surface.
491. To find the surface of a sphere. Rule. — Multiply the square of its
diameter by 3. H16.
To find the volume of a sphere. Rule. — Multiply the cuhe of the diameter
hy .5236.
To find how large a cube may be cut from any given sphere, or may be
inscribed within it. Rule. — Divide the square of the diatneter of the sphere by
3, and extract the square root of the quotient; the root thus found will be the
length of one side of the cube.
To gauge or measure the capacity of a cask. Rule. — Multiply the square of
the mean diameter in inches by the length in inches, and this product by .003 Jf.;
the result will be the capacity in gallons.
Remark. — In case the cask is only partly full, stand it on end, find the mean diameter of
the part filled, multiply its square by the hight, and that product by .0034.
EXAMPLES FOR PRACTICE.
Remark. — In giving one example under each of the several preceding rules in measure
ments, the object is as much for reference as for practice in solving.
492 1. How many square feet in the gable end of a house 24 ft. wide and
6 ft 6 in. high ?
2. Find the number of square yards in a triangular sail, the sides of Avhich
arc 36 ft., 45 ft., and 48 ft. respectively.
3. How many acres in a rectangular field 108 rods long and 48 rods wide ?
Jf. A farm stretches across an entire section, being 200 rods wide on the west
line and 160 rods wide on on the east line. How many acres in the farm ?
5 How many feet of fence will inclose a circular pond 82.5 ft. in diameter ?
6. What is the diameter of a circle, the circumference of which is 90 rods ?
7. The diameter of a circular park is 50 rods. How many acres does the
park cover ?
8. What is the side of a square having an area equal to that of a circle 100 ft.
in diameter ?
9. What is the largest square timber that can be hewn from a log 42 inches
in diameter ?
10. What will be the cost of a sheetiron smokestack 40 ft. high and 2 ft. in
diameter, at 15^* per square foot ?
11. Find the capacity in gallons of a tank 14 ft. deep and 18 ft. in diameter?
12. A pyramid has a triangular base 3 ft. on each side, and a slant hight of
of 10 ft. Find the number of square feet in its surface.
154 TABLES AND CUSTOMS IS" THE PAPER AXD BOOK TRADE.
13. A tent is in the form of a cone; if its slant hight is 16 ft. and its base
circumference 30 ft., how many square yards of duck were used Ju making it ?
H. How many square inches of leather will cover a foot ball 8 in. in diameter?
15. How many cubic feet in the contents of a globe 4 ft. in diameter ?
16. The diameter of the earth is 7901 miles, and that of the planet Jupiter
85390 miles. How many spheres like the earth are equal to Jupiter ?
17. What will be the length of the largest cube that can be cut from a
sphere T901 miles in diameter ?
18. A cask 28 in. at each end, and 34 in. at the bilge, is 3 ft. long. How
many gallons of water will it hold ?
lU. If a cask 24 inches at the chime, 30 inches at the bung and 3 feet long,
is f full, how many more gallons may be put into it ?
TABLES AND CUSTOMS IN THE PAPER AND BOOK TRADE.
498. Pajier in the stationery trade is sold by the following
Table.
24 sheets =1 quire.
20 quires = 1 ream.
2 reams = 1 bundle.
5 bundles = 1 bale.
A bale contains 200 quires, or 4800 sheets.
Remarks. — 1. In copying, & folio is usually 100 words.
2. In typesetting, an em is the square of the body of a type, used as a unit by which to
measure the amount of printed matter on a page.
494. Books are sometimes classified by their size, or the number of pages in
a sheet.
Xame. Sheet folded into. Pa^es.
Folio, 2 leaves, 4
Quarto, 4to 4 leaves, 8
Octavo, 8vo. 8 leaves, 10
Duodecimo, 12mo 12 leaves, 24
16mo 16 leaves, 32
18mo 18 leaves, 3G
24mo 24 leaves, 48
32mo. 32 leaves, 64
Table for C'ouuting:.
12 units = 1 dozen, i 12 dozen = 1 gross.
20 units = 1 score.  12 gross = 1 great gross.
Table for Land and Lot Measures.
104^ feet square = ^^ of an acre. 10 rods X 16 rods = 1 acre.
14Tyy feet square = ^ of an acre.
'2Q^>^ feet square = 1 acre.
8 rods X 20 rods = 1 acre.
40 yards X 121 yards = 1 acre.
THE METRIC SYSTEM.
155
THE METRIC SYSTEM.
495. Tlic Metric System is a decimal system of denominate numbers.
It is in use in nearly all the European States, in South America, Mexico, and
Egypt. It is also used somewhat in Asia, and is authorized by law in the United
States; but its use here is so limited as to justify only a reference to it, and the
presentation of its unit equivalents in our weights and measures, as a reference
for interested parties.
496. The Unit of Length and basis of the system is the Meters 39.371
inches, being one tenmilliontli of the distance from the equator to the pole.
The unit of area is the Ar (A.); the unit of solidity is the Ster (S.); the unit of
weight is the Gram (G. ); the unit of capacity is the Liter (L.). Higher denom
inations are called Dek'a (10), Hek'to (100), Kil'o (1000), and Myr'ia (10000).
Lower orders aie called Dec'i (tenths), Cen'ti (hundredths), Mil'li (thousandths)
Metric Linear Table.
1 cen'time'ter cm = yJQ M.
= 1 dec'imeter dm = ^^ M.
= 1 Meter M.
= 1 dek'a me'ter Dm = 10 M.
= 1 hek'tome'ter 11 m = 100M.
= 1 kil'ome'ter Km — 1000 M.
= 1 myr'iame'ter . . .•. Mm = 10000 M.
Remarks. — 1. All tables are formed in a similar manner.
2. In naming: units, abbreviations are commonly used.
3. The system being on a decimal scale, the full mastery of the names of the higher and
lower denominations, with unit equivalents, will be sufficient for practical use.
497. An Act of Congress requires all reductions from the Metric to the
common system, or the reverse, to be made according to the following
10 mil'lime'ters {mm)
10 cen'time'ters
10 dec'ime'ters
10 me'ters
10 dek'ame'ters
10 hek'tome'ters
10 kil'ome'ters
1 inch = 2.54 centimeters.
1 foot = .3048 of a meter.
1 yard = .9144 of a meter.
1 rod = 5.029 meters.
1 mile = 1.6093 kilometers.
Tables of Equivalent.s.
Linear Measure.
1 centimeter = .3937 of an incli.
1 decimeter = .328 of a foot.
1 meter = 1.0936 yards.
1 dekameter = 1.9884 rods.
1 kilometer = .62137 of ii mile.
Square Measure.
i s(i. inch = G.452 sq. centimeters.
1 sq. foot = .0929 of a sq. meter.
1 sq. yard = .8361 of a sq. meter.
1 sq. rod = 25.293 of a sq. meter.
1 acre = 40.47 ars.
1 sq. mile = 259 hektars.
1 sq. centimeter = .155 of a sq. inch.
1 sq. decimeter = .1076 of a sq. foot.
1 sq. meter = 1.196 sq. yards.
1 ar = 3. 954 sq. rods.
1 hektar = 2.471 acres.
1 sq. kilometer = .3861 of a S(i. mile.
156
MOXEY OF THE GERMAN EMPIRE.
Ctbic Measure.
1 cu. inch = 1G.38T cu, centimeter.
1 cu. foot = 28.317 cu. decimeter.
1 cu. yard = . 7645 of a cu. meter.
1 cord = 3.624: ster.
1 cu. centimeter = .061 of a cu. inch.
1 cu. decimeter = .0353 of acu. foot.
1 cu. meter = 1.308 cu. yard.
1 ster = .2759 of a cord.
Measures of Capacity.
1 liquid quart = .9463 of a liter.
1 dry quart = 1.101 liter.
1 liquid gallon = .3785 of a dekaliter.
1 peck = .881 of a dekaliter.
1 bushel = .2524 of a hektoliter.
1 liter = 1.0567 liquid quarts.
1 liter = , 908 of a dry quart.
1 dekaliter = 2.6417 liquid gallons.
1 dekaliter = 1.135 pecks.
1 hektoliter = 2.8375 bushels.
Measures of Weight.
1 grain, Troy — .0648 of a gram.
1 ounce, Avoir. = 28.35 gram.
1 ounce, Troy = 31.104giams.
1 pound, Avoir. = .4536 of a kilogram.
1 pound, Troy = .3732 of a kilogram.
1 ton (short) = .9072 of a tonneau.
1 giam = .03527 of an ounce, Avoir.
1 gram = .03215 of an ounce, Troy^
1 gram = 15.432 grains, Troy.
1 kilogram = 2.2046 pounds. Avoir.
1 kilogram = 2.679 pounds, Troy.
1 tonneau = 1.1023 tons (short).
Remark. — Metric quantities of any unit are read like ordinary decimals.
I^RENCH MONEY.
498. The Legal Currency of France is decimal, its unit being the .sj/ter
Franc.
499, The French coins are as follows:
Gold
f 100 francs,
40 francs,
20 francs,
10 francs,
5 francs.
( 5 francs,
/ 2
Silver J 2 francs
/ 1 franc.
Bronze
f 10 centimes,
5 centimes,
2 centimes,
[ 1 centime.
10 millimes (m. )
10 centimes
10 decimes
Table.
= 1 centime (ct.) = $.00193.
= 1 dccime (dc.) = .0193.
= 1 Franc (fr.) = .193.
MONEY OF THE GERMAN EMPIRE.
500. Tlie I'nit is the Mark = $.2885 United States money. It is divided
into 100 pfennigs (pennies).
The silver Thaler = $. 746 United States monev.
501. The German coins are:
( 20 marks.
Gold \ 10 marks. Silver
20 marks,
10 marks,
5 marks.
f 20 marks,
■j 1 mark,
( 20 pfennigs.
Nickel P?!t""'S«'
( piejinigs.
EXAMPLES IX DENOMIKATE NUMBERS. 157
MISCELI.ANEOUS KXAMPLES.
502. 1. What is the value, in English money, of $1750 in United States
gold coin ?
2. It required 12 yr. C mo. 1 da. to build the Brooklyn bridge. If it wjis
completed July 4, 1882, when Avas its construction begun ?
3. What is the board measure of 7 planks, each 16 ft. long, 15 in. wide, and
3 in. thick ?
J^. How many acres of land can be bought for $25000, if a square foot costs 25^?
5. A cellar is 24 ft. square inside of the wall, which is 9 ft. high, and 2 ft.
thick. How tnany perches of IG^ cu. ft. each does the wall contain?
Remark. — Sometimes 24} cubic feet are reckoned as a perch, but this is rarely done by
contractors or architects; girt measurements are taken.
6. How many shingles, 4 inches wide, laid inches to the weather, would be
required to cover the roof of a barn GO ft. long and 24 ft. wide on each side?
7. The highest chimney in the world is at Port Dundas, Scotland, it being
450 ft. high. How many rods in hight is it ?
8. The Italian Government pays out yearly $2140000 to 32590 monks and
nuns. What 'is the average sum received by each ?
9. What will be the cost of the plank, at $18 per M, that will cover a floor
24 ft. by 13 ft., if the plank is 2^ inches in thickness ?
10. A farm having 225 rods fronting the road, is 95 rods wide atone end and
72.5 rods at the other. How many acres does the farm contain ?
11. If the capacity of a cask is 64^ wine gallons, how many quarts of berries
will it hold ?
12. A bird can fly 1° in 1 hr. 10 m. 12 sec. At that rate, in Avhat time can
it encircle the earth ?
13. What will be the cost in Paris of a cargo of 38500 bu. United States
wheat, at 10 fr. 60 cent, per hektoliter?
14. How many francs are equal to $275.
15. The largest shipping lock in the world is at Cardiff, it being 600 ft. long,
80 ft. wide, and 32 ft. deep. What is its capacity in barrels ?
16. When it is noon at the point of your observation, what is the time at a
point 1500 statute miles due southwest ?
17. If your coal costs $5. GO i)er ton, and you use G5 lb. i)cr day, wliat will
be the expense of your fire for the months of the winter of 18912 ?
18. How many barrels of Avater in a cistern 12.5 ft. long, 10 ft. wide, and
7.5 ft. deep ?
19. A carriage wheel 4 ft. 3 in. in diameter Avill make how many revolutions
in going 62.5 miles ?
20. If Wm. II. Vanderbilt died Avorth two hundred millions of dollars, in
what length of time could his fortune, in silver dollars, bo counted by one person,
counting GO per minute and Avorking 10 hours i)cr day for 3G5 days each year ?
21. What will be the cost of 10 sticks 2 in. by 4 in., 10 sticks 2 in. by 6 in.,
10 sticks 4 in. by 4 in., and 10 sticks 2 in. by 10 in., if the sticks are each 16 ft.
long and the cost is $15 per M ?
158 EXAMPLES IN DENOMINATE NUMBERS.
22. How many yards of Axminster carpeting, f of a yard in width, and laid
lengthwise of the room, will be required to cover a floor 21 J ft. long and 18f ft.
wide, making no allowance for waste in matching the design ?
23. How many tons of 324 cu. ft. each, in a mow of hay 36 ft. 3 in. long, 18
ft. 10 in. wide, and 13 ft. 6 in. high ?
2^. Two astronomers, located at different points, observed at the same instant
of time an eclipse of the moon, one seeing it five minutes after 9 p. m., local
time, and the other five minutes before midnight. How many degrees of longi
tude separated the observers ?
25. How many Avoirdupois pounds in 10 myriagrams 4 kilograms.
26. If the sun is 93 millions of miles from the earth, and a cannon ball travels
nine miles per minute, at what time would a ball fired from the earth at one
minute after 3 o'clock p. m., Dec. 25, 1889, reach the sun at that rate ?
27. How many francs are equal to £425 ?
28. Allowing 305 sq. ft. for doors and windows, what will be the cost, at 40^
per square yard, of plastering the ceiling and walls of a room 45 ft. long, 354 ft.
wide, and 12 ft. 3 in. high ?
29. How many German marks are equal to $1500 United States money ?
30. A pile of wood built 10 ft. high and 22 ft. wide must be how long to
contain 125 cd. ?
31. The main centennial building at Philadelphia in 18T6 was 1880 ft. long
and 464 ft. wide. What was its area in acres, square rods, and square feet ?
32. Reduce 47 mi. 216 rd. 11 ft. 5 in. to metric units.
33. If £2 4 s. 6 d. is paid for a coat and vest, and the coat costs 4 s. more
than twice as much as the vest, what is the cost of each, in United States money?
3^. From .001 of a section, plus .01 of an acre, take .001 of a quarter section,
plus .01 of a square rod.
35. A grocer bought 12 bu. of chestnuts, at §3.50 per bushel dry measure,
and sold them at Ibf per quart liquid measure. Did he gain or lose, and how
much ?'
36. How many dollars are equal to 2150 francs ?
37. How many square feet of sheet lead will be required to line a tank 7 ft.
in diameter and 12 ft. deep ?
38. If bricks cost 15.50 per M, what will be the cost of the In'ick for a wall
12 ft. high and 3 ft. thick, enclosing an acre of land 10 rd. wide and 16 rd. long ?
39. The gold coin of the commercial world suffers each year a loss of one ton
by wear or abrasion. What is tlie value, in United States gold dollars, of the loss
thus sustained?
JfO. Reduce 250 hektars to common units.
41. What will be the cost, at $16.00 i)er M, of a tapering board 18 ft. long,
and 9 in. wide at one end and 16^ in. wide at the other ?
Jf^i. A German immigrant having 1000 thalcrs and 500 marks, exchanges them
for United States money. How many dollars should he receive ?
Jf3. The hight, width, and length of a shed are equal. What are its dimen
sions, if it will contain 125 cords of wood ?
EXAMPLES IN DENOMINATE NUMBERS. J 59
J^. A train of 45 cars of Lehigh coal averages, by the long ton, 2o T. 7 cwt
3 qr. to lb. per car. What is the value of the coal, at #5.25 per short ton ?
Jf5. How many feet of lumber in a box 6 J ft. long, h\ ft. wide, and 3i ft.
deep, inside measurements given, and lumber 1 inch in tliickness ?
J^6. What Avill be the cost of carpeting  yd. wide, and lining \ yd. wide, to
cover a room 24 ft. long and 20 ft. wide, if the strips of carpet are laid the
long way of the room and there is a waste of 9 inches at one end in matching,
also an allowance of \^io in width and %ic in length for shrinkage of the lining,
the carpet selling at $2.25 per yd., and the lining at 30^ per yd.
47. A pile of wood 56 meters long, 18^ meters wide, and 3 meters high, was
sold at $6 per cord. How much was received for it ?
U8. A farmer filled a bin 9 ft. Avide, 12 ft. long, and 7^ ft. deep, with wheat
grown from a field yielding 32^ bu. per acre. How long was the field, if its
width was 50 rods ?
J^9. . Seasoned pine in freighting is estimated to weigh 3000 lb. per M, and
green oak 5000 lb. per M. How much freight must I pay, at 81 i)cr ton, on
a car load of 3205 ft. of pine and 3795 ft. of oak ?
50. How long is the side of the largest cube that can be cut from a spherical
snow ball 5 ft. in diameter ?
51. Glenn's California reaper will in 12 hours cut, thresh, winnow, and put
into bags, 30 A. of wheat. How many days, of 15 working hours each, will it
require to harvest and thresh the wheat of a field 125 rods wide and 240 rods
long?
52. An ounce of gold can be so beaten as to cover 146 sq. ft. What weight
of gold would be required for a sheet which will cover an acre of ground ?
53. A farmer having 1240 bu. of corn in the ear to store in two rail cribs,
builds each 9 ft. square on the inside. \i one is built 10 ft. high and filled, how
high must the other be built to hold the remainder "^
5Jf. The Hercules ditcher, of Michigan, removes 750 cu. yd. of earth per
hour. In how many days, of 12 working hours each, can it dig a ditch 7 miles
in length, 8 ft. in deptli, 24 ft. wide at the surface, and 10 ft. at the bottom ?
55. If a car carrying 20 tons of freight is with its couplings 42 ft. long, what
would be tlie length of a train carrying Vanderbilt's two iuindred millions of
dollars, if it is all in standard silver dollars, and any fractional part of a car load
18 rejected ?
iOO PERCENTAGE.
PERCENTAGE.
503. Percentage is a term ajiplied to computing by hundredths.
504. The Elements of Percentage are, the Base, the Rate, the Amount Per
Cent., the Difference Per Cent., the Percentage, the Amount, and the Difference.
505. The Base is the number ujion which the percentage is computed,
506. The Rate Per Cent, denotes how many hundredths of the base are to
be taken, and is usually expressed as a decimal.
507. Per Cent, is an abbreviation of the Latin words jt?er centum, signifying
by the liundred, or a certain number of each one hundred parts.
508. The Sign, i, is used to denote per cent.
509. The Rate may be expressed as a part in a common fractional form,
as f ; in the form of an extended decimal, as .01625 = If^ ; but only when
expressed in hundredths can it with strict propriety be considered a rate per
cent. Thus, .12, .06, .15^, .05f, are each a rate per cent.
510. To read per cent. , call the first two places j!?er cew^. , and the added places,
if anv, fractions of 1 per cent.; as, .2125 read as 21 and onefourth per cent.
511. To express per cent, as a common fraction, write the per cent, for a
numerator and 100 for a denominator, and reduce; thus, 25^ = ^^ = ^.
512. To change a common fraction to an equivalent per cent., apply the
decimal explanation. Art. 245. Divide the numerator by the denominator, and
give the quotient at least two decimal places.
513. Every rate per cent., being as many hundredths, requires at least two
decimals places; hence, if the per cent, be less than 10, a cipher must be prefixed
to the figure denoting it; thus, 2^ = .02.
514. The Amount Per Cent, is 100 per cent, increased by the rate, or 1
phis the rate.
515. The Difference Per Cent, is 100 percent, dimmished by the ra^e,
or 1 minus the rate.
Remark. — Where the rate per cent, is the equivalent of a common fraction, use in solution
whichever is most convenient.
516. The Percentage is the sum obtained by multiplying the base by the rate.
517. The Amount is the sum of the base and percentage.
518. The Difference is the remainder after deducting the percentage from
the base.
PERCENTAGE. ' 161
619. The Base is either an abstraot or denominate number; the rate per
"Cent, is always abstract, and the percentage, amount, and difference are always
like the base.
Remarks.— 1. In all operations where a decimal rate is used, too great care cannot be taken
to express all decimal terms with exactness.
2. As the greater part of commercial calculations are based upon percentage, the importance
of a thorough mastery of its principles will be readily perceived.
520. ^'\ncQ per cent, is any number of hundredths, it may be expressed either
as a decimal or as a common fraction, and the table of aliquot parts can be used
with little variation and to great advantage in many operations in perceyitage.
Hence, the rules given under Special Applications may be applied in this
^subject.
Table.
1\
Decimal.
Com. Frac. Lowest Terms.
1
per cent.
=
.01
=
10
reducible to
10 0'
2
per cent.
=
.02
=
10
reducible to
t'
3
per cent.
=z
.03
=
3
Too"
reducible to
Tinr
4
per cent.
=
.04
=
xio
reducible to
^•
5
per cent.
=
.05
=
TolT
reducible to
^'
6
per cent.
=
.06
=
ro*r
reducible to
■io
7
per cent.
=
.07
=
tJtt
reducible to
lod*
8
per cent.
=
.08
=
, 8
Too
reducible to
ih
9
per cent.
1=
.09
=
To¥
reducible to
106*
10
per cent.
=
.10
=
Too
reducible to
iV
12
per cent.
=:
.12
=
^^
reducible to
A.
14
per cent.
=
.14
=
j'^
reducible to
A
16
per cent.
=
.16
=
iVo
reducible to
A.
20
per cent.
=
.20
=
100
reducible to
i
25
per cent.
=
.25
=
tVo
reducible to
i. •
30
per cent.
=
.30
=
loo"
reducible to
^.
50
per cent.
=
.50
=
■^A
reducible to
i.
75
per cent.
=:
.75
=
100
reducible to
I.
100
per cent.
=
1.00
=
100
To
reducible to
1.
125
per cent.
=
1.25
=
12 5.
1
reducible to
i = u
150
per cent.
=
1.50
=
15 0.
To
reducible to
i = H'
li
per cent.
=.
.0125
=
To
reducible to
■sV.
If
per cent.
=
.01661
=
tIfoot
reducible to
A
2i
per cent.
=
.025
=
^2.5_
To
reducible to
iV
3i
per cent.
=
.033^
=
1 oo_
^000
reducible to
A.
6i
per cent.
=
.0625
=
625
10000
reducible to
iV
8i
per cent.
=
.0833^
=
2_5_o_0_
70000
reducible to
iV.
m
per cent.
=
.125
=
JL2_5_
To
reducible to
I
m
per cent.
z=
.1661
=
WW
reducible to
h
33^
per cent.
=
.333 J
=
"To
reducible to
h
62^
per cent.
=
.625
=.
To
reducible to
l.
66f
per cent.
=
.661
=z
m
reducible to
f.
m
per cent.
=
.875
=
A^oV
reducible to
h
Ifi2 EXAMPLES IN PERCENTAGE.
521. Tlie ri'latiou between the eleinents of Percentage is such, tliat by the
application of the General Principles of MultiiiJieation and Division, if any
two of the elements, except amount ]ier cent, and difference per cent., are
given, the other three may be found.
522. To find the Percentage, the Base and Rate being given.
Exam PLK.— What is 25^ of 1:468 ?
First Explaxatiox. — 25 per cent, equals .25; therefore,
Operation. ^5 per cent, of $468 equals $468 multiplied by .25, equals
$468 = base. $117.
,25 = rate per cent. Second Explanation. — $468 is 100 per cent, of itself;
r~~zr7T ^ and since 25 ner cent, equals i of 100 per cent., 25 per cent.
$117.00 = percentage. ^^ ^^^^ ^,^ ^ ^ ^^ ^^^^ ^^^ ^^ ^^^^
Rules. — 1. Multiply the base by the rate expressed decimally. Or,
2. Take such a part of the base as the number expressing the rate is
part of 1.
Remark. — When the rate is an aliquot part of 100, the percentage may be found by taking
a like part of the base: thus, for 10'? take iV, for ib'i take i, for 33^; take \, etc.
Formula. — Percentage = Base X Rate.
KXAMPLE.S FOK MEIfTAI. PKACTICE.
523. What is
1. 5 per cent, of 100 ?
2. 12 per cent, of 600 ?
3. 15 per cent, of 800 ?
J^. 20 per cent, of 500 ?
5. 25 per cent, of 1200 ?
6. 33^ p^r cent, of ^^ ?
7. 25 per cent, of 1440 ?
8. 8 per cent, of 450 ?
9. 50 per cent, of 680 ?
examples for written practice.
524. 1. A man owning 250 acres of land, sold 20^^ at one time, and 25^ of
the remainder at another time. How many acres did he have left ?
2. If a ranchman having 5450 sheep, lost 20^^ by a storm and 'afterwards
sold 20*^ of those remaining, how many sheep did he sell?
5. A collector deposited 813500 in coin, and 12^ more in bank bills. What
was the total of his deposit ?
J^. Find ll^f^ of 1G80 lb. of wool.
J. Find 1655^ of 12 lb. 3 oz. of silver.
6. From a charge of $675, made for a bill of goods, 8j^ was deducted. What
was the net amount of the bill ?
7. If 526 barrels of salt were bought for $1.10 per bar. , and sold at an advance
of 15^, what was gained ?
8. Two men, each having $12500, made investments, from which one gained
15j^, and the other lost 35^^. How much did each then have?
9. How much greater is 12^^ of $1550, than 74^ of $2150 ?
10. Having raised 1240 bushels of wheat, a farmer used 5^ of it for seed and
5^ for bread; he then sold to one man 10^ and to another 25^ of what remained.
How many bushels had he* left ?
EXAMPLES IN PERCEHTTAGE. 163
11. Having $75000 to invest, u gentleman bought United States bonds with
3iH^ of his money, a home with 20^^, and invested the remainder equally in farm
lands and manufacturing stock. How much did he pay for tlie farm lands ?
12. I owed John Smith $1750, and paid at one time 'HOfo of the debt, at
another time 35^ of the remainder, and at another time 25^ of what then re
mained unpaid. How much of the debt did I still owe ?
13. A capitalist owning  of a coal mine, sold 324^ of his share for $65000.
At that rate, what was the entire mine worth ?
IJf.. A jobber having bought 2160 bags of coffee, sold at one time 8^^, at
another 25^ of what remained, and at a third sale 15^ of what still remained.
Find the value of what was left, at $18 per bag.
15. Of a farm containing a half, section of land, 15^ was in Avheat, 32^ in
oats, 5^ in potatoes, and the remainder devoted equally to orchard, corn, beans,
and pasture. How many acres were in pasture ?
16. A farmer having 156 sheep to shear, agreed to pay for their shearing 4^
of the sum received for their wool. If the fleeces averaged 74 lb. and sold for
30^ per pound, how much was paid for shearing ?
17. A speculator having $41820, invested 50^' of it in oil, on which he lost
IQ'^fc ; the remainder he invested in cotton, which he sold at 9^ below cost.
How much was received from both sales ?
18. A trader bought 12 mustangs for $400, and after selling 2b% of the num
ber at a gain of 50^, and 33^^^ of those remaining at a gain of 12^^, sold those
still on hand at $30 per head. Did he gain or lose, and how much ?
525. To find the Base, the Percentage and Rate being given.
Remark. — Since the base multiplied by the rate produces the percentage, percentage must
be a product; if, therefore, it is divided by either factor, the quotient will be the other factor.
Example. — By selling 4^ of a stock of goods, a merchant realized $644.
What was the value of the entire stock ?
Operation.
Rate. Percentage. Explanation.— If the value of 4 per cent, is $644, the value of
.04 ) 644.00 ^ P^'" ^^°* ^^^^ ^^ %IQI\ and if the value of 1 per cent, is $161, the
' value of 100 per cent, will be $16100.
16100 base.
'R\\\e.— Divide the percentage hy the rate, expressed decimally.
Formula.— Base = Percentage ^ Rate.
KXAMPIiES FOR MENTAL, I'KAOTICE.
626. 1. 846 = Q</c of what number ?
2. 2150 = 10^ of what number ?
3. 543 = b'/o of what ntimber ?
1 219 = 33^^ of what number ?
5. 150 = ^^0 of what number ?
6. A man sold 25;^ of his farm for $2120. How luutli was the farm worth
at that rate ? »
164 EXAMPLES IN PERCENTAGE.
7. What is the value of a liouse renting for $300 per year, if the rent equals
9^ of its value ?
8. HoAv many acres in a farm of whicli 12.5 acres is but 5^.
9. Of what sum is 136 but 33^^ ?
EXAMPLES FOR W'RITTEX PRACTICE.
527. 1. A planter sold 76 bales of cotton, which was 19^ of his crop. How
many bales did he raise ? ^
2. I paid $123.48, which was 16'^ of a debt. What amount did I owe ?
3. A lady i)aid for millinery, $17.50; for shoes, $11.40; for jewelry, 113.80;
for furs, $78.55; and had expended but 15^ of her money. How many dollars
had she at first ?
^. A clerk's present salary of $520 per year is only 75'^ of what he formerly
received. How much was formerly paid him ?
5. A grocer, after increasing his stock to the amount of $6448, found that
the new purchase was but 16^ of the old stock on hand. What was tlie value
of his old stock ?
6. The owner of 68^ of a mine, received $91510 from the sale of 25^ of his
share. Find the value of the entire mine at that rate ?
7. A, B, C, and D are partners; A furnished 15,'^ of the capital, B 25ji^, C
42f;^, and D $16200. What was the capital of the firm ?
8. A Wyoming ranchman lost 1684 cattle during a blizzard. Hom' many had
he at first, if his loss was only If^ of his herd ?
9. The population of a county increased 22j^ in ten years. If the births
exceeded the deaths by 2166, and the county received 13234 immigrants during
the time, what must have been its jwpulation before the increase ?
10. A speculator owned a quarter interest in a mill, and sold onequarter of
his part for $11250. What was the mill worth, on that basis of value ?
528. To find the Rate, the Percentage and Base being given.
Remark. — The percentage is a product, the base being one of its factors.
Example.— What per cent, of 480 is 120 ?
First Operation.
4.80 ) 120.00 ( 25 times. Ftrbt Explanation.— Since 480 is 100 per cent, of itself, 1
960 per cent, of 480 would be ^l^ part of it, or 4.80; and since 4.80
is 1 per cent, of 480, 120 would be as many times T per cent.
as 4.80 is contained times in 120, which is 25 times; and 25
times 1 per cent. = 25 per cent.
2400
1^ .01 2400
25
.25 = 25^1^.
Second Operation. „ ^ «. , . ^
Aftfi "\ 190 ftO /" 9" — 'i^'i Second Explanation. — Smce the percentage is a product
qA() ~ ' ' * of the base and rate, the quotient obtained by dividing the per
ceptage by the base will be the rate. Or, 120 is 8, or J
2400 of 480; and since 480 is 100 per cent, of itself, 120, which is
2400 J of 480, must be i of 100 per cent., or 25 per cent.
EXAMPLES I?f PERCENTAGE. I<i5
^ule.—Dii/ide the percentage by the base, carrying the quotient to two
decimal places.
Formula. —Rate = Percentage i Base.
EXAMPI.KS FOK MENTAIv PRACTICE.
529. What per cent, is
1.
25 of 125 ?
I
12i of 100 ?
7.
37^ of 150 ?
40 of 160 ?
5.
15 of 45 ?
8.
200 of 10 ?
18 of 36 ?
6\
125 of 1000 ?
9.
120 of 4 ?
EXAMPLES FOR WRITTEN PRACTICE.
530. i. From a herd of 1184 cattle, 296 were sold. "What per cent, was sold?
2. R. G. Dun & Co. charged 821 for collecting an account of 1600. What
rate was charged ? '
3. Sold f of a stock of goods for what the entire stock cost. What was my
rate of gain ?
^. What per cent, of 12 lb. 8 oz. is 2 lb. 8 oz., Avoirdupois ?
5. From a half section, 120 acres were sold, and afterwards 80 acres more.
What per cent, was sold ?
6. Of a stock of 800 bushels of potatoes, 240 bushels were sold at one time,
and 135 bushels at another. What per cent, was still unsold ?
7. A merchant failed, owing $27984, liis assets amounting to l>16090.80.
What per cent, of his debts can he pay ?
8. At a normal school there were enrolled 855 male pupils and only 185 female
pupils. What per cent, more were the male than the female pupils ?
9. A girl having $5.40, expended 11.35 for gloves, 45^ for flowers, and one
half of the remainder for a pair of slippers. What per cent, of her money had
she left ?
10. From a cask of lard of 314 lb., 78.5 lb. were sold at one time, and 25^ of
the remainder at another. What per cent, of the whole remained unsold ?
11. Of a regiment of men entering battle, 1040 strong, only 260 came out
unhurt, ^ of the remainder having been killed. What per cent, of the whole were
killed ?
531. To find the Amount Per Cent., the Rate being given.
Example. — If the rate be 7^, what is the amount per cent. ?
Operation Explanation. — Since the amount per cent.
iQQ^ 1 _ unit (definition, page 160), is always 100 per cent, in
' ' creased by the rate, we may tind it by adding
7% = . ( = rate jqq p^^ ^^^^ , or 1 , to the per cent, given. Hence,
1 A.>v ~rr^r^ J. , if the rate is 7 per cent., the amount per cent, will
107^ =: 1.07 = amount per cent. . .^ ^
^ be 107 per cent.
Rule.— ^dc? the rate to the unit 1.
Formula. — Amount Per Cent. = 1 4 Rate.
106 EXAMPLES IX PERCENTAGE.
EXAMPLKS FOR MENTAL, PRACTICE.
53*2. 1. If the rate be 10;e, ■what will be the amount per cent.?
2. If the rate be 75;;^, what will be the amount per cent. ?
3. If the rate be 110'^, what will be the amount i)er cent.?
Jf. Find the amount per cent., if the rate per cent, be I65?
<5. Find the amount per cent., if the rate per cent, be 8T^ ?
EXAMPLES FOR WRITTEN' PRACTICE.
533. 1. Goods costing 1*14:00 were sold for $14T0. Find the amount per
cent, of the selling price ?
2. Last month I sold $"2750 worth of coffee, while the previous month I sold
$3000 worth. What was the amount per cent, of my sales for tlie previous month
as compared with those of the last month ?
S. If tea costing ^'2\^ per pound sell at 87^^, what amount per cent, do the
sales show as compared with tlie cost ?
534. To find the Difference Per Cent., the Rate being given.
Example. — If the rate be b^, what is the difference per cent.?
Operation. Explaxatiox. — Since the difference per cent, (definition,
100^ = 1.00 = a tinit. p^gg jgo), is equal to 100 per cent., or 1, less the rate, if we take
<r = .Oo = rate. the given rate, 5 per cent., from 100 per cent., the remainder,
95^'  C)^ — (Jif_ c^^ 95 per cent., will be the answer required.
Rule. — Subtract the rate frow the unit 1.
Formula. — Difference Per Cent. = 1 — Rate.
EXA3IPI.ES FOR 3IEXTAL PRACTICE.
535. 1. If the rate be lofc, what is the difference i)er cent. ?
2. If the rate be 37^^, what is the difference per cent. ?
3. If the rate be \'i, what is the difference per cent. ?
^ If the rate be 3^^, what is the difference per cent. ?
5. If the rate be 70f^, what is the difference per cent. ?
EXAMPLES FOR AVRITTEX PRACTICE.
536. 1. The pujiils of a school are reduced in number from 112 to 80.
What per cent, is the ])rescnt of the former attendance ?
2. Walter, having 48 marbles, gave Henry 15. What per cent, liad lie left ?
3. Find the difference per cent., if tlie rate equals J of ^.
537. To find the Amount, the Base and Rate being given.
Example. — Wliat i.s the amount of r).j(i increased l>y 8< of itself?
^' Explanation. — The amount equals base plus percentage (de
550 = base. finition, page 160). The base is 550 and 8 per cent, of 550 equals
•^" rate. 4^^ ^jj^ percentage; therefore the amount niuist equal 550 plus 44,
44.00 = per cent, or 594; or, .'Jince 550 equals 100 per cent, of itself, an increase of 8
550 = base. per cent, would give 108 per cent, of the original number; and
108 per cent, of 550, uv 1.08 times 550 equals 594.
594 = amount
EXAMPLES IX PEKCENTAGE. 167
Rules.— i. Find the percentage and add it to the base. Or,
^. Multiply the base by 1 plus the rate
Formula. — Amount == Base + Percentage.
EXAMPLES FOR :»IEXTA1. PKACTICE.
638. i. If the base is 1500, and the rate 10^ what is the amount ?
2. If the base is 1356, and the rate 25^, what is the amount ?
S. The base is 440 and the rate 5^; find the amount.
Jf.. The base is 1000 and the rate 18^; find the amount.
5. The base is 252 and the rate 10^; find the amount.
6. The base is 2150 and the rate 20^; find the amount.
7. The base is 630 and the rate 33^; find the amount.
8. The base is 546 and the rate 16^,* find the amount.
9. The base is 200 and the rate 125^; find the amount.
EXAMPr.ES FOR WKITTEX PRACTICE.
639. 1. What amount will be received for a house costing %13500, if it is
sold at a gain of l^fo ?
2. A bought two horses for $180 each, and sold one at a gain ef 20^ and the
other at a gain of 33^^^^. How much did he receive for both ?
3. A section of Kansas prairie was bought at $12.50 i)er acre, and sold at an
advance of 40;^. How much was received for it ?
4. What is the amount of 768 increased by 25,^^ of \ of itself ?
5. What is the amount of $3144 increased by f of 16f ^ of itself ?
6. If the base is $864.88 and the rate 3^^ of f of itself, what is the
amount ?
640. To find the Dijfference, the Base and Rate being given.
Example. — What remains after diminishing 450 by 10^^ of itself ?
Operation.
100^ = 450 = base.
\Qc^ ^ jQ _ j.j^te. Explanation. — Since 100 per cent, of the
—^ number equals 450, 10 per cent, of it will equal
90^ dif. ^ 45.00 = percentage. 45. and 450 minus 45 equals 405. Or, since 100
450 base P^^ *^^°*' ^Q*^^!^ 450, 10 per cent, less than 100
45 percentage P^*^ cent., or 90 per cent, will equal 405.
405 difference.
Rules.— i. Find the percentage and subtract it from the base. Or,
£. Multiply the base by 1 minus the rate.
Formula. — Difference = Base — Percentage.
EXAMPLES FOR 3IENTAL PRACTICE.
641. 1. If from a brood of 15 chickens 20r» arc lost, how many will remain ?
3. What number will remain if 225 is diminished by 33^^^ of itself ?
3. If the base is 1050 and the rate 10^, what is the difference ?
168 EXAMPLES IN PERCENTAGE.
4. 816, less 25^ of itself, equals what number ?
0. 1440, less 165^ of itself, equals what number ?
6. 800, less 3T^^ of itself, equals what number ?
7. 40, less 87^;^ of itself, equals what number ?
8. A boy having 648 ft. of kite string, lost 12^ of it. How many feet had
he remaining ?
£XAMPI^S FOK WKITTEX PRACTICE.
542. , 1. A speculator lost 35<^ of ^ of $16250. How much did he lose?
A?. A planter having 616 acres in rice, lost \ of 33^^^ of his planting by flood..
How many acres had he left for harvest ?
3. Brown deposited $1147 in a savings bank, and his son deposited 21,<^ less.
How much was deposited by both ?
4. An agent earned $250 in May, 15^ less in June, and 20^^ less in July than
in June. What was the amount earned for the three months ?
543. To find the Base, the Amount, or Difference, and the Rate being given.
Example (first illustration). — What number, increased by 15^ of itself,.
amounts to 345 ?
ExPLASATiox. — Since the number must be 100
J 00,^ l.« I p^j. pgQj Qf itself, if it has been increased 15 per
^^^ = j}^ Amount. Base. (.^^^ ^^^ ^just be 115 per cent, of that number;
llb^ amt. J^ 1.15 ) 345.00 ( 300 if 115 per cent, is 345, 1 per cent, must be yl^ of
345 345, or 3; and 100 per cent, will be 100 times 3, or
■~oo ^
Example (second illustration). — What number, diminished by 35^ of itself^
equals 975 ?
Oper.\.tiox.
1 r.A
ExpLAKATiOK. — If the number be diminished
by 35 per cent, of itself, there will be remaining but
65 per cent, of itself; and if 65 per cent, of the
number be 975, 1 per cent, must be ^V of 975, or
15; and if 1 per cent, be 15, 100 per cent, must be
1500.
00
Rules.— i. Divide the amount hij 1 plus the rate. Or,
2. Divide the difference hy 1 minus the rate.
Formulas. — 1. Base = Amount ^ Amount Per Cent.
2. Base = Difference = Difference Per Cent.
EXAMPLES FOK MENTAL PKACTICE.
544.* 1. If the amount is 750 and the rate 25'^, what is the base ?
2. What number, increased by 10'^ of itself, amounts to 440 ?
3. After loi of a number had been added to it, the amount was 525. What
was the number ?
Oper.\tiox.
.00^
= 1.00
35;^
65^
dif.
= .35
Diff.
I 975.
65
325
325
00
Base.
(1500
REVIEW OF THE PRINCIPLES OF PERCENTAGE. 16^
^. After selling '60^ of his apples, a boy had 70 left. IIow many had he at
first ?
5. I lost $600 by a bankrupt, who paid only 85^ of his indebtedness. What
was the fnll amount of my claim ?
EXAMPLES FOK WKITTEN PRACTICE.
645. ?. A builder gained 15^ by selling a house for $1150. What was ita
cost ?
2. Sold 945 tubs of butter for $5113, and thereby gained 20^. Ilbw much
did the butter cost per tub ?
3. The income from a tenement house is $6042 this year, which is 24^ less
than it Avas last year. How much was it last year ?
4. A liveryman paid $180 for a horse, which was 40^ less than he paid for a
carriage. How much did he pay for both ?
5. A drover gained 16f ^ on 33 head of cattle sold for $4081. What was the
average cost jier head ?
6. Smith sold two horses for $1500 each, gaining 25^^ on one, and losing 25^
on the other. What did the horses cost him ?
7. After paying 35^ of his debts, a man finds that the remainder can be paid
with $19500. W^hat was his entire indebtedness ?
8. A boat load of wheat was so damaged that it was sold for $8500, which
was 15^ less than its original value. What was its value before it was damaged?
9. The attendance of pupils at a school during May was 954, which was 6^
more than attended during April, and this was 80^ more than attended during^
February. What Avas the attendance for Februtiry ?
10. Which is better, to invest in a house that Avill rent for $30 per month, at
6^ on its value, or to invest the same amount in a farm that in two years will
bring $7000 ? How much better in the two vears ?
REVIEW OF THE PRINCIPLES OF PERCENTAGE.
546. 1. To find the percentage, the base and rate being given. Kule. —
Multiply the base ly the rate expressed decimally.
2. To find the base, the percentage and rate being given. Rule. — Divide
the lyercentage hy the rate expressed decimally.
3. To find the rate, the percentage and base being given. Rule. — Divide
the percentage hy the base, carrying the quotient to tivo decimal places.
4. To find the amount per cent., the rate being given. Rule. — Add the
rate to the unit 1.
6. To find the difference per cent., the rate being given. Rule. — Subtract
the rate from the unit 1.
6. To find.tlic amount, the base and rate being given. Rules. — 1. Mul
tiply the base by the rate, and to the product add the base. Or, 2. Multiply the
base by 100 per cent, plus the rate.
170 EXAMPLES FOR PRACTICE TX PERCENTAGE.
7. To find the difference, the base and rate being given. Rules. — Multiply
Ihe base by the rate, and subtrai't the product from the base. Or, Multiply the
base by 100 per cent, minus the rate.
8. To find the base, the amount and rate being given. Rule. — Divide the
amount by 100 per cent, plus ihe rate.
9. To find the base, the difference and rate being given. Rule. — Divide
the difference by 100 per cent, minus the rate.
547. Percentage is applied to two chisses of problems:
First, to those in which time is not an element; as. Profit and Loss, Com
mission, Brokerage, Insurance, Taxes, Customs or Duties, and Trade Discounts.
Second, to those in which time enters as an element; as. Interest, Bank Dis
count, True Discount, Equation of Accounts, and Exchange.
Remark. — The pupil should be drilled in the formulas and rules of simple or abstract
Percentage as above, and in their application to problems in applied Percentage to follow.
MISCELLANEOUS EXABIPLES FOR PRACTICE.
548. 1. At the battle of Waterloo, of the 145000 combatants, 51000 were
either killed or wounded. What per cent, were uninjured ?
2. The pressure on a steam boiler was 61.2 lb., after it had been reduced lOj^.
What was it before the reduction ?
3. A pupil in examination answered correctly 56 qitestions, which was 20^1^
less than the number asked him. What should be his average, on a basis of 100?
4. By assessing a tax of f^, $175000 was raised in a county. What amount
of property was taxed ?
5. A benevolent lady gave $10500 to three charities; to the first slie gave
$2500, to the second $4500, and to the tiiird the remainder. What per cent, did
each receive ?
6. On attaining his majority, a son finds liis age is 62k^ less than the age of
his father. Find tlie sum of their ages ?
7. If 8^ of B's money equals 245^ of C*s, how much has C, if B has $324 ?
S. A farmer bought a horse, a mule, and a cow, for $385. The mule cost
15^ less than tlie horse, and the cost of the cow was 7^^ of that of the horse.
What was the cost of each ?
9. A creditor, after collecting 21f^ of a claim, lost the remainder, which
was $3918.75. What was the sum collected ?
10. A woman weaving a rag carpet used 185'^ more weight of rags than of
war}). How many pounds of each in a bale of carpet weighing 96^ pounds ?
11. The sum paid for two watches was $384, and 75jfe of the sum paid for one
equalled 105^ of the sum paid for the other. Find the price of each.
12. If Abas 35'^ more money than B, and B has 25f^ more than C. how much
has C, if A has $102 ?
13. If a gain of $4755 was taken out of a business at the end of the first
year, and a loss of $3566.25 was sustained tlie second year, what was the per cent,
of net gain or loss, the investment having been $63400 ?
EXAMPLES FOR PRACTICE IX PERCENTAGE. 171
14. After making three of the seven equal annual payments of the face of a
mortgage, I find $5850 to be still unpaid. How many dollars of principal have
been paid ?
15. After the salary of a bookkeeper had beenincreased. 10^, and afterwards
8^, he received $1242 a year. What Avas his salary at first ?
16. By the United States Census of 1880 the total capital invested in man
ufactures in the State of Pennsylvania was $190055904, while the amount invested
in Alabama was $9098181; Arkansas, $131GG10; Delaware, $5452887; Florida,
$1874125; Georgia, $10890875; Louisiana, $7151172; Mississippi, $4384492;
North Carolina, $9693703; South Carolina, $6931756; Texas, $3272450. What
per cent, greater was the manufacturing capital invested in Pennsylvania than in
the group of the ten other States named ?
17. From an estate tlie widow received $9250, which was onethird; the
remainder 'Avas divided among three children, aged respectively 15, 12, and 10
years, and they shared in proportion to their age. What per cent, of the estate
did each of the children receive ?
18. A herder was asked how many cattle he had, and replied: "My herd
increased last year 40^; should it increase at the same rate during this year and
next, and I then buy 4 head more, I shall have double my present number."
How many head of cattle had he ?
19. What per cent, of the amount, at 10^, is 10^ of the base ?
20. From a farm containing 180 A. 120 sq. rd., onehalf was sold at one time,
and onehalf of the remainder at another time. What per cent, of the whole
then remained?
21. A man drew 15f^ of his deposit from a bank, and with it paid a debt of
$1119.60. What balance was left in the bank .?
22. Ibfo of f of a number is wliat per cent of  of it ?
2S. A man sold two farms for $7500 each; for one he received 25^ more than
it cost, and for the other 25^ less than it cost. Did he gain or lose by the
sale, and how much ?
2Jf.. What number is that which, being increased by 35;^ and 46^ of itself
and 76 more, will be doubled ?
25. A ranchman, when asked how many sheep he had, replied: " If my flock
increases next year 20^,' the next 25^^, and the third year 40^, I can then sell 300,
and have left double my present number. How many had he ?
26. The total number of Popes up to 1888 has been 253, of whom 197 have
been Italians. What per cent, of all have been of that nationality ?
27. By widening a roadway 5j^, it was made lO.V yd. wide. What was its
original width ?
28. Oct. 11, 1888, A bought an engine and mill for $5250, on six months
credit, or 5^ off if i)aid within 90 days, or 7^^ off if paid within 30 days. What
amount was required for full settlement Nov. 7, 1888 ?
29. In settling an estate, an executor found 7^r^ of it to be invested in
telegraph stock, 15f^ in railroad stock, 37^ in city bonds, $16750 in real estate,
and $7350 cash in bank. Find the total value of the estate.
172 EXAMPLES FOR PRACTICE IN PERCENTAGE.
50. A farm is composed of 20^ more grazing than grain land, and the timber
is onehalf of the area. How many acres of each, if, after deducting 12 acres
for lawn and garden, there is left of tlie farm 18G0 acres ?
51. A has 20*^ less money than B, and B has 25't more than C. How much
has C, if A has 1192 ?
32. A and B were heirs of an estate of #120000, A receiving 1 jf^ of the whole
more than B. For four years thereafter the property of eacli increased at an
average rate of 9j^ per annum. How much had each at the end of that time ?
33. A man owning 62^,^^ of a factory, sold 7^f^ of his share for $1050. At
that rate, what was the value of the factory ?
<?4' What is the per cent, of difference between 16f ^ of ^ of a number, and
25^ of ^ of the same number ?
35. From a cheese factory, 33630 boxes of cheese were sold in four yearsj
the sales of the second year having been 30,^^ greater than those for the first year,
those of the third 30fc less than those of the second, and those of the fourth 40^
greater than those of the third. What were the sales of each year ?
36. In preparing a prize mixture for seeding pastures, Sibley & Co. mixed
equal parts of clover seed and timothy with 33^^ as much orchard grass as clover,
and 33^^ as much red top as orchard grass. How many pounds of each, in a
consignment of 1100 pounds of the mixture ?
37. Three railroad companies carry six carloads of freight, each weighing
20 T. 6 cwt , a distance of 150 miles; the distance over the first line was 100
miles, and that over the second 125 miles. If the total charge was 15^ per 100
pounds, liow much money should each company be i)aid ?
38. A young man who received $21000 from his father, had, at the end of five
years, only $3500 left. "What average per cent, of liis inheritance did he lose
yearly ?
39. My grocery sales increased 20^ the second year, 25<^ more the third year,
and 40f^ still more the fourth year; during which four years I sold $131250
worth of goods. What was the amount of my sales the first year ?
40. A father located his son upon a farm, expending for the farm, stock,
utensils, and household furniture, $19512.50; the stock cost twice as much as the
household furniture, which cost 75^ more than the farm utensils, and tlie cost
of the farm was 140^ of the cost of the stock. How much was invested in each?
Jfl. The general freight agent of a railroad, when questioned as to the amount
of freight carried by his line, replied : "For the past four years our yearly
increase over previous business has been 25*^; should this be shown for the com
ing four years, the amount of freiglit then carried will be 22070 T. 025 lb. more
than double the amount carried this year." What was the number of tons
carried four years ago ?
J^2. A last will and testament provided that threeeighths of the estate
distributed should go to the widow, and the remainder be so divided among two
sons and a daughter that the elder son should receive 10;;^ more than the younger,
who should receive 25^ more than the daughter. What amount was received by
each, the estate being valued at $58000?
PROFIT AND LOSS. 173
PROFIT AND LOSS.
549. Profit and Loss treats of gains or losses in business transactions.
550. If, after deducting all expenses of sale, the net price is greater than the
cost, the excess is a Proiit or Gahi.
651. If the net price received from the sale is less than full cost, the differ
ence is a Loss.
552. The Gross or Full Cost of an article is its first cost, increased by all
outlays incident to its purchase and holding to date of sale.
553. The Net Selling Price is the gross selling price, less all charges inci
dent to its sale.
554. In ascertaining profit or loss, operations are usually performed by the
rules of Percentage heretofore explained; but when the rate is a simple, common,
fractional part of 100, it is more convenient to use the equivalent fraction than
the decimal per cent.
555. Comparing the elements of Profit and Loss with those of Percentage,
the Cost corresponds to the Base; the Per Cent, of Gam or Loss to the Rate;
the whole Gain or Loss to the Percentage; the Selling Price, if at a gain, to
the Amount; the Selling Price, if at a loss, to the Difference.
Remarks —For table of Aliquot Parts, convenient for use as common fractional equiva
lents, refer to page 89.
556. To find the Profit or Loss, the Cost and Rate being given.
Example. — An agent paid 195 for a reaper, and sold it at a profit of 18^.
What Avas his gain ?
Operation.
195 = cost. Explanation.— Since the agent gained 18 per cent, or 18 cents on
.18 = <]<, of gain. 1 dollar, on the $95 of cost he would gain 95 times .18, or $17.10.
$17.10 = gain.
VivAe.— Multiply the Cost hy the Rate.
Formula. — Profit or Loss = Cost x Kate.
EXAMPL,ES FOK MKNTAL PKACTICK.
667. 1. A set of furniture, costing $60, was sold at 15^' profit. How mucli
was gained?
2. If I pay $400 for a piano, and gain 12^ by its sale, how much is my profit?
S. Having paid $7500 for a house, I sell it at 10^ advance on cost, How
much do I gain?
174 EXAMPLES IN PROFIT AND LOSS.
4 After using a carriage which cost me $250, I was obliged to sell it fur 20^
less than it cost. What was my loss?
5. How much loss do I sustain by selling a $200 watch at 16^ less than cost?
6. After paying $1200 for a lot, I built thereon a house costing $2800, and
by selling both lost S't of my investment. How many dollars did I lose?
7. One of a road team cost $400 and the other IsoOO. How much is lost, if
the team is sold at 25^ below cost?
8. I invested $10500 in Southern lands. If 20^ of the land proved to have a
worthless title, how many dollars were lost?
9. Since paying $14000 for a stock of teas, the price has advanced 5jt. How
much has the stock increased in value ?
KXAMPLKS FOK WKITTKX PRACTICE.
558. /. Three houses, bought for $5000, $6500, and $8250 respectively,
were sold so that a gain of 12^ was realized on the first, and 7^^ on the second,
while the third was sold at 6f^ below cost. Find the net gain or loss?
2.. A stock of goods costing $15600 was sold at a loss of 12^^, and IS'v of the
selling price was in bad debts. What was the total loss sustained?
3. A canal boat, loaded with 8400 bushels of wheat, collided with a bridge
pier and sprung a leak, by which 21^^ of the cargo sustained a damage equal to
^ of its value. What was the loss sustained, the wheat having been invoiced at
75^ per bushel?
j^ A peddler paid $46.50 for butter, $17. 60 for eggs, and $36 for dried berries.
He sold the butter at a profit of 16^^, the eggs at a profit of 20j^, and lost 5^
on the berries. What was his net gain?
5. Having paid $1040 for a box of furs, and $18.50 expressage on the same,
I sold 25;^ of the stock at a gain of 35^, 15,*?^ at a gain of 20f^, 30< at a loss of
2^, and the remainder at cost. How much did I gain or lose?
6. An agent bought three reapers, paying respectively $90, $120, and $150.
He sold the first at 10^^ loss, the second at cost, and the third at 10^ gain. What
was his profit by the transaction?
7. A contractor bought 52 M bricks at $5.60 per M, and sold f of them for
f of their cost, and for tlie remainder received $150. What amount did he lose ?
8. A grocer bought 7 barrels of sugar, each weighing 315 pounds, at 61^ per
pound, and sold it so as to gain 16§^. Find the amount of his gain.
9. How much is gained by purchasing 3 carloads of corn, of 750 bushels
each, at 62^^ per bushel, and selling 40f(p of it at a gain of 124^, and the
remainder at a gain of 74^?
559. To find the Cost, the Gain or Loss and the Rate of Gain or Loss
being given.
Example. — An agent gained $17.10 by selling a reaper at 18'i jirofit. What
must he have paid for it ?
Operation. Since the agent's whole gain was $17.10 and since his i
Rate. Gain. gain on 1 dollar of cost was 18r< or 18 cents, the cost must
IS'i = .18 ) 17.10 have been as many times 1 dollar as $ 18 is contained times
$95" = cost. ^ *1 '• 10. or $95.
EXAMPLES IN PROFIT AND LOSS. ] ?5
^ule.— Divide the gain or loss hij the jmr cent, of gain or loss.
Formula. — Cost = Gain or Loss f Rate.
EXAMPLES FOR MENTAL PRACTICE.
560. 1. "What was the cost, if I lost $15 by selling a machine \bi below cost?
£?. By selling a farm at a gain of 10^, I realized a profit of $350. Find the
cost of the farm.
S. A yacht was gold for 11250 less than cost, its owner thereby losing Vi\<f(,
of the cost. What was the price i)aid?
Jf. By selling a consignment of silk for 11^ above the invoice i)rice, a gain of
$484 was realized. Find the invoice price.
5. A suit of clothes, becoming damaged, was sold at a loss of 13^^, wherebv the
tailor lost $5.20. How much did the suit cost when made?
6. What must have been the cost of a necklace, if its owner, by selling it at
a loss of 15^^, received $45 less than it cost?
7. By selling a coach for $G3 above cost, I gained 1% on my })urchase price.
How much did it cost?
S. Having received $105 more for a house than its cost, I find my jirofit to
be lOj^ How much did I pay for the house?
9. A oookseller lost 65^ on an album, and thereby sustained a loss of 65^.
Find the cost.
EXAMPLES FOR WRITTEN PRACTICE.
561. 1. What must have been the cost of a watch and chain, if $6.90 was
lost by selling them at 12^ below cost?
.?. A dealer sold a piano at 25ftf profit, and witli the jiroceeds bought another
which he sold at 20^^^ profit, realizing a total gain of $250. What was the cost
of each?
3. By selling a lot for $1680, I received 40j^ more tlian twice its cost. At
what price did 1 purchase it?
Jf. A sells a horse to B and gains 15,<. If 13 i)aid 25ffc of $420 more for the
horse than A did, at what price did A buy it?
5. Having bouglit a house of A at 12^,^ less than it cost liim, I added $4;)0 in
repairs, and sold it for $7293, thereby gaining 10<^ on my investment. How
mucli did the house cost A?
6. A miller's gain in business for four years aggregates ^l^f^ of his capital. If
his gain is $3000, and he withdraws his gain and capital and invests it in a farm,
at $55 per acre, how many acres can he buy?
7. A merchant bought goods and paid freight on them equal to 12,''.' of their
first cost; he then sold them at m profit on the full cost, receiving QO'^ of the
price in cash and a note for $1309, the amount unpaid. Wluit was the first
cost of the goods?
8. A peddler sold 25^ of a purchase of butter at 16j^ profit, and the remanider
at 165^ profit. What was the cost, if the total gain was $39.60?
9. A dealer sold 35^ of a purchase of leather at 141'^,' jirofit, and the remainder
at 0% loss. If his net gain was $87.50, what must have been the cost?
170 EXAMPLES IN PROFIT AXD LOSS.
562. To find the Rate of Profit or Loss, the Cost and the Profit or Loss being
given.
Example. — An agent gained $17.10 by selling a reaper which cost him $95.
What was his jier cent, of gain ?
Operation.
Cost. Gain.
$95 ) 17. K> ( .18 = 18^ Explanation.— If 95 dollars of cost gain $17.10, 1 dollar of
95 cost would gain as much as 95 is contained times in 17.10, or .18,
^Q equal to 18 per cent.
760
Unle.— Divide the profit or loss by the cost.
Formula. — Per Cent, of Profit or Loss = Profit or Loss ^ Cost.
EXAMPI.ES FOR MENTAL PRACTICE.
563. ?. I gained $12.50 on what cost me $125. Find my rate per cent, of
gain.
2. I bought a bicycle for $150, and sold it for $7.50 below cost. What per
cent, did I lose?
S. What per cent, is lost by selling a $5 book at 62^ below its cost?
4. A safe costing $380 was sold at a loss of $76. Find the loss per cent.
5. A gold pen cost $2, and after being tested and found imperfect, was sold as
old gold for $1. Find the per cent, of loss.
6. What per cent, of gain is realized by buying a horse for $300, and selling
it at an advance of $100?
7. Find the per cent, of gain, on a section of Dakota prairie, bought at $4 per
acre, and sold at $10 per acre.
8. An Ohio river steamer costing $100000 was sold for $9500 profit. Find
the per cent, of profit.
9. A Vermont manufacturer, having invested $40000, gained $8250 each
year. What was his per cent, of gain per annum?
EXAMPLES FOR WRITTEN PRACTICE.
564. 1. What per cent, is gained by selling an article for 2k times its cost?
2. I bought a quantity of cloth at $1.60 per yard, and sold it at $2 per yard.
What was my per cent, of gain?
3. A speculator bought wheat at 80^ per bushel, and oats at 32{i^ per bushel.
If he sold the wheat at 90^' per bushel, and the oats at 40^ per bushel, on which
would he make the greater per cent., and how much?
4. If a boy sells three apples for what four cost him, what per cent, does he
gain?
6. Fourfifths of a stock was sold at 45^ loss, and the remainder at 225^
profit. What was the per cent, of net loss or net gain on the stock?
6'. Paper bought at $2.70 per ream, and retailed at 1^ per sheet, will yield
what per cent, of profit?
EXAMPLES IN PROFIT AND LOSS. 177
7. Potatoes costing $1.35 per barrel, and sold at 11.62 per barrel, will net
what per cent, of gain ?
8. A wood dealer, after buying 8 car loads of mixed wood, of IG cords each,
at $5 per cord, sorted it and sold 35^ of it at 1%\% gain, 35^ of it at 10^ gain, and
the remainder at 20f« gain? What was his average per cent, of gain?
9. If 33^^ of a barrel of salt be sold at 33^^ profit, and the remainder be sold
at cost, what per cent, of profit is realized on the whole?
10. An agent sold a sewing machine for $45.70, and thereby gained $18.28.
What per cent, did he gain?
11. If \ of an article is sold for what f of it cost, what is the loss per cent.?
12. If I sell ^ of an article for what ^ of it cost, what is my rate of gain?
13. A drover, buying 125 beeves at the rate of $55 per head, and 78 at $G2.50
per head, sold the lot at a profit of $2115. What was his per cent, of gain?
U. A cargo of lumber cost $3000. If ^ of it is sold for 82000, 4 of the
remainder for $1250, and what is left for $420, what is the per cent, of gain or
loss by the transaction?
16. Oil bought at 81^^" per barrel is sold at 86^'. If ^^' per barrel is allowed
for expenses, what must have been the investment, the gain having been $1350?
565. To find the Cost, the Selling Price and the Rate per cent, of Profit or
Loss being given.
Rules.— i. Divide the selling price by 1 plus the rate of gain. Or,
2. Divide the selling price by 1 minus the rate of loss.
Formulas — •! ^' ^^^^ ~ ^^^^^^S ^^^ce ^ 1 + Per Cent, of Gain.
( b. Cost = Selling Price ~ 1 — Per Cent, of Loss.
«
EXAMPLES FOR MENTAL PRACTICE.
566. 1. A buggy was sold for $105, at a gain of 5^. What the the cost?
2. What must have been the cost of a harness sold at 40^ loss, if $24 were
received for it?
3. Find the cost of making a suit of clothes, if 20^ is gained by selling it
at $18.
Jf. Find the cost of a watch that sold at a profit of 16S^ and brought $87.50.
6. I sold a house for 125^ profit, receiving therefor $2250. Wliat was the
price paid?
6. If $15360 is realized on a stock of goods after it has been damaged 40^,
what was its value before being damaged?
EXAMPLES FOR WRITTEN PRACTICE.
567. 1. One of a pair of horses was sold for $180, at a loss of 12A^; the other
was sold for $200, at a gain of 25^. What did the pair cost?
2. A fruit dealer, after losing 16! of his apples by frost, has 147^ barrels left.
If he bought his stock at $2.50 per barrel, what was his outlay?
3. What was the original value of Calumet copper mining stock, which, when
«old at a gain of 175^, brought $20625?
12
178 REVIEW OF THE PRINCIPLES OF PROFIT AXD LOSS.
Jf.. A paid 6^ tax on his income. What was his income, if, after paying the
tax, the remainder equalled $7050.94.
5. A dairy produced 20^ more cheese in March than in February, "What
was the jiroduct for March, if that for the two months was 1980 pounds ?
6. I sold a house to A at a profit of lO't; he sold it to B. gaining \h^\ and B,
by selling it to C for $6072, gained 20^ on his purchase. How much did the
house cost me?
REVIEW OF THE PRINCIPLES OF PROFIT AND LOSS.
568. ?. To find the gain, the cost and per cent, of gain being given.
Rule. — Multiply the cost by the j^er cent, of gain.
2. To find the loss, the cost and percent, of loss being given. Rule. — Mul
tiply the cost by the per cent, of loss.
3. To find the selling price, the cost and gain being given. Rule. — Add
the gain to the cost.
4. To find the selling price, tlie cost and loss being given. Rule. — Sub
tract the loss from the cost.
5. To find the cost, the gain and per cent, of gain being given. Rule. —
Divide the gain by the per cent, of gain.
6. To find the cost, the lossand per cent, of loss being given. Rule. — Divide
the loss by the per cent, of loss.
7. To find the selling price, the gain and per cent, of gain being given.
Rule. — Divide the gain by the ])er cent, of gain, and to the quotient add the gain.
8. To find tlie selling price, the loss and per cent, of loss being given.
Rule. — Divide the loss by the per cent, of loss, and froin the quotient subtract
the loss.
9. To find the per cent, of gain, the gain and cost being given. Rule. —
Divide the gain by the cost.
10. To find the per cent, of loss, the loss and cost being given. Rule. — Divide
the loss by the cost.
11. To find the per cent, of gain, the selling price and gain being given.
Rule. — Subtract the gain from the selling price and divide the gain hu the
quotient.
12. To find the per cent, of loss, the selling jirice and loss being given.
Rule. — Add the loss to the selling price, and divide the loss by the sum obtained.
MISCELLANEOUS EXAitPLES.
569. 1. What is that sum of money of which 50^ is $19.20 more than 37^j^?
2. What amount of money must an attorney collect, in order that he may
pay over to his principal $475, and retain b<^ for his services?
3. A woman is 72 years old, and 16^<^ of her age is 25,^ of the age of her
daughter. Find the daughter's age.
4. Gunpowder is made of f nitre, and the remainder of equnl parts of
sulphur and charcoal. Find the per cent, of each.
MISCELLANEOUS EXAMPLES IN PROFIT AND LOSS. 179
5. A milkman increased his herd of cows by a purchase of 36, which was 45^
of the whole number he then owned. How many had he before buying the last lot?
6. If I make a profit of 16f^ by selling a horse at 87.50 above cost, how
much must I have advanced on the cost to have realized a profit of 25f^?
7. Two persons contributed $2100 towards a business venture, from which
their part of the gain was $350. If of this gain the share of one was $70 more
than that of the other, what part of the original contribution must have been
made by each ?
8. How much money must be invested in notes, at 4«^ below their face value,
in order that, when sold at ?>io above their face, a profit of $225 may be realized ?
9. I bought a warehouse of Brown for 12^^ less than it cost him, and sold it
for 16f^ more than it cost him, gaining thereby $963. GO. How much did I pay
for the warehouse ?
10. What per cent, is gained by buying pork at $17.50 per barrel, and retail
ing it at 12^ per pound ?
11. A lady wishing to sell her piano, asked 15^ more than it cost, but finally
sold it at 12.T^ less than her asking price. What did the piano cost, if by its
sale she gained 155 ?
12. Having bought 75 barrels of ajiples for $187.50, I sold them at a loss of
20^. How much did I receive per barrel ?
13. A sells a steam tug to B, gaining 12^^^, and B sells it to C for $4130, and
makes a profit of 18^. How much did the tug cost A ?
III.. What per cent, is lost on an article that is sold for twothirds of its
cost ?
15. A farmer, after selling 1760 barrels of apples, had 20^ of his crop left.
How many barrels had he at first?
16. I lost 25^ of a consignment of berries. At what per cent, of profit must
the remainder be sold, in order that I may gain 10^ on the whole ?
n. A Texas farm of 160 acres was bought at $15 jier acre; 8354 were paid for
fencing, $480 for breaking, $626 for a house, and $220 for a barn. At what
price per acre must it be sold, to realize a net profit of 25,'^ on the investment ?
18. King sold his wheel at 33^^ gain, and with the money bought another,
which he sold at a loss of 25^, receiving therefor $120. Did he gain or lose,
and how much ?
19. What per cent, more is \ than f ?
20. Cloth, bought at $4 per yard, must be marked at what price in order that
the seller may make a reduction of 10^ from the asking price and still gain 124^
on the cost ?
21. If 25^ of the selling price is gain, what is. the per cent, of gain ?
22. I sell f of a stock of goods for $27, thereby losing 20^. For what must
I sell the remainder, to make a profit of 20^ on the whole ?
23. If 30c^ of a farm sold at 33^^ gain, and 30f^ of the remainder at 15^ gain,
how much was the total gain, if the remainder was sold at cost for $7350 ?
^^. What per cent, of cost is realized on goods marked 25^^ advance and sold
at 20^ off from the marked price ?
180 MISCELLANEOUS EXAMPLES IN" PROFIT AND LOSS.
25. A biinker bought a mortgage at 7^^ less than its face value, and sold it
for Z'/t more than its face value, thereby gaining $981.75. What was the face
value of the mortgage ?
26. At what jnice should damaged goods be marked to lose 25^, the first
cost having been 36^ per yard ?
27. A man sold a carriage and gained 25^, and with the proceeds bought
iinother, wliicli he sold at a profit of lO,'^, thus realizing a total gain of $75.
"What did he pay for eacli ?
28. If I sell f of an acre of land for what % of it cost, what Avill be my gain
or loss per cent. ?
29. 21^^ was lost by selling an engine for $2355. How much would it have
brought had it been sold at a loss of XOfc ?
30. "What price must be asked for 1000 pounds of coffee, costing 18^ per
pound, in order tliat tlio seller may deduct lO,'^ from the asking price for bad
debts, allow 1G^ for loss in roasting, and still gain 20,^^ on the cost?
31. B and C each invested an equal amount of money in business; B gained
12i^ on Ills investment, and C lost $5275 ; C's money was tlien 42^ of B's.
How many dollars did eacli invest ?
32. A trader lost 33^f^ on 20^ of an investment, and gained 12^^ on the
remainder, thus realizing a net gain of $1000. Had he gained 20^ on J, and
lost 2")'^ on the remainder, what would have been his net profit ?
33. A manufacturing company's per cent, of gain on a selfbinder was 25^ less
than that of tlie general agent; the general agent's profit was 20^, he thereby
gaining $25.30. "What did it cost to make the machine ?
31).. Of a cargo of 8000 bushels of oats, costing 35^ per busliel, 25j^ was
destroyed by fire. What per cent, will be gained or lost, if the remainder of the
oats are sold at 45^ per busliel ?
35 For Avhat must hay be sold per ton, to gain 16^ if, by selling it at $18
per ton. there is a gain of 25^ ?
30. Jones sold \ of a stock of goods at cost, \ at a gain of 35^, ^ at a loss of
25^, and ^^ at a gain of 10^. At what per cent, of its cost must he sell the
remainder to net cost on the whole ?
37. After a carriage had been used two years, it was sold for $5 less than it
cost, the seller thereby sustaining a loss of 'd^'fo of tlie selling price. How much
was the first cost of the carriage ?
38. li oranges cost $1.80 per liundred, at what price must tliey be marked
to ensure a gain of 20^, and make allowance for 28^ decay, and 25,^ bad debts in
selhng ?
39. Having paid 40^ per pound for tea, at Avhat retail price must it be marked,
that I may allow 12^^ for bad debts and gain 40^ on the cost ?
Jf.0. Six wheelrakes were sold for $21 each; three of them at a gain of 20j^,
and tlie others at a loss of 20je. "What was the net gain or loss ?
Jf.1. A stock of goods is marked 22^^ advance on cost, but becoming damaged,
is sold at 20^ discount on the marked price, whereby a loss of $1180.40 is sus
tained. "What was the cost of tlu; goods ?
MISCELfcANEOUS EXAMPLES IN PROFIT AXD LOSS. 181
Ji2. My retail price of Axminster carpet is $3.50 per yard, by which I gain
25^. If I sell at wholesale, at a discount of %o^o from the retail price, how much
do I receive per yard. "What is my per cent, of gain or loss, and how much is
my actual gain or loss by selling 1000 yards at wholesale ?
JfS. If the loss equalled \ of the selling price, what was the per cent, of
loss ?
Ji4. A grocer bought 200 quarts of berries, at 11^^ per quart, and 150 quarts
of cherries, at 6^^ per quart. Having sold the cherries at a loss of 30fc, for how
much per quart must he sell the berries, to gain 15j^ on the whole ?
Jf.G. A sells two horses to B at an advance of IGf;?;, B sells them to C at an
advance of 25,'?^, and C sells them to D for $735, thereby making a profit of 20^.
IIow much did A pay for the horses ?
Jfi. Having bought 48 pounds of coffee, at the rate of 34 i:>ounds for 91^, and
84 pounds more at the rate of 7 pouads for $1.26, I sold the lot at the rate of
9 pounds for $1.53. What was my per cent, of gain or loss ?
' Jfl. By selling at a loss of 6^ per yard I get 87+^^ of the cost of cloth. What
per cent, of the cost would I have received had I lost %<P per yard ?
Jf8. If 15^ is lost by selling suits at $17 each, how much would be gained by
selling them at 15^ profit ?
Jt.9. The price of a suit of clothes having been marked down 20j^ or to $27,
the dealer, in order to effect a sale, discounted again 15^^^, and still by the sale
made a profit of 14f ^. What per cent, above cost was the suit originally marked ?
50. An Iowa farm passed through the hands of five owners, each of whom
in succession gained 20^':^ by its purchase and sale. If the average gain was
$1488.32, what was its first cost, and what was its final selling price ?
51. By selling a stock of goods at 20^'i^ below cost, I received $150 less tluin I
would have received had I sold tlie goods at 20^ above cost. Wluit should the
goods have sold for to gain 20,ro ?
52. The first cost of Parisian goods purchased through an agent was increased
18,<^ by the charges of the agent, the freight, and the import duties; I sold the
goods at 25,^ advance on full cost, thereby gaining $1785. Find the first cost.
5S. After iising a carriage for two years, I sold it for 3^^ of its selling price
less than it cost, thereby losing $5. How much would it have brought, had the
amount received for it been "i^^o of the selling price more than it cost ?
5Jt. An agent bought a reaper at 20^ off from the wholesale price, and sold
it at an advance of 30^, thereby gaining $37.50. If the wholesale price was 25^
above the cost of manufacture, what was the cost to the manufacturer?
55. I sold a house at 25^ profit, and invested the proceeds in dry goods, on
which I lost 12^^ ; I invested the proceeds from the sales of dry goods in stocks,
on which I lost 10<^. What was my net gain or loss per cent. ?
56. Having paid a retailer $138.60 for a set of furniture, I ascertain that by
selling to me he gained 12^^, that the wholesaler of whom he bought gained 10^,
that the jobber by selling to the wholesaler gained 16^, and that the manufac
turer sold to the jobber at 20^ above its first cost. How much more than its
first cost did I pay ?
182 MISCELLANEOUS EXAMPLES IX PROFIT AND LOSS.
57. I wish to line the carpet of a room 21 ft. long and 18 ft. wide with duck
f of a yard in Avidth. How many yards will be reqnired, if it shrink 10,'^ in
width and hi> in length ? If tlie carpet be laid lengthwise of the room, and be
furnished at $2.25 per yard, f of a yard wide, and the duck, before shrinking, at
200 per square yard, and a i)r()fit of IGf*^ be realized on both, Avhat Avill be the gain?
58. If I pay 83.20 for, 20 gal. of vinegar, how many gallons of water must
be added, that 40,'^ profit may be realized by selling it at \b<f! per gallon ?
59. A huckster sold a quantity of potatoes and onions, gaining 37^^ on the
onions and 25ffc on the potatoes, 33J,'* of his profit being realized on the potatoes.
At what price was each sold, if the total gain was $450 ?
60. What price each must be asked for cocoanuts, costing S4 i)er C, that an
allowance of l<o'^'t for breakage, 20,^^ for decay, and ll,ff for bad debts may be
made, and still a profit of 33^'^' be realized ?
61. A tree agent sold apple and pear trees for $2187.50; he gained 16^ on
the apple, and 37,'o on the pear trees, receiving for the pear 75^ as much money
as for the apple trees. Find the cost of each kind.
62. A dry goods house bought a stock of goods, and sold \ of it at 25^ profit,
I of it at 20^ profit, ^ of it at 16f/^ loss, ^ of it at 12^^ gain, and the remainder,
which cost $4549.25, at 15^ gain. What Avas the net gain or loss, and the jier.
cent, of gain or loss, on the entire stock ?
63. A butcher paid equal amounts of money for calves, pigs, and sheep; he
cleared 14*^ on the calves, 10,l! on the pigs, and lost 30^ on the sheep. How
many dollars Avere i)aid for each kind of stock, the total amount recei\'ed having
been $1336.50?
64. I sold my house to B and lost 10^ of its cost; B expended $375 for repairs
and sold it to C at 120'^ of its full cost to him; C expended $525 in enlarging
the house, and then sold it for $6354, thereby making a profit of 20^ of its full
cost. HoAv much did I i)ay for the property ?
65. A speculator, investing equal sums in corn and Avheat, gained $2713.50
more on the corn than on the Avheat. If he gained 10^ on the Avlieat and 15^
on the corn, hoAV many bushels of each must have been purchased, the corn
having been bought at 60^' per bushel and the Avheat at 80^ per bushel ?
66. A drover bought 50 horses, cows, and sheep for $870; the number of coavs
was 600^ of the number of horses, and the number of sheep was 300j^ of the
number of cows; the horses cost 200$^, and the sheep 20^, as much as the cows.
If the entire purchase was sold at a profit of 20'?^, hoAV much Avas received i)er
head for each kind ?
TRADE DISCOUNT. 183
TRADE DISCOUNT.
570. Discount is the allowance made for the i)ayment of a debt before it
becomes due.
571. Trade Discount is the allowance made by manufacturers and mer
chants upon tlieir fixed or list prices.
Remahks. — 1. It is customary iu many branches of business for merchants and manu
facturers to have fixed price lists of their goods, and when the market varies, instead of
changing the price list, to change the rate of discount.
2. Business houses usually announce their terms upon their " billheads," as, " Terms, 3
months, or 5;« off for cash;" " Terms, 60 days, or 3;? discount in 10 days," etc. When bills
are paid before maturity, legal interest for the remainder of the time is usually deducted.
572. There may be more than one Trade Discount, and they are then known
as a Discount Series.
573. Trade Discount is computed by the rules of percentage, on the marked
price as a base. When a series of discounts is allowed, the first only is so com
puted, and in every subsequent discount the remainder, after each preceding
discount, is regarded as tlie base.
574. To find the Selling Price, the List Price and Discount Series being given.
Example (first illustration). — The list price of a sewing machine is ^00.
"Wliat is the net selling price, if a discount of 40,^0 is allowed ?
Operation.
$ 60 = list price.
••^^ = ^ of discount. Explanation. — Since the discount is 40 per cent., and
f 24 = discount. *^^ ^^^^ price, or base, is .$60, the discount to be deducted
will be 40 per cent, of $60, or $24 ; and the net price will
$ 60 = cost. be $60 minus $24, which equals $36.
24 = discount.
$ 36 = 2ict selling price.
Example (second illustration).— Tlie list price of a threshing machine is 1900.
TVhat is the net price, if a discount scries of 25^, 20,<, and 10^ is allowed ?
Operation.
$900 = list price.
~^^ — ^^^« or :^ = 1st discount. Explanation.— From the list price take the
$075 = rem. after 1st discount. ^^^ discount, and make each remainder the base
135 = 20'^ or 4 = 2d discount ^^^ ^^^^ succeeding discount. The last remainder
rr7~ . "^ ^ , . will be the net price.
$o40 = rem. after 2d discount.
54 = 10^, or fu = 3d discount.
$480 = rem, after od discount, or net price.
Remark. — Iu like manner treat any series of discounts.
184 EXAMPLES IN TRADE DISCOUNT.
Rule. — Deduct the first discount from the list price, and each subse
ifuent discount from each successive remainder.
CXAMPIJSS FOK PKACTICK.
575. 1. What is the selling price per dozen of hats, listed at 136, and
discounted 20f^ and 15,<^ ?
2. Find the net price of a ton of fence wire, listed at 9'/ per pound, and sold
at T0,< and hio off.
S. Find the net cost to the purchaser of a bill of goods invoiced at 81100,
from which discounts of 20f^ and 'i.h'fo Avere allowed.
4. An invoice of silk amounting to $12000 was sold Sept. 21, 1888, at a
discount of 25,^^, 20^, and 12^,^^, with a further discount of I'd'lo to be allowed if
paid within 30 davs. How much cash will pay the bill Oct. 15, 1888 ?
5. Having bought merchandise at 25'^ and ISf* discount from the list ])rice
of $1500, I sell it at Ib^t, 15c?, and 10,^ from the same list price. Do I gain or
lose, and how much ?
6. A wholesale dealer offers cloth at §2. 40 j^er yard, subject to a discount of
25^, 20,^^, 10^, and 5^. How many yards can be bought for $246.24 ?
7. What is the net cost of a bill of goods invoiced at $2150, and sold at a
discount of 15'^, 10^, hi, and Z< ?
8. Three drummers. A, B and C, offer me the same grade of goods at the
same list price. A offers to discount 25^ and 15^; B 20^^ and 20^; and C 15^^
15^, and 10^. With which will it be most advantageous for me to deal, and
how much would I save from a list price of $200 ?
Remarks. — 1. It is often convenient in finding the net price to multiply the list price by 1
minus the first discount, the remainder by 1 minus the next, and so on.
2. The order in which the discovmts of any series are considered is not material, a series of
25, 15, and 10 being the same as one of 15, 10, and 25, or of 10, 25, and 15.
576. To find the Price at which Goods must be Marked to Insure a Given
Per Cent, of Profit or Loss, the Cost and Discount Series being given.
Example (first illustration). — Having bought goods for $105, at what price
must they be marked to allow a discount of %h<:, and still make a profit of 10,^ ?
Explanation. — The cost, $105, is 100 per
Operation cent, of itself ; the rate of discount to be al
.„_ ,1 L lowed is 25 per cent.; 100 percent, minus 25
' per cent., or 75 per cent., is the per cent, which
•^^^ = ^ to be gamed. ^j^^ ^^^^ ^ ^ insured is of the price to be
$10.50 = giiiii to be insured. asked. And if 10 per cent, must be insured,
105 00 = cost. ^^^ goods must actually bring 10 per cent., or
7 ,. • . i_ T $10..")0 more than cost, or $115.50. And since
$115.50 sellmg price to be insured. , , .. t ^r , • . i ^ ,
* o i a deduction of 25 per cent, is to be made from
n,f. X A^ ^  Q the iiskiug price, the selling price, $115.50, will
' ' — _ . be only 75 per cent, of the asking price.
$154 asking price. Therefore, divide $115.50 by .75, and the quo
tient, $154, will be the asking price.
EXAMPLES IN TRADE DISCOUNT. 185
Example (second illustration). — A seal sacque cost a manufacturer $240. At
what price must it be marked, that a discount series of 25^, 20^, and 20^ maj
be allowed, and he still make a profit of 30^ ?
Operation,
$240 = cost or base. $1.00 = ^ of price realized.
.30 = 'f^ to be gained. .25 = <^ of 1st discount.
72 = gain to be insured. .75 = ^ of price to be received in.
240 = cost. order to gain 30^ and allow
$"312 = price to be received. ^^^ discount.
.75 ) $312.00 $1.00 = ^ of price.
. .20 = fo of 2d discount.
$410 = asking price m order
to pay $240, gain .80 = ^ oi price to be received in
30,^, and allow a dis order to gain 30,*^ and dis
count of 25^. count 25^ and 20^.
.80 ) $416.00 $1.00 ^ ^ of price.
, . . . T .20 — ^ of 3d discount.
$520 = asking price in order to
pay $240, gain 30^, and .80 = ^ of price to be received in
discount 25^c and 20^. order to gain 'dWo and dis
count 25^, 20^, and 20^.
.80 ) $520.00
$550 = asking price in order to gain 30^ and
allow the full discount series.
Rule. — Add to the cost the gain required, and divide consecutively bjf
1 minus each of the rates in the discount series.
EXAMPLES FOK PRACTICE.
577. 1. What must be the asking price of a watch, costing $18, that 33^^
may be gained, after allowing the purchaser a discount of 20^ ?
2. Having bought an invoice of lawn mowers at $15 each, I desire to so mark
them that I may gain 20^, and still discount 25^ and 20^ to my customers. At
what price must each be marked ?
3. Having paid $8800 for a stock of goods, what price must be asked for it,
in order to gain $1100 and allow 12^^^^ and 10;^^ discount ?
Jf. After buying velvet at $5 per yard, I so marked it as to allow discounts of
25^, 20^, and 16f^ from the marked price, and yet so sell it as to lose but 10^
on my purchase. At what price per yard was the velvet marked ?
5. The cost of manufacturing silk hats being $36 per dozen, how must they
be marked, that a gam of 16f ^ may be realized by the manufacturer, after allow
ing discounts to the trade of 20^ and 12^^^?
6. If a carriage be marked 33^j^ above cost, what per cent, of discount can
be allowed from the marked price and realize cost?
7. If the list price of an article is 25^ advance on the cost, what other per
cent, of discount than 10^ must be allowed, to net 10^ gain by sale ?
186 EXAMPLES IN TRADE DISCOUNT.
8. A merchant purchasing a bill of goods was allowed discounts from the list
price of Ib^, 10^, 10^, and fi^. If the total discount allowed was $352.81,
what must have been the asking price of the goods ?
578. To find a Single Equivalent Per Cent, of Discount, a Discount Series
being given.
Example. — What single rate of discount is equal to the series 25^, 20^ lOji^,
and b'^c ?
Operation.
IIOOO = assumed list price or base.
250 = 1st discount.
$750 = 1st rem. or 2d base.
150 = 2d discount Explanation. — Assume $1000 as the list
' price, and successively deduct the discounts as
$600 = 2d rem. or 3d base. by the series, and compare the result with the
60 =■ 3d discount. base assumed.
$540 = 3d rem. or 4th base.
27 = 4th discount.
$513 = 4th or last rem. or net price.
$1000 = list price, or base.
513 = net price.
$487 = total discount on $1000, which, divided by 1000, gives 48y'L, the per
cent, of discount equivalent to the given series.
Rule. — From $1000 as a list pi'ice, or base, take the discounts in order;
subtract the final remainder from the hase taken, and the result irill be
the total discount ; then point off from, its right three places for decimals,
and the expression thus obtained mill be the equivalent per cent, of dis
count required.
Remark. — This is the usual method, and it is more convenient for business men than to
compute the net price for each sale through a series of discounts.
EXAMPLES rOK PRACTICE.
579. 1. Find a single discount equivalent to a series of 10^ and 10^.
2. Find a single discount equivalent to a series of 25^, 15^, and 5^.
3. Find a single discount equivalent to a series of 30^, 20^, lOj^, and 3^^.
Jf. Goods were sold 25^, 35^, 20^, and Ib^ off ; what single discount would
have insured the same net price ?
6. What is the difference between a single discount of 50^ and a series of
20^, 20^, and 10^ ?
6. What per cent, of the list price will be obtained for goods sold at a
discount of 35^, 20^, 15^, 10^ and b'^ ?
7. From a list price, I discounted 30^ 25^ 20^, 15^, 124^, 10^ and b^.
What per cent, better for the purchaser would a single discount of 75^ have
been ?
STOKAGE. 187
STORAGE.
580. Storage is a provision mude for keeping goods in a wareliouse for
a time agreed upon, or for an indefinite time, subject to accepted conditions.
581. The term storage is used also to designate the charges for keeping
the goods stored.
582. Rates of storage may be fixed by agreement of the parties to tlie con
tract, but are often regulated by Boards of Trade, Chambers of Commerce,
Associations of Warehousemen, and by legislative enactment.
583. Storage Charges may be made at a fixed price per package or bushel,
or at a fixed sum for a term or terms ; they may be made for a term of days or
months ; but usually, if the goods stozed are taken out before the storage time
expires, the charge made is for the full time.
584. The rates of storage often vary for grains, or goods of different grades
or values, and also on account of different modes of shipment.
Remarks. — Storage Receipts, especially of grains, are frequently bought and sold under the
name of "Warehouse Receipts "or "Elevator Receipts," as representing so much value by
current market reports.
585. Cash Storage is a term applied to cases in which the payment of
charges is made on eaeii withdrawal or shipment, at the time of such withdrawal
or shipment, notwithstanding the fact that the owner may still have goods of
the same kind in store at the Avarehouse.
586. Credit Storage is a term applied to cases in which sundry deposits or
consignments are received, from which sundry withdrawals or shipments are
made, and all charges adjusted at the time of final withdrawal.
Remarks. — 1. When deposits or consignments, and withdrawals or shipments, are made
at different times, credit is to be given for the amount of each deposit or consignment, from
tlie date to its final withdrawal or shipment, and credit given to the owner or consignor for each
withdrawal or shipment, from date up to the time of settlement.
2. In the private bonded warehouses of the United States, goods may be taken out at any
time, in quantities not less than an entire package, or, if in bulk of not less than 1 ton, by the
payment of duties, storage, and labor charges. The storage charges are computed for periods
of one month each, a fractional part of a month being counted the same as a full month.
3. Drovers sometimes hire cattle fed on account, entering and withdrawing them as circum
stances require; such accounts are closed in the same manner as are those for storage.
587. To find the Simple Average Cash Storage.
Example. — There was received at a storage warehouse : Oct. 11, 300 bar.
apples; Oct. 30, 250 bar. potatoes; Nov. 13, 200 bar. apples; Nov. 20, 60 bar.
quinces ; Nov. 28, 280 bar. apples. The merchandise was all delivered Dec. 2.
188 STORAGE.
If the contract specified that the rate of storage was 5'/ per barrel for a period
of 30 days average storage, what Avas the storage bill ?
0PERA.TI0N.
The storage of 300 bar. for 52 da. = the storage of 1 bar. for loGOO da.
The storage of 250 bar. for 33 da. = the storage of 1 bar. for 8250 da.
The storage of 200 bar. for 19 da. = the storage of 1 bar. for 3800 da.
The storage of 60 bar. for 12 da. = the storage of 1 bar. for 720 da.
The storage of 280 bar. for 4 da. — the storage of 1 bar. for 1120 da.
The total storage = the storage of 1 bar. for 29490 da.
Or, 983 periods of 30 days each; $.05 x 983 = 1^49.15, storage bill.
Explanation. — The 300 barrels constituting the first deposit or delivery were stored from
Oct. 11 to Dec. 2, or for 52 days; the storage of 300 bar. for 52 days equals the storage of 1
barrel for 15600 days; the storage of 250 barrels for 33 daj's equals the storage of 1 barrel for
8250 days; that of 200 barrels for 19 days equals 1 barrel for 3S00 days; that of 60 barrels for
12 days equals 1 barrel for 720 days; that of 280 barrels for 4 days equals 1 barrel for 1120
days. The total storage was equal to that of 1 barrel for 29490 days, or for 983 storage terms
or periods of 30 days each. Since the storage charge was 5^^ per barrel for each average period
of 30 days, the charge would amount to .05 X 983, or $49.15.
Rule. — Multiply the nuniber of aiUcles of each receipt by the iiuiriber
of days between the time of their deposit and withdrawal; divide the
Slim of these products hy the number of days in the storage period, and
midtiply the qiiotieiit by the charge per period.
KXAMPLE.S FOR PRACTICE.
688. 1. There was received at a warehouse: May 30, 4000 bu. wheat; Jitiie
5, 2600 bu. oats; June 24, 3500 bu. barley; July 18, 5000 bu. corn. If all of this
was shipped July 20, wlutt was the storage bill, the charge being 14^ per bushel
per term of 30 days average storage ?
2. A farmer received for pasture: April 30, 12 head of cattle; May 15, 14
head of cattle; May 23, 27 head of cattle; June 9, 5 head of cattle; June 30, 8
head of cattle; July 16, 40 head of cattle. All were delivered July 25, and the
charges were 75^ per head for each week of 7 days average pasturage. How
mucl> was his bill ?
589. To find the Charge for Storage with Credits.
Example. — The storage charges being ■2<f: per barrel for a month of 30 days
average, what will be the bill in the following transaction ?
Received.
July 19, 100 bar.; July 31, 240 bar.:
Sept. 8, 3G0 bar.
Delivered.
Aug. 15, 300 bar. ; Sept. 12, 2()0 bar.;
Oct. 1, 200 bar.
EXAMPLES IX STORAGE. 189
Operation.
Prom July 19 to July 31 = 12 da.; 100 bar. stored for 12 da. = 1 bar. stored for 1200 da.
July 31 240 bar. received.
From July 31 to Aug. 15 = 15 da.; 340 bar. stored for 15 da. = 1 bar. stored for 5100 da.
Aug. 15 300 bar. delivered.
From Aug. 15 to Sept. 8 = 24 da. ; 40 bar. remaining; for 24 da. = 1 l)ar. stored for 960 da.
Sept. 8 360 bar. received.
From Sept. 8 to Sept. 12=4 da. ; 400 bar. stored for 4 da. = 1 bar. stored for 1600 da.
Sept. 12 200 bar. delivered.
From Sept. 12 to Oct. 1 = 19 da. ; 200 bar. remaining for 19 da. = 1 bar. stored for 3800 da.
Oct. 1 200 bar. delivered.
000 Total = 1 bar. stored for 12660 da..
Or, 422 terms of 30 da. each; $.02 X 422 = $8.44, total storage bill.
Explanation. — 100 barrels were stored for 12 days, when 240 barrels were added; these 340
barrels were stored 15 days, when 300 barrels were withdrawn; the 40 remaining barrels were
stored 24 days, when 360 barrels were added; these 400 barrels were stored 4 days, when 200
barrels were withdrawn; the remaining 200 barrels were stored 19 days and then withdrawn.
The total storage thus equalled that of 1 barrel for 12660 days, or for 422 terras of 30 days
€ach; and since the charge for 1 term is $ .02, for 422 terms it would be 422 times $ .02, or
$8.44, the total amount of the bill.
Rule.— I. Multiply the ninnher of articles first received hy the nurti
ber of days between the date of their receipt and the date of the next
receipt or delivery ; add the number of articles of such next receipt, or
subtract the iiuniber of sucJo delivery, as the case may be, and so pro
ceed to the time of final delivery.
II— Divide the aggregate storage by the number of days in tlie storage
term, and multiply the quotient by the storage charge per term.
EXAMPLES FOK PKACTICE.
590. 1. What will be the storage charge, at 4{?!' per barrel, for a term of
thirty days average, in the following transaction ?
Delivered.
Mar. 1, 100 bar. apples.
Mar. 28, 190 bar. flour.
Apr. 15, 60 bar. potatoes.
Apr. " 60 bar. flour.
Apr. 29, 230 bar. flour.
2. A drover hired pasture of a farmer, agreeing to pay 84.20 per head of
stock pastured for each average term of 30 days. What was the amount of the
bill, the receipts and deliveries being as follows ?
Received. Delivered.
Feb.
8,
iieceiveu.
180 bar.
flour.
Feb.
27,
100 bar.
api)les.
Mar.
8,
60 bar.
potatoes.
Mar.
13,
300 bar.
flour.
June 15, 21 head of cattle.
June 27, 20 head of cattle.
July 5, 15 head of cattle.
July 29, 40 head of cattle.
July 31, 40 head of cattle.
July 1, 30 head of cattle.
July 20, 15 head of cattle.
July 30, 15 head of cattle.
Aug. 21, the remainder.
190
EXAMPLES IN STORAGE.
591. To find the Storage where Charges Vary.
Example. — At a warehouse there was received and delivered flour, as follows:
Delivered.
Jan. 23, 250 bar.
1, 400 ])ar.
Mar.
Received.
Jan. 3, 150 bar.
Jan. 20, 200 bar.
Feb. 1, 300 bar.
The storage charge on the above was, bf per barrel for the first 10 dajs or
part thereof, and 3^ per barrel for each subsequent period of 10 days or part
thereof. What sum must be paid in settlement?
Operation.
Date. Receipts and Deliteries.
Jan. 3, received 150 l)ar.
200 •'
20, '' __
350
23, delivered 250
Feb.
Mar.
100
1, received 300
400
1, delivered 400
in store.
150 bar. stored 20 davs, or
100 '• 3 ''
remainder.
Rate. Storage.
terms, 89* = ^12.00
term, 5'/ = 5.00
in store.
100 bar. stored 40 davs, or 4 terms, 14^ = $14.00
300 "  28 •' 3 *• 11^ = 5.00
Total storage.
= $64.00
Explanation. — Of the 250 barrels delivered Jan. 23, 150 barrels had been in store since
Jan. 3, 20 days or 2 terms, and the charge was 5 cents plus 3 cents, or 8 cents per barrel,
which equals $12 storage. The remaining 100 barrels of the delivery of Jan. 23, had been
in store only since Jan. 20, 3 days or 1 term, at cents per barrel, equal to f storage. Of the
400 barrels delivered Mar. 1, 100 barrels had been in store since Jan. 20, 40 days or 4 terms,
at 5 cents plus 3 cents plus 3 cents plus 3 cents, or 14 cents per barrel, equal to $14 storage;
while the remaining 300 barrels had been in store since Feb. 1, 28 days or 3 terms, at 5 cents
plus 3 cents plus 3 cents, or 11 cents per barrel, equal to $33 storage. By addition, the total
storage is found to be $64.
l^wXe.—Mujltiply the number of articles of each delivery by tJie charge
fur ihe term or imns stored, and add the products so obtained.
EXAMPLK FOK PK.4.CTICE.
592.
follows:
1. The receipts and deliveries of goods at a storage warehouse were as
Received.
Sept. 2, 100 bar.
Sept.
Oct.
Oct.
Nov.
25,
19,
31,
7,
200 bar.
350 bar.
150 bar.
200 bar.
Deli I
'ered.
Sept.
20,
100 bar.
Sept.
30,
100 bar.
Oct.
10,
100 bar.
Oct.
20,
100 bar.
Oct.
30,
100 bar.
Nov. 20, the remainder.
The contract required the payment of 0'/ per barrel for the present term of
30 days or fraction thereof, and 3^ per barrel for each subsequent term of 30
days or fraction thereof. Find the storage bill.
COMMISSION. 191
COMMISSION.
593. An Agent is a person who transacts business for another; as, the
purcliase or sale of merchandise or real estate, collecting or investing money, etc.
594. An agent who receives goods to be sold is sometimes called a factor or
commission merchant; one employed to buy or sell stocks or bonds, or to nego
tiate money securities, is called a hroker.
595. Commission is an allowance made to agents or commission merchants
for transacting business. It is usually a percentage of the money involved in
the transaction, although sometimes it is computed at a certain price 2)er bale,
bushel, barrel, etc.
596. The Agent's Commission for selling is computed on the gross pro
ceeds, and for purchasing on tlie prime cost.
597. The Principal is the person for whom the business is transacted.
598. A Consignment is a shipment of goods from one party to another, to
be sold on account of the shipper, or on joint account of the shipper and the
consignee. The shipper is called the Consignor, and the one to whom the goods
are shipped is called the Consignee.
599. Ouaranty is a per cent, charged by an agent for assuming the risk of
loss from sales made by him on credit, or for giving a pledge of tlie grade of goods
bought; it is computed the same as are commission charges.
600. The Gross Proceeds of a sale or collection is the total amount
received by the agent before deducting commission or other charges.
601. The Net Proceeds is what remains after all charges have been
deducted.
Remakks. — Charges maybe for commission, guaranty, freight, inspection, cartage, storage,
or any other outhiy incident to the sale.
602. All Account Sales is a statement in detail rendered by a Consignee to
his Consignor, showing the sales of the consignment, all of the charges or
expenses attending the same, and the net j^roceeds.
603. All Account Purchase is a detailed statement made by a purchasing
agent to his princijial, having the quantity, grade and i)rice of goods bought on
his account, all the expenses incident to the purchase, and the gross amount of
the purchase.
60'1. Commission compares with Abstract Perce?itage, as follows:
The Prime Cost or Gross Selling Price = Base.
The Rate Per Cent, of Commission = Kate.
lO'J COMMISSION.
The Commission for either buying or selling, or for guaranty of quality or
credit = Percentage.
The remittance to Purchasing Agent, including both Commission and Invest
ment = Amount.
The Selling Price, minus the Commission = Difference.
605 . — To find the Commission, the Cost or Selling Price and Per Cent, of
Commission being given.
Example:. — IIow much commission will be due an agent Avho buys $8000
worth of coal, on a commission of o'i?
^^^^■^^^°^* Explanation.— Since the rate of commission
#800(1 = investment or base. is .5 per cent., the whole commission due the agent
.05 = per cent, of commission. will be 5 per cent, of the investment, $8000, or
$.100 = commission or percentage. $400.
Remark. — In case of sales, proceed in like manner, treating the selling price as the base.
^\l\e.—JIiiJf7phj the cost or selling price hij the rate per cent, of
eoDiniissioji.
Formula. — Commission = Cost or Selling Price X Rate per cent, of Commission.
EXAMPLES FOK PRACTICE.
606. i. A}i agent sold a house and lot for «6000, and charged 3^ for his
services. How much was the commission?
2. Having agreed to pay an agent 3f^ for all purchases made by him, how
much will be due him, if he buys for me goods costing $2500?
3. If an agent's charges are 2f^, how much commission will he earn by selling
property valued at $12500?
Jf. I owned onehalf of a stock of goods sold by an agent for $10000. If the
agent charged b\'i for selling, how much commission must I pay?
5. An auctioneer sold a store for $8500, and its contents for $7350. How
much did his fees amount to, at If;^?
6. A real estate agent sold a farm oi 91 acres, at $120 per acre, on a com
mission of 2<; and the stock and utensils on the farm for $3150, on a commission
of 5<. What was the amount of his commission?
607. To find the Investment or Gross Sales, the Commission and Per Cent
of Commission being given.
Example. — If uu agent's rate of commission is 2f(, what value of goods must
he sell to earn a commission of $50?
Operatiox. Explanation. — Since the agent's commission is 2 per
qqqj cent., he earns 2 cents by selling $1 worth of goods; the
2^ = 02 ^ $50 00 value of the goods sold, therefore, must be as many
— — — times $1 as 2 cents is contained times in $50; 2 cents is
$.500 gross sales, contained in $50, 2500 times, and 2500 times $1 is $2500.
Remark. — T^'hen commission for purchase is given and cost required, proceed in like
manner.
EXAMPLES IX COMMISSION. 193
Uule.— Divide the commission by the rate per cent, of commission.
Formula. — Prime Cost or Gross Selling Price = Commission, divided by the
Eate Per Cent, of Commission.
EXAMPLES FOK PRACTICE.
608. 1. What amount of merchandise must be purchased on a commission
•of Z\<j(>, in order that an agent may receive a commission of $175?
2. An agent received l>306.25 for selling wheat, on a commission of \\^.
What Avas the amount of the sales?
3. A collector's charges of 5^ for collecting a note amounted to $14. 10. What
sum was collected?
4. A factor charged $216.80 for selling a consignment of canned fruit. If
his commission was 2^, what must have been the gross sales?
5. I paid a grain dealer \\'/o for buying corn for me, at 62^ per bushel. If his
•commission amounted to $83.70, how many bushels did he buy?
6. A Mobile factor earned $99.75 by selling cotton, at 2f^ commission. How
many bales, averaging 560 lb., did he sell, the price being 15^ per pound ?
6(M). To find the Investment and Commission, when Both are Included in a
Remittance by the Principal.
Example. — If $1050 is sent to a Saginaw agent for the purchase of salt, how
much will he invest, his rate of commission being o,'^?
Operation. Explanation.— For each dollar invested
^1.00 = investment. by the agent, the principal supplies the dollar
.05 = commission. invested and 5 cents for the agent's services;
a,, AK ^i, ^ i. i. ■ • ^ J! 1 therefore the agent will invest only as manv
$1.05 = actual cost to principal of each , „ . ,. *^ , ^ ^. ^. .
, , dollars in salt as $1 plus 5 cents, or $1.05, is
dollar invested by agent. contained times in the remittance, $1050; 1.05
1.05 ) $1050.00 is contained in $1050. 1000 times; hence the
$1000 sum invested in salt. investment is $1000.
Rule.— Divide the remittance by 1 plus the rate per cent, of coinmission.
Remarks. — 1. All computations in commission may be made by applying the principles of
Percentage.
2. When a charge is made for guaranty, add the per cent, of guaranty to 1 plus the rate per
■cent, of commission, and proceed as above.
Formula. — Investment = Remittance to Agent 4 1 plus the Rate Per Cent,
■of Commission.
EXAMPI.es FOK PRACTICE,
610. 1. An agent receives $12504.20, with instructions to invest in avooI.
If his commission is 3c^, how many dollars worth of wool will he purchase?
2. How many pounds of wool, at 27{^ per pound, can be bought for $8424, if
the agent is allowed Afo for purchasing?
8. I remitted $1306.45 to a Boston agent for the purchase of soft hats. If
the agent's commission is 4,'^, and he makes an added charge of 2^ for guaranty
of quality, how many dozen hats, at $8.50 per dozen, should he send me?
13
194 EXAMPLES IX COMMISSION.
4. An agent receivies $13760.80 to invest in land, after deducting his charges
of 3^. What amount of commission will he receive?
5. A real estate agent, whose stated commission is 2^^, receives 38302.50 to
invest in Iowa prairie, at $5,40 per acre. How many acres did he jnirchase, and
and how much Avas his commission.
6. I remitted $300 to an agent for the purchase of hojis. If the agent's
charges were h'fo for purchase and $6 for inspection, how many pounds, at 10^
per pound, ought he to buy?
MISCEL,I.AXEOrS EXAMPLES.
611. 1. A collector obtained 75*^ of the amount of an account, and after
deducting 12'?; for fees, remitted his principal $495. What was the amount of
his commission?
2. A Hartford fruit dealer sent a Lockport agent $1946.70, and instructed
him to buy apples at $1.40 per barrel. The agent charged 3fo for buying, and
shipped the purchase to his principal in six car loads of an equal number of
barrels. How many barrels did each car contain?
3. Find the per cent, of commission on 'a purchase, if the gross cost is
$2048.51, the commission $87.30, the cartage 820. and other charges $1.21.
4. 11500 bushels of wheat were bought through an agent, Avho charged \f^
for buying. If the agent paid 85{# per bushel for the wheat, $762.50 freight,
and $12.50 insurance, what sum should be remitted to him in full settlement?
5. A collector obtained 75;:?; of a doubtful account amounting to S1750. How
much was his per cent, of commission, if, by agreement with the principal, the
commission was to be 50,*^ of the net proceeds remitted?
6. A farmer received from his city agent $490 as the net proceeds of a ship
ment of butter. If the agent's commission is 3ff, delivery charges $6.80, and b^^^
charge is made for guaranty of quality to purchasers, how many pounds, at 27^
per pound, must have been sold, and how much commission was allowed?
7. An agent sold 2000 bu. Alsike clover seed, at $7.85 per bushel, on a com
mission of 5^; and 1200 bu. medium red, at $5.20 per bushel, on a commission
of ^\ic\ taking the purchasers 3 month's note for the amount of the sales. If
the agent charges 4< for his guaranty of the notes, what amount does he earn by
the transaction?
8. An agent bought l)utter on a commission of 10^, cheese on a commission
of 6^, and eggs on a commission of h'lr. If his commission for buying the butter
was $21, for buying the cheese $21.60, and for buying the eggs 22, and he
charges 25^ additional for guaranteeing the freshness of the eggs, what sum
should the jjrincipal remit to i)ay for purchases and charges?
9. Find the pet proceeds of a sale made by an agent charging Z^i^, if inci
dental charges and commission charges were each $41.30.
10. From a consignment of 3160 jjounds of tea, sold by an agent at 30^ per
pound, the consignor received as net proceeds $853.74. What was the per cent,
of commission charged for selling, if the charges for storage and insurance
amounted to $51.60?
EXAMPLES IN" COMMISSION. 105
11. Find the gross jiroceeds of a sale made by an agent charging 2^^ for com
mission, hi for guaranty, $17.G5 for cartage, $11.40 for storage, and *3.25 for
insurance, if the net proceeds remitted amount to $1714.10.
12. A Milwaukee agent received $83195.28, with instructions to invest one
half of it in wheat, at 80^' per bushel, and the balance, less all commissions, in
wool, at 20^ per pound. If his commission for buying the wheat is 2,<, and that
for buying the wool is 5^, how many pounds of avooI Avill he buy, and Avhat Avill
be the amount of his commissions?
13. I sent $3402.77 to my Atlanta agent for the purchase of sweet i)otatoes,
at $1.60 per barrel; his charges were, for commission, 2^^; guaranty, 3,<; dray
age, 1^ per barrel; and freight, $200. How many barrels did he buy, and how
much unexpended money was left in his hands to my credit?
11^. A Texas buyer shipped 33000 lb. of coarse wool to a Boston agent to Ijo
sold on commission, and gave instructions for the net proceeds to be invested in
leather. If the agent sold the wool at 18^/ per pound, on a commission of 2f^,
and charged 10^ for the purchase and guaranty of grade of the leather, what a\ as
the amount of his commissions?
i'5. I receiA'Cd from Duluth a cargo of IGOOO bu. of wheat, which I sold at
$1. 10 per bushel, on a commission of 4^6^; by the consignor's instructions I invested
the net proceeds in a hardware stock, for Avhich I charged 5;^ commission. What
was the total commission, and how much was invested iniiardware?
16. Having sent a New Orleans agent' $1835. 40 to be invested in sugar, after
allowing 3f^ on the investment for his commission, I received 32400 pounds of
sugar. "What price per i)ound did it cost the agent?
n. An agent in Providence received $828 to invest in prints, after deducting
his commission of Z^'fo. If lie paid 74^' per yard for the prints, how many yards
did he buy?
18. The fees of the general agent of an insurance comjjany arc h'^ on all sums
received, and 5^ additional on all sums renuiiuing in his hands at the end of the
year, after all losses and the expenses of his office are paid. He receiA^es during
the year $117410.25, paid losses to the amount of $01140.50, and the expenses
of his office Avere $3207.70. Find his total fees.
19. An agent sold on commission 81 selfbinders, at $140 each, and 113
mowers, at $05 each, remitting $10224.90 to his principal. Find the rate of
commission.
20. A commission merchant received a consignment of 600 bales of cotton,
of an average weight of 510 pounds, Avhich he sold at 124^ per pound, on a
commission of 3^, charging 10^' per bale for cartage. He invested for the con
signor $9410.20 in bacon, charging 5^^ for buying, and remitted cash to balance
consignor's account. Hoav much Avas the cash remittance?
21. An agent received $4325, to invest in messpork, at $10 \wx barrel, after
deducting his i)urchasing commission of A^. If the charges for incidentals were
$81.40, besides cartage of 75^/ per load of 8 barrels, how nuiny barrels did he buy,
and Avliat unexpended balance does he place to the credit <!f his principal? ,
106 MISCELLANEOUS EXAMPLES IN' COMMISSION.
22. A Streetear company bought 35 horsecars through a Troy agent, at $850
each. If tlie freight was $17.50 on each car, and the agent's commission 3i^^
for purchasing, what was tlie total cost to tlie company?
23. I received from Day & Son, of Chicago, a ship load of corn, which I sold
for eo^/' jjer bushel, on a commission of 4*^; and, by the shipper's instructions,
invested the net proceeds in barley, at 75^ per bushel, charging b'i for buying;
mv total commission was ^1350. How many bushels of corn did Day & Son ship,
;ind liow many bushels of barley should they receive?
;?4. An agent sold, on commission, 1750 barrels of messpork, at $16.50 per
barrel, and 508 barrels of shortribs, at $18 per barrel, charging $112.50 for
cartage, and $5,55 for advertising. He then remitted to his principal $36000,
the net proceeds. Find the rate of commission.
25. A Wichita dealer sent 12 c.ir loads of corn, of 825 bushels each, to an
agent in Baltimore, where it was sold at 62^{# per bushel, on a commission of 5fJ,
the agent paying $682.50 freight. By shippers instructions, the agent invested
the net proceeds m a hardware stock, charging 3^ for buying. How much was
invested in liardware?
26. The holder of a doubtful claim of $850, handed it to an agent for collec
tion, agreeing that, for every dollar sent him by the agent, the agent might keep
for himself 20^^ The agent succeeded in collecting but SOf^ of the debt. How
mucli did the agent remit, how much commission did he receive, and what was
his per cent, of commission?
27. I remitted $10500 to a Duluth agent to be invested in wheat, allowing
him a commission of 3^^ for investing. The agent paid 95jZ^ per bushel for the
wheat, and charged me 1\<P a bushel per month for storage. At the end of 4
months the agent sold the wheat at $1.10 per bushel, on a commission of 5^.
If I paid $350 for the use of the money, did I gain or lose by the operation, and
how much?
28. My Memphis agent sends me an account purchase of 350 bales of cotton,
averaging 480 pounds each, bought at 15{# per pound, on a commission of 2^,^.
His charges, other than for commission, Avere: freight advanced, $120.50; cartage,
$53.25; and insurance, $13.75. "What sum should I remit to pay the account?
29. A Charleston factor received from Cincinnati a consignment of corn,
which he sold at 75^ per bushel, on a commission of 5<; and by instructions of
the consignor invested the net jiroceeds in cotton, at 20^ per pound, charging
Z^ for buying, and 3;^ additional for guaranty of quality. If the total amount
of the agent's commission and guaranty was $1640, how many bushels of corn
were received?
30. A Buffalo brewer remitted $21500 to a Toronto commission merchant,
with instructions to invest 40^^ of it in barley, and the remainder, less all charges,
in hops. The agent paid 60^ per bushel for barley, and 200 i)er pound for hops,
charging 2^ for buying the barley, 3,^ for buying the hops, and 5^ for guaran
teeing the quality of each purchase. If his incidental charges were $187.50,
what quantity of each product did he buy, and what was the amount of his
commission?
CUSTOMHOUSE BUSINESS. 197
CUSTOMHOUSE BUSINESS.
612. Duties, or Customs, are taxes levied by tlie Goverumeut on imported
goods, for revenne purposes and for the protection of home industry.
613. Duties are of two kinds, ad valorem and specific.
614. An Ad Yalorem Duty is a certain per cent, assessed or levied on the
actual cost of the goods in the country from which tliey are imported, as sliown
by the invoice.
615. A Specific Duty is a tax assessed or levied upon the number, vreight,
or measure of goods, regardless of their value; as, a fixed sum per bale, ton,
barrel, etc.
Remark. — Upon certain goods both specific and ad valorem duties are levied.
616. A CustomHouse is an office established by the Government for the
transaction of business relating to duties, and for the entry and clearance of
vessels.
Remark. — 1. The ports at which customhouses are established are called ports of entry.
2. The waters and shores of the United States are divided into collection districts, in each
of which there is a port of entry, which is also a port of delivery; other ports than those of
entry may be specified as porfo of delivery. Duties are paid, and entries and clearances made,
at ports of entry only; but after vessels have been properly entered, their cargoes may be
discharged at any port of delivery.
617. An Invoice, or Manifest, is a written account of the particular
goods sent to tlie purchaser or factor, with the actual cost, or value, of such
goods, made out in the currency of the country from which they are imported.
Remarks^ — All invoices are made out in the weights, measures, etc., of the place from which
the goods are imported.
618. A Tariff is a schedule of goods, and tlic rates of imjiort duties imposed
by law (»ii tlie same.
619. 'V\\v Free List includes classes of goods that are exempt from duty.
620. Tonnage is a tax levied upon a vessel independent of its cargo, for the
privilege of coming into a port of entry.
621. Duties are collected at the port of entry by a customhouse officer
appointed by tiie United States Government, and known as tlie Collector of the
Port. Under him are deputy collectors, appraisers, weighers, gaugers, etc.
622. The Collector of the Port supervises all entries and papers pertain
ing to them; estimates all duties, receives all moneys, and employs all weighers,
gaugers, etc.
62o. Before estimating specific duties, allowjinces are made; these allowances
are called Tare, Leakage, Breakage, etc.
198 CUSTOMHOUSE BUSINESS.
6*24. Tare i an iillf)wance made for the box, bag, crate, or other covering of
the goods.
625. Leakage^ determined by gauging, is an allowance made for waste of
liquid^^ imported in barrels or casks.
6*26. Breakage is an allowance made for loss of liquids imported in bottles.
627. Gross Weight is the weight before any allowances are made.
628. Xet Weight is the weight after all allowances have been made.
Remarks. — 1. The ton used at the Tnited States CustomHouses is of 2240 avoirdupois
pounds.
2. Duties are not computed on fractions of a dollar; if the cents in the invoice are lesAthan
50, they are rejected; if 50 or more, they are counted as a dollar.
629. The Naval Officer, appointed only at the more important ports,
receives copies of all manifests, countersigns all documents issued by the Col
lector, and certifies his estimates and accounts.
630. The Surveyor superintends the employees of the Collector, and revises
entries and permits.
631. The Appraiser examines imported articles, and determines their duti
able value and also the rate of duty to be charged.
632. The Storekeeper has charge of the warehouse.
Remarks. — 1. Warehousing is depositing imported goods in a government or bonded ware
house.
2. A bonded warehouse is used for storing goods on which the duties have not been paid.
3. Goods may be withdrawn from a bonded warehouse for export, without the payment of
the duties. If goods on which the duty has been paid are exported, the amount of duty so
paid is refunded; the sum so refunded is called a dratclacJ:.
4. Smu^jQling is bringing foreign goods into the country without paying the required duty.
This is done either by not entering them at a CustomHouse, or by showing less than their real
value in the invoice. It is a crime, for the prosecution and punishment of which stringent
laws are enacted.
5. Many merchants employ a CustomHouse Broker, one familiar with the laws, to enter
goods for them .
633. To find Specific Duty.
Example. — What is the specific duty on 140 casks of alcohol, of 60 gallons
each, at 15'/ per gallon; leakage 5^?
Operatiok.
140 X 60 gal. = S400 gal.
05 = 'fc of leakage Explakatiox. — Specific duty is computed
— — ° ' on the net quantity; to find the net quantity,
420 gal. = leakage. t^ke 420 gallons, the allowance for leakage,
8400 gal. = ^ross quantitv. ^^"""^ *^ ^^^ ^^^^le number of gallons, which
. r I ' gives 7980 gallons, on which to charge duty.
^"^' ^''^ ' ~ lea^^^o^' .Since the duty is 15 cents per gallon, for 7980
7980 = net quantity. gallons it wiU be $1197.
S.15 = duty per gallon.
81197.00 = specific duty.
EXAMPLES ISr CUSTOMHOUSE BUSINESS. 199
Rule. — Multiply the net quantity Inj the duty per single article of the
Jcind or class considered.
EXAMPLES FOK PKACTICE.
634. 1. AVhat is the duty on CO packages of figs, each of 16 lb. weight, at
2^^' per pound, tare 5^?
2. Find the duty, at 75^; per ton, on an invoice of 897130 lb. of bituminous
«oal.
3. If tlie duty on phite glass is 25^' per square foot, how much will be charged
on an importation of 200 boxes, each containing 20 plates 24 X 48 in. in size ?
4. Find the duty, at 12 per dozen, on 40 doz. bottles of wine imported from
Lyons, if an allowance of 10,'^ is made for breakage.
5. If the duty is 65^ per cubic foot, what amount must be paid on an impor
tation of G blocks of marble, each 10 ft. long, 3 ft. wide, 2 ft. high ?
6. After being allowed 10,^ for leakage, a wine merchant paid $864 duty, at
t2 per gallon, on 12 casks of wine. How many gallons did eacli cask originally
contain ?
7. Find the duty on 1500 dozen empty bottles, breakage 4^, and rate of duty
10^ per dozen.
635. Applying the terms of Percentage to Ad Valorem Duties, we observe
the following :
The net Value, or Quantity = the Base.
The Rate Per Cent. Ad Valorem = the Rate.
Tlie Duty = the Percentage.
636. To find Ad Valorem Duty.
Example. — What is the ad valorem duty, at 35^, on 90 boxes of brass rivets,
^6 lb. per box, invoiced at 12^' per pound, tare being 6 lb. j)er box ?
Operation.
90 X 25 lb. = 2250 lb. gross weight.
90 X 6 lb. = 540 1b. tare.
1710 lb. net weight.
1710 Explanation,— Find the net weight and
$.12 ^= cost per pound value as the base; multiply by the rate of
$205.20 = net value. ^''*^
.35 = ^ of duty.
1025
615
$71.75 = duty.
Remark. — The cents in the net value, being less than 50, are rejected.
Rule. — Multiply the vfdue, after all deductions are made, by the per
cent, of duty assessed.
200 EXAMPLES IN" CUSTOMHOL'SE BUSINESS.
EXAMPLES FOR PRACTICE.
637. 1. What is the duty, at 50j^, upon a consignment ot 650 dozen kid
gloves, invoiced at 90 francs per dozen ?
2. An importation of English crockery was invoiced at £896, 5s. 6d. Find
the duty, at 40^.
3. If an importation is invoiced at 17450 francs, what will be the duty, at 35^?'
^. If the duty on sperm oil is 20^, what will it amount to in an importation
of 600 barrels, of 42 gallons each, invoiced at 450 per gallon, 3^ being allowed
for leakage ?
5. I received by steamer Raglan, from Liverpool, the following invoice of
goods : 7G8 yd. velvet, invoiced at £1 12s. per yd. ; 2150 yd. lace, invoiced at
3s. 4d. per yd.; 1200 yd. broadcloth, invoiced at 15s. per yd. : 3520 yd. carpet,
invoiced at lis. Gd. per yd. Jf the duty on the velvet was eO'v', on the lace and
broadcloth 35^, and on the carpet 50^, how much was the total duty to be paid?"
MISCKLtANEOrS EXAMPLES.
638. 1. What is the duty on 1000 yd. of brussels carpet, 27 in. wide, invoiced
at 6s. 9d. per yd; duty 440 per square yard specific, and 35,'^ ad valorem ?
2. If the duty on flannel is 290 per pound specific, and 35^ ad valorem, how
much must be paid on an invoice of 2150 yd., weighing •i20 lb., and valued in
Canada, whence it was imported, at 750 per yard ?
3. Find the duty on 3 dozen clocks, invoiced at $21.50 eacli, and 6 dozen
watches, invoiced at 135 each, if the ad valorem duty was 35^"^ on the clocks, and
25f^ on the watches.
Jf.. How much duty must be paid on an importation of 27640 lb. of wool,
invoiced at £1497 10s. 4d., if the rate of duty is 100 per pound specific, and 11^
ad valorem?
5. I imported from Canada 7240 bushels of barley, and 17^ tons of hay,
invoiced at i9.50 per ton. What amount of duties had I to pay, at 100 per
bushel on the barley and 20,^^ on the hay?
6. A merchant imported 300 pieces of threeply carpet, each piece containing
75 sq. vd., invoiced at 3s. 6d. per square yard, upon which he paid a duty of
170 per square yard specific, and 35,'* ad valorem. What was the total amount
of duty paid ?
7. An invoice of woolen cloth, imported from England, was valued at £956
6s. If its weight was 684 lb., how much was the duty, at 500 per pound specific,
and 35,'fc ad valorem ?
8. Find the duty on 50 cases of tobacco, each weighing 60 lb,, and 50000
Havana cigars weighing 550 lb., invoiced at 175 per M, the duty being 500 per
pound specific on the tobacco, and $2.50 per pound specific and 25f^ ad valorem
on the cigars.
TAXES. 201
TAXES.
639. Taxes are sums of money levied on persons, property, or products, for
any public purpose.
640. Capitation or Poll Taxes are levied at a certain amount for each
person or head of legal voters not exempt by law.
641. Property Tax is a tax assessed or levied upon property, at a giveii rate
per cent, of the valuation.
642. Property is of two kinds: Personal and Real.
643. Personal Property is movable property ; as, merchandise, ships,
cattle, money, stocks, mortgages, etc.
644. Real Property or Real Estate consists of immovable property; as,
houses and lands.
645. Assessors are public or government officers, who appraise the value of
property to be taxed, and apportion the ta«es pro rata; that is, in proportion to
the value of each man's property.
646. Collectors are i)ublic or government officers, who collect taxes.
Remark.— Taxes are generally assessed and made payable in money, but in "road taxes"
they may be made payable in "day's work."
647. The terms of Percentage, applied to Taxes, are:
The Valuation = the Base.
The tax on $1.00 = the Rate.
The Sum to be raised = the Percentage.
The Sum, minus the Collector's fees, or commission = the Difference. '
648. To find a Property Tax.
Example. — The rate of taxation in the city of Des Moines, Iowa, is If^.
What amount of tax must a person pay, whose personal property is valued at
$17500, and who owns real estate assessed at $24:900 ?
Operation.
$17500 Explanation.— Since his total valuation was ^42400,
c)Aar\r\ ''"^ ^^^' ^^^^ "^ taxation 1 per cent., his tax would be If
per cent of $42400, or $742.
$42400 X .011 = $742.
Rule. — Multiply the total assessed value by the rate per cent, of taxation.
EXAMPLES FOK PRACTICE.
649. 1. Mr. R. owns personal property assessed at $7140, and real estate
assessed at $11100, in a village in which he is taxed onehalf of one per cent.
Find the amount of his tax.
202 EXAMPLES IX TAXES.
2. A person having lands valued at $7500, #12*250 in money, and a stock of
goods worth f6000, pays tax on all at the rate of U<. Find his total tax.
650. To find a General Tax.
Example. — A tax of f!250o is to be assessed upon the village of Livonia ; the
valuation of the taxable property is $000000, and there are S'U polls, to be tissessed
SI. 25 each. What will be the tax on a dollar, and how much will be the tax of
Mr. Scott, whose property is valued at $12500, and who pays for 2 polls.
Operation.
$1.25 X 324 = S405, amount of poll tax.
$2505 — $405 = $2100, amount of property tax.
$2100 ^ $600000 =z .0035, rate of taxation.
$12500 X .0035 = $43.75, Mr. Scott's property tax.
$43.75 f $2.50 (2 polls) = $46.25, Mr. Scott's total tax.
Expla>"atiox. — Since $2505, the amount to be raised, includes both the poll and property
tax, if $405, the poll tax, is subtracted from this amount, the remainder, $2100, will be the
Percentage, or sum to be assessed on the Base, or entire property. Divide this Percentage by
this Base, and the quotient will be the rate of tax assessed, 3i mills on the dollar. Multiply
$12500, the assessed valuation of Mr. Scott's property, by .0035, the per cent, expressed deci
mally, and the result, $43.75, is his property tax; adding to this $2.50, the tax on two polls,
gives $46.25, his entire tax.
Rule. — Fvom the sum to be raised, deduct the poll tax, if any ; divide
the remainder by the total assessineiit, and multiply the assessment of
each, individual by the quotient; add to the product the aitvount of pdlZ
tax to be paid.
EXAMPLES FOR PRACTICE.
651. 1. A tax of $125000 is levied on a city, the assessed valuation of which
is $15000000. "What is the rate of taxation, and what amount of tax will a
t>erson have to pay whose property is valued at $7500 ?
2. If a tax of $120 is assessed on a mill valued at $24000, what is the valua
tion of a residence that is taxed $17.75 at the same rate ?
3. The per cent, of tax assessed for state purposes is i^, for county ^^, and for
citv 1^. What will be the amount of my tax, on property assessed at $21500 ?
4. The tax assessed upon a town is $20914.80; the town contains 2580 polls,
taxed $.624 each, and has a real estate valuation of $4062000, and a valuation
of i)ersonal property to the amount of $227400. Find the rate of taxation, and
C's tax, who pays for 4 polls, and whose property is assessed at $15000.
Remark.— In certain States, the common schools are supported by a tax or rate bill made
out en the basis of the total attendance.
o. My son and daughter each attended school 214 days, and the expense,
including teachers wages and incidentals, was paid by a rate bill. How much
must I pay, if the teacher's wages amounted to $440, fuel and repairs $101.50,
and janitors fees $74.75, and the total number of day's attendance was 7460?
EXAMPLES IN TAXES. 203
6. For the year 1888 the rates of taxation in the State of New York were
as follows: Schools, 1.085 mills; general purposes, 1.475 mills; new capitol, .G
of a mill; other purposes, .34 of a mill. What was the total rate of taxation,
and hoAv much was raised by Livingston County, the valuation of which, as fixed
i)y the State board of equalization, was $25395180? How much did said county
raise for school purposes?
7. The cost of maintaining the public schools of a city during the year 1888,
was $112000, and the taxable property of the city was $44800000. How many
mills on a dollar must be assessed for school purposes? If 10^ of the tax assessed
cannot be collected, liow mauy mills on a dollar must then be assessed ?
8. A tax of $13943.20 is assessed upon a town containing 8G0 taxable i)olls;
the real estate is valued at $2708000, and the personal property at $151000. If
the polls be taxed $1.25 each, what will bo the rate of property taxation, and
what will be the tax of Peter Parley, Avho pays for three i)olls, and has real and
personal estate valued at $23750?
9. In a school district, the valuation of the taxable property is $752400, and
it is proposed to repair the school house and ornament the grounds, at an expense
of $5000. If old material sells for $073.70, what will be the rate per cent, of
taxation, and what will be B's tax, whose i)roperty was valued at $9400?
10. The assessed value of a town is, on real estate, $1197500, and on personal
property, $432500. A poll tax of $.50 per head is assessed on each of 1870
persons. The town votes to raise $8000 for schools, $1500 for highways, $1500
for salaries, $1000 for support of poor, and $310 for contingent expenses. How
much tax Avill a milling company have to pay, on a mill valued at $46500, and
stock at $19750?
11. The total assessed value of a town, real and personal, is ^630000, and the
town expenses are $3913.95. How much tax must be collected to provide for
town expenses and allow 3^ for collecting? If the same town contains 310 polls,
taxed $1.50 each, what will be the rate of taxation, and how much will be the
tax of a man who pays for two polls and owns property assessed at $14500 ?
13. The assessed valuation of the real estate of a county is $1910887, of the
personal property, $921073, and it has 4564 inhabitants subject to a poll tax.
The years expenses arc: for schools, $8400; interest, $6850; highways, $7560;
salaries, $5150; and contingent expenses, $13675. If the poll tax was $1.50, and
the revenue from fairs and licenses $6200, what tax must be levied on a dollar to
meet expenses and provide a sinking fund of $7000?
204 lilSUEANCE.
INSURANCE.
652. Insurance is indemnity secured against loss or damage. It is of two
kinds: Property Insurance and Personal Insurance.
653. Property Insurance includes:
1. Fire Insurance, or indemnity for loss of or damage to property by fire.
~. Marine Insurance, or indemnity for loss of or damage to a ship or its
cargo, by any specified casualty, at sea or on inland waters.
3. Live Stock Insurance, or indemnity for loss of or damage to horses,
cattle, etc., from lightning or other casualty.
654. The Insured Party is usually the owner of the property insured, but
may be any person having a financial insurable interest in the property.
655. The Insuring Parties are called Insurers or Underwriters, and are
usually incorporated companies.
656. Insurance Companies are distinguished by the way in which they
are organized; as Stoch Insurance Companies, Mutual Insurance Companies.
657. A Stock Insurance Company is one whose capital has been con
tributed and is owned by stockholders, who share the profits and are liable for
the losses.
658. A Mutual Insurance Company is one in which the profits and losses
are shared by the insured parties.
Remarks. — 1. Some companies combine the features of both stock and mutual companies,
and are called Mixed Companies.
2. In mixed companies, all profits above a limited dividend to the stockholders are divided
among the policyholders.
659. Transit Insurance refers to risks taken on goods being transported
from place to place, cither by rail or water or both.
660. The Policy is the contract between the insurance company and the
person whose proi)erty is insured, and contains a description of tbe insured
property, the amount of the insurance, and the conditions under which the risk
is taken,
661. The Premium is the consideration in the contract, or the sum i)aid
for insurance.
662. The Term of Insurance is tlie period of time for which the risk is
taken, or the property insured.
Remarks. — 1. Premium rates are usually given as so much per $100 of the sum insured,
and depend upon the nature of the risk and the length of time for which the policy is issued;
insurance is usually effected for a year or a term of years.
2. Short Rates are for terms less than one year.
3. It is usual to make an added charge for the policy.
4. Insurance is frequently effected upon plate glass, the acts of employees, etc.
INSURANCE. 205
663. An Insurance Agent is one who acts for an insurance company, in
obtaining insurance, collecting premiums, adjusting losses, reinsuring, etc.
664. An Insurance Broker is a person who negotiates insurance for others,
for wliich he receives a brokerage from the company taking the risk; he is con
sidered, however, an agent of the insured, not of the company.
Remark. — A Floating Policy is one which covers goods stored in different places, and gen
erally such as are moved from place to place in process of manufacture.
665. Losses may be total or imrtial.
666. Fire Insurance Losses are usually adjusted by the insurance company
paying the full amount of the loss, provided such loss does not exceed the sum
insured; if the policy, however, contains the "average clause," the payment
made is such proportion of the loss as the amount of insurance bears to tlie total
value of the property.
667. When a loss occurs to a vessel, the insurance company pays only such
a proportion of the loss as the policy is of the entire value of the vessel.
668. It is an established rule in marine insurance, that insurers shall be
allowed onethird for the superior value of the new material, as sails, masts, etc.,
used in repair of damage; that is, "onethird off new for old."
Remark. — Marine policies usually contain the "average clause."
669. In case a policy is terminated at the request of the insured, he is charged
the "short rate " premium; if, however, it be terminated at the option of the
company, the lower long rate will be charged, and the compan)' refund the
premium for the unexpired time of the policy.
670. A Talued or Closed Policy is the ordinary form, and contains a tixed
valuation of the thing insured.
671. An Open Policy is one upon which additional insurances may be
entered at any time from port to port, at rates and under conditions agreed upon.
672. Policies on Cargoes are issued for a certain voyage, and on vessels
for a voyage or for a specified time. •
673. Salvage is an allowance made to those rendering voluntarv aid in
saving vessels or cargoes from marine casualties.
Remarks. — 1. Insurance companies usually reserve the privilege of rebuilding, replacing,
or repairing damaged property.
2. Insurance policies ordinarily state that the loss, if becoming a charge upon the company,
will be paid 30 days or GO days after due notice and proof of loss. If not then paid, the amount
of the claim becomes Interestbearing.
674. The computations in Property Insurance are performed the same as in
Percentage, and the terms compare as follows:
The Amount Insured = the Base.
TheRate ^/o of Premium = the Rate.
The Premium = the Percentage.
206 EXAMPLES IN INSURANCE.
675. To find the Cost of Insurance.
Example. — The mixed stock in a country store is insured for $7500. What
is the cost of insurance for one year, at 1^^ premium, if $1.25 is charged for
the policy?
Opkration.
17500. = amount insured.
Explanation. — Since the amount insured is
the base, and the per cent, of premium the rate,
•Q^'^ = r^ of premium. jf ^l^^, amount be multiplied by the rate, the
$11.25 = premium. product, $11.25, will be the premium; adding
1.25 = cost of ijolicy. $1.25, the cost of the policy, gives the full cost,
'' $12.50
$12.50 = full cost of insurance.
Jiule.— Multiply the amount of insurance hy the rate per cent, of
premium, anil add extra charges, if any.
676. To find the Amount Insured, the Premium and Per Cent, of Premium
being given.
Example. — I paid $141.50 to insure a stock of goods for three months. If
the charge for the policy was $1.50, and the rate of premium ^^, for what amount
was the policy issued?
Operation.
Explanation.— Since $141.50 was the full
$141.50 = full cost. (,Qgt oj. premium plus the charge of $1.50 for
150 = cost of policy. the policy, the premium must have been $140;
$140 ;= premium. ^°*i since the rate of premium was  per cent.,
l^ = .00875 = decimal rate. '^ ^^^^ '•' ^^^^^^^ ^^ ^ P^"" ^^°' *^^ Quotient,
Ai Ar^ t\r\c,^~ a.i r>r\,^n p j? T $16000, will be the facc of the policy.
$140 = .0087o = $16000, face of policy. ^ ' ^ ^
Rule. From, the full cost of insurance, subtract the extra charges, if
any; divide the remainder hy the per cent, of premium, and the quotient
will he the face, of the policy.
EXAMPLES rOR I'KACTICE.
677. J. How much insurance, at \\^, can be procured for $62.50?
2. A ranchman paid a premium of $75.20 for insuring f of his herd of
cattle, at 60^ per $100. If the cattle were valued at $40 per head, how many
had he?
3. The loss on a property was $6000, of which $2000 was insured in the
Home, $3000 in the Phmnix, and $2500 in the Hartford. How much did each
company contribute?
Jf. If it cost $663 to insure a certain block for $44200, what will be the
cost, at the same rate, to insure a block valued at $105000, if $1.50 extra be
charged for the policy in the latter case?
J. How much will it cost to insure a factory for $42000, at f^r, and its
machinery for 816500, at \\'/<,y charge for policy and survey being $2.50?
6. A gentleman paid 835.60 per annum for insuring his house, at 2f^ on two
fifths of its value. What was the value of the house?
EXAMPLES IX INSURANCE. 207
7. If a store and its contents are valued at $27000, for how much must it be
insured, at H^ to cover loss and premium in case of total destruction?
8. A cargo of teas, valued at 8330^)0, was insured for $18000, in a policy
containing an "average clause." In case of damage to tlie amount of $21000,
how much should the company pay?
9. The steamer Norseman, valued at $90000, is insured for $75000, at 2^^.
What will be the actual loss to the insurance company, in case the steamer is
damaged to the amount of $20000?
10. A speculator bought 2000 barrels of flour, and had it insured for 80<^. of
its cost, at 34^, paying a premium of $429. At what price must he sell the flour,
to make a net profit of 10«^?
11. I insured my grocery store, valued at $13500, and its contents, valued at
$33000, and paid $350 for premium and policy. If the policy cost $1.25, what
was the rate per cent, of premium?
12. A canalboat load of 8400 bushels of wheat, worth 90^' i)er bushel, is
insured for threefourths of its value, at If^ premium. In case of the total
destruction of the wheat, how much will the owner lose ?
13. A stock of goods, valued at $30000, was insured for 18 months, at 1\'^; at
the end of 12 montlis tlic owner surrendered the policy. If the "short rate"
for 6 months was 65^ per $100, what should be the return jiremium?
H. For how much must a house worth $G000, and furniture worth $2000, be
insured, at 1^ per cent., to cover the cost of the policy, which was $2, the
amount of premium paid, and f of the value of the property?
15. A man owning  of a ship, insured f of his interest, at l\fc, and i)aid
$91.50 for premium and a policy charge of $1.50. If the ship becomes damaged
to the extent of $12000, how much can be recovered on the policy?
16. A schooner is valued at $10500, and has a cargo of 3500 barrels of apples,
worth $2.10 per barrel. What amount of insurance must be obtained, at 'i^ii,
to provide, in case of loss, for the value of the property, the premium, and $5
additional which the owner paid for survey and policy?
17. A block of stores and contents was insured for $220000, and became dam
aged by fire and water to the amount of $150000. Of the risk, $40000 was taken
by the Hartford Co., $05000 by the Manhattan, $35000 by the yEtna, and the
remainder was divided equally between the Piuenix and the Provident. What
was the net loss of each company, if the premium paid was 1^;^?
18. The furniture in my house is estimated at onehalf the value of the house.
I get both insured for $7687.50 for 5 years, at 24f?;, and find that in case of total
destruction the face of the policy will be full indemnity for both the property
and premium. Find the value of the house.
19. A factory worth $45000 is insured, with its contents, for $62500; $30000
of the insurance is on the building. $12500 on machinery worth $20000, and
$20000 on stock worth $35000. A fire occurs by Avhich the building and tlie
machinery are both damaged, each to the amount of $15000, and the stock is
entirely destroyed. How much is the claim against the company, if the risk is
covered by an "ordinary" policy? How much if tlie i)olicy contains the "aver
age clause?"
308 PERSONAL INSURANCE.
20. The German Insurance Company insured the Field block for $105000, at
60^ per $100; but thinking the risk too great, it reinsured $40,000 in the Home,
at f*?^, and $45000 more in the Mutual, at ^'i. How much premium did each
company receive? What svas the gain or loss of tiie German? "Wlnit per cent,
of premium did it receive for the part of the risk not reinsured?
PERSONAL INSURANCE.
678. Personal Insurance is tlie insurance of ])ersons. It includes:
1. Life Insurance, or indemnity for loss of life.
2. Accident Insurance, or indemnity for loss from disability occasioned
by accident.
3. Jlealth Insurance, or indemnity for loss occasioned by sickness.
679. Policies of Life Insurance are usually either Life Policies or
Endoicmeut Policies.
680. A Life Policy stipulates to pay to the beneficiaries named in it a fixed
sum of money on the death of the insured.
681. An Endowment Policy guarantees the payment of a fixed sum of
money at a specified time, or at death, if the death occurs before the specified
time.
682. Life insurance companies are known as Stock, Mutual, Mixed, and
Co Operative.
683. Losses sustained by Stock and Mixed companies are jiaid either from
*' reserve funds" or by assessment on the stockholders; those sustained by
Mutual and CoOperative companies are paid by prorata or fixed contributions
of the policy holders.
Remarks. — 1. The money may be made payable to any one named by the insured; if made
payable to himself, at his death it becomes a part of his estate and is liable for his debts, if
payable to another, that other cannot be deprived of the benefit of the insurance, either by the
will of the person taking out the insurance, or by his creditors.
2. A person may insure his life in as many companies as he pleases, and to any amount.
3. Anj' one having an insurable interest in the life of another, may take out, hold, and be
benefited by a policy of insurance upon the life of the other; or he may take out a policy in
his own name, and then assign it to any creditor or to anj one having an insurable interest.
4. The practical workings of life insurance are fully set forth in documents in general circu
lation, and all matters of premiums to be paid, cash value of policies surrendered, and manner
of becoming insured, are determined from such documents, rendering it unnecessary to require
the solution of problems under life insurance,
INTEREST. 209
INTEREST.
•684:. Interest is a compensation paid for the use of money.
685. The Principal is tlie money for the use of whieli interest is paid.
686. The Anionnt is the sum t)f the princijMil and interest.
687. The Time is the jjeriod during which the principal bears interest.
688. Interest is reckoned at a certain per cent, of tlie principal. It is
therefore a Per Cent, of Avhich the Base is the Principal.
689. The Rate of Interest is the annual rate per cent.
690. Interest differs from the preceding applications of Percentage only
.by introducing time as an element, in connection with the rate per cent.
The Principal = the Base.
The Per Cent, per Annum = the Rate.
The Interest = tlie Percentage.
The Sum of the Principal and Intei;est = the Amount.
691 . Legal Interest is interest according to the maximum rate fixed by
law.
692. Tsury is interest taken at a rate liigher than the law allows.
693. Simple Interest is interest on tlie priiuipal only, for the whole time
•of the loan or credit; and this is generally understood by the term interest.
694. Annual, Semi Annual, or other Periodic Interest, is interest
•computed at a specified rate for a year, halfyear or other designated period.
69.5. (*ompoun(l Interest is interest computed on the amount at ri>gular
intervals.
Remabks. — 1. The payment of periodic interest, if specified in a contract, may usually be
enforced; and if not paid when due, becomes simple interest bearing, and is not usury.
2. Neither the paying nor the receiving of compound interest is usury; but its payment
cannot ordinarily be enforced, even though it is mentioned in the contract.
696. Accrued Interest is interest accumulated on account of any obliga
tion, due or not due.
69.7. Conimoii Interest is interest comi)uted on a basis of 360 days for a
year.
Remarks. — 1. This method is generally employed by business men, and in some states has
received the sanction of law.
2. In reckoning interest l)y this method, it is customary to consider a year to be 12 months,
and a month to be 30 days.
Statement.— July 22, 1887. at the annual convention of the Business Educators' Associa
tion of America, then in session at Milwaukee, Wis., the following resolution was unanimously
14
2]0 SIX PER CENT. METHOD.
adopted : Rewired, That, as business educators, we uniformly teach interest and discount on
a 360day basis, finding time by compound subtraction, and calling each month thirty days,
except where the day of the minuend time be thirtyon^, when it shall be so counted.
RiiMABK. — In computing interest for short periods of lime, it is customary to take the exact
numl)er of days.
698. Exact luterest is iuterest computed for the exact time in days, and
regarding the days as 3G5ths of a year. This method is used by the United
States Government and by some merchants and bankers; but as it is inconvenient
unless interest tables are used, it is not generally adopted.
Rkmarks. — 1. Exact interest, for any period of time expressed in days, may be obtained by
subtracting L part from the common interest for that period of time.
2. Common interest may be obtained from exact interest by adding thereto J^ part of itself.
699. For convenience, the rate of interest should always be expressed deci
mally; the rules governing the multiplication and division of decimals may then
be applied to any product or quotient arising from the use of the decimal rate.
Remakks. — 1. In many of the States a legal rate of interest is established, to save dispute
and contention in cases of contracts in which no rate of interest is agreed upon by the parties;
stiU the laws sanction an interest rate higher than the fixed legal rate, if such rate be agreed
upon by the parties; in a few of the States, any rate, if agreed upon, is thus made legal.
2. When no particular rate of interest is named in a contract containing a general interest
clause, as " with interest," or " with use," the legal rate of the place where the contract is made
is understood.
3. Debts of all kinds bear interest after they become due, but not hefare, unless specified.
SIX PER CENT. METHOD.
700. The following method of computing interest is based upon time as
usually reckoned; i. e., 12 months of 30 days each, or 300 days for a year,
and is called the Six Per Cent. Metliod. It is convenient for use in all cases
where time is not given in days, as for years and months, or for years, months,
and days, and where exact interest is not required. Should the rate be any other
than six per cent., the change can be easily made. It is a common method of
computing interest.
Six Per Cent. Method.
11.00 in 1 yr., at G,'^, will produce $.06 interest.
11.00 in \ yr., or 3 mo., at 6^, will produce $.01 interest.
$1.00 in 1 mo., or 30 da., at 6^, will produce $ .005 interest.
$1.00 in G da., or ^ mo., at Gf*^, will produce $.001 interest.
$1.00 in 1 da., at Q^, will produce $.000 interest.
701. To find the Interest on Any Sum of Money, at Other Rates than 6 per
cent. :
1. To find the interest at 7j^. Rule. — To the interest at 6'^^ add otiesixth
?/ itself,
2. To find the interest at 7^^. Rule. — To the interest at 6'^ add onefourth
of itself.
EXAMPLES IN INTEREST. .?11
5. To find the interest at 8^. Rule. — To the interi'st at O'i add onethird
of itself.
4. To find the interest at 9^. Rule. — To the interest at 6% add onehalf of
itself.
6. To find the interest at 10^. Rule. — Divide the interest at 6''fo b>i >i. and
remove the decimal point one place to the right.
6. To find the interest at 13^. Rule, — Multiply the interest at 6^ by ^.
7. To find the interest at 54^<. Rule. — From the intere.^t at 64, subtract
onetwelfth of itself.
8. To find the interest at b'i. R»le. — From the interest at 6i, subtract
onesixth of itself.
9. To find the interest at 44^^. Rule. — From the interest at Si, subtract
onefourth of itself.
10. To find the interest at 4^. Rule. — From the interest at H':. sul)tract
onethird of itself.
11. To find the interest at 3^. Rule. — Divide the interest at H', bij '.
702. To find the Interest, the Principal, Rate, and Time being given.
Example, — What is the interest on $550, at 6^', for 3 yr. 8 mo. 12 da.?
Operation. Explaxatton.— Since the interest on .$1 for 1 year is
Int. on !l for 3 yr, = $ . 18 $ .OG, for 3 years it will be $ . 18; since the interest on $1
" " ''8 mo. = .04 for 2 months is $ .01, for 8 months it will be $ .04; since
'• " " 13 da. — .002 ^^^ interest on 1 for 6 da. is ,$.001, for 12 days it will
, . „ be $.002; therefore the interest on $1, at 6 per cent.,
mt. on ^1 lor 6 yr. ^ ^^^ ^^^ j^jl ^j^^^^ j^ ^222; and the interest on $550 will
8 mo, 12 da, == $ .222 ^e 550 times the interest on $1, or the product of the prin
$550 X .222 = $122.10. cipal and the rate for the given time, which is $122.10.
Rule. — Multiply the principal hij tlie decimal e.vpressiiig the interest
of one dollar for the full time.
EXAMPLKS FOR PRACTICE,
703. 1. Find the interest on $900, for 4 yr. 1. mo. r, da., at l^L
Explanation.— Find the interest at 6;^', and add to it onesi.xth of itself.
2. What is the interest on $400, for 1 yr. 7 mo. 2 (hi., at Tij^ ?
Explanation.— Find the interest at 6^', and add to it onefourth of itself.
3. What is the interest on $150, for fi yr. 3 mo. IS da., at 8^ ?
Explanation. — To the interest at Q% add onethird of itself.
If. Compute the interest on $1200, for 3 yr. 4 mo. 15 da., at 9^?^.
Explanation. — To the interest at 6^ add onehalf of itself.
5. Find the interest, at 10<^, on $840, for 5 yr. :> mo. '.» da.
Explanation. — Divide the interest at 6^ by 6, to obtain tlu* interest at \[i, and remove the
decimal point 1 place to the right.
212 EXAMPLES IN INTEREST.
6. What is the interest, at 12^, on $366, for 2 yr. 11 mo. 27 da. ?
Explanation. — Multiply the interest at %% by 2%.
7. Find tlie interest on «!l800, for 6 yr. 9 mo. 25 da., at 5^.
Explanation. — Fiom the interest at 6i subtract onetwelfth of itself.
S. Compute the interest, at 5^, on $1000, for 11 yr. 4 mo. 24 da.
Explanation.— From the interest at 6^ subtract onesixth of itself.
!>. What is the interest, at U^t, on $1100, for 6 yr. 6 mo. 6 da. ?
Explanation. — From the interest at 6^' subtract onefourth of itself.
10. What is the interest, at 4^, on $1350, for 9 yr. 8 mo. 12 da. ?
Explanation. — From the interest at 6^ subtract onethird of itself.
11. Find the interest, on 8546, for yr. 2 mo. 24 da., at 3^.
Explanation. — Divide the interest at 6'^ by 2.
Remarks. — 1. Interest at any other rate, entire or fractional, can be found by a general
application of the methods above explained.
2. When the mills of a result are 5 or more, add 1 cent; if less than 5, reject them.
12. Compute the interest on $752.50, for 4 yr. 11 mo. 9 da., at 6^.
lo. Compute the interest on $3560, for 9 yr. 10 mo., at 8^.
14. Compute the interest on $1540, for 9 mo. 20 da., at 6^.
lo. Compute the interest on $610.15, for 7 yr. 11 da., at 7^.
IG. Compute the interest on $1116, for 3 yr. 11 mo. 11 da., at 5^.
17. Compute the interest on $17500, for 2 yr. 1 mo. 10 da., at 4^^.
18. Compute the interest on $350.40, for 5 yr. 5 mo., at 7^.
10. Compute the interest on $2400, for 7 yr. 1 mo. 19 da., at 10^^.
20. Find the interest on $1450, from Aug. 12, 1882, to Nov. 10, 1890, at 6^.
2 J. What is the amount of $610, at 8^, for 3 yr. 8 mo. 21 da. ?
Explanation. — The Principal plus the Interest equals the Amount.
22. Find the amount due after 1 yr. 10 mo. 20 da., on a 6^ loan of $1941.50.
25. On the 16th of September, 18b4, I borrowed $3500, at 8,'^ interest. How
much will settle the loan Jan. 1, 1890?
24. After paying $225 cash for a horse, the purchaser at once sold him for
$275, on 4 months credit. Money being worth 7;^, how much was gained?
2o. A manufacturer marks a carriage with two prices; the one for a credit of
6 months on sales, and the other for cash. If the cash price was $750, and money
was worth 8^, what should ])c the credit price?
26. Borrowed $2750 July 16, 1887, at bfo interest, and on the same day loaned
it at 7if« interest. If full settlement is made Jan. 4, 1889, how much will be
gained?
27. On goods bouglit for $4500, on 6 months credit, I was offered 5^ off for
cash. If money was worth 6^r, how much did I lose by accepting the credit?
28. A man sold his farm for $16000; the terms were, $4000 cash on delivery,
$5000 in 9 montlis, $3000 in 1 year and six months, and the remainder in 2 years
from date of purchase, with 6^ interest on all deferred payments. What was
the total amount paid?
EXAMPLES iX INTEREST.
213
29. May 16th I bought 300 barrels of flour, at *7 i)er barrel; July 28th
I sold 50 barrels, at $8 per barrel; Oct. 30th, 100 l>arrels, at $6.75 i)er barrel;
and Feb. 13th following, the remainder, at S7.80 per barrel. Allowing interest
at 6^, what was my gain?
30. John Doe bought bills of dry goods as follows: May 3, ^250; July 1,
81125; Sept. 14, $450; Oct. 31, $150; Dec. 1st. $680; and on Dec. 21st, he paid
in full, with 6fo interest. What was the amount of his payment ?
31. On March 25, I sold live bills of goods, for amounts as follows: S1046.81,
1952.40, $173.50, $1250, and $718.25; and on the first day of the following
December I received payment in full, with interest at 6'r. What was the
amount received?
32. A firm bought goods on credit, and agreed to pay 7^ interest on each
purchase from its date; Oct. 6, 1887, goods were bought to the amount of $268 ;
Dec. 31, 1887, to the amount of $765.80; Feb. 29, 1888, to the"amount of $600;
Apr. 1, 1888, to the amount of $325.25. If full settlement was made Aug. 25,
1888, liow much cash was paid.
Remark. — In the following examples, f^xen for teacher's use in class drill, the interest on
each separate principal should be computed to its nearest cent; the sum of the results so
obtained will be the answer sought.
33. Find the amount of interest at 6^, by the six per cent, method,
On $680, for 2 yr. 6 mo. 10 da.
On $1895, for 1 yr 7 mo. 7 da.
On $468, for 5 yr. 5 mo. 1 da.
On $1000, for 11 yr. 1 mo. 20 da.
On $645, for 4 yr. 4 mo. 5 da.
On $500, for 3 yr. 1 mo. 27 da.
On $895, for 5 yr. 11 mo. 11. da.
On $1650, for 1 yr. 10 mo. 23 da.
On $1463, for 9 yr. 1 mo. 9 da.
On $365, for 4 yr. 1 mo. 25 da.
3Ji.. Find the amount of interest, l)y the six jier cent, method,
On $538, for 6 yr. 6 mo. 6 da., at 9;^.
On $1200, for 7 yr. 4 mo. 27 da., at 10^.
On $350, for 3 yr. 7 mo. 18 da., at CH.
On 8586.50, for 2 yr. 9 mo. 15 da., at 7'i.
On $1345, for 5 yr. 4 mo. 1 da., at 8?b.
35. Find the amount of interest, by the six per cent, method,
t
On $675, for 5 yr. 5 mo. 25 dS, at 10^.
On $1000, for llyr. 11 mo. 11 da., at 5;^.
On $2500, for 1 yr. 1 nio. 1 da., atlt^^.
On $300, for 2 yr. 2 mo. 2 da., at 4^.
On $990, for 4 yr. 4 mo. 6 da., at 3f^.
36. Find the amount of interest, by the six per cent, method.
On $550, for 4 yr. 6 mo. 21 da., at Gfc.
On $2100, for 1 yr. 11 mo. 3 da., at 7^.
On $750, for 8 yr. 8 mo. 8 da., at S^.
On $1200, for 3 yr. 3 mo. 1 da., at 7^^.
On $1500, for 7 yr. 7 mo. 9 da., at 9^^.
On $250, for 3 yr. 4 mo. 29 da., at 8,^.
On $967.25, fo/7 yr. mo. 27 da., at Qfc.
On $1305.09, forlyr. 11 mo. 7 da., at 7^.
On $1255.84, for 9 mo. 1 da., at lOj^.
On $316. 75, for 5 yr. 1 1 mo. da. , at U^.
On $2100. 50, for 1 yr. 1 mo. 1 9 da. , at 9^.
On $3546.81, for 5 yr. mo. 5 da., at 3^.
On $1867, for 2 yr. mo. 2 da., at 7^^.
On $260.60, for 7 yr. 7 mo. 5 da., at 5^.
On $1120.95, for 4 yr. 4 mo. da., at 4^.
On $1000, for 5 yr. 6 mo. 7 da., at S^.
On $1743, for 2 yr. 3 mo. 6 da., at 6^^.
•
214 EXAMPLES IN INTEREST.
704. To find the Principal, the Interest, Eate, and Time being given.
Example. — What principal, in 3 years and 2 nionths, at 6^, will gain $47.50
interest ?
Operation. Explanation. — Since $1 in 3 years, at
$.18 = int. of $1, at G'*', for 3 yr. ^ P^^" ^e°^' ^^" g^'° ^^^ '^^^''^''t' ^^ in 2
^, .^ ^A, ^ n^ £ o' months .01 interest, it will in the civen
.01 = int. of %\; at e**, for 2 mo. ,. * ^^ ■ * ' ^ •* *i •„ •
' ' ' time gain $.19 interest; and if $1 will in
$.19 = int. of $l,at 6jfc, for 3 yr, 2 mo. the given time gain $.19 interest, the prin
d.1 /^ • i i. ^c^ &.n~f\ • ^ cipal that will in the given time gain $47.5*0
$4 (.oO interest ^ .19 = $2oO, pr!ncii)al. .\ ^ ^, ^ . ^.i * .a
' ^ ^ interest must be as many times $1 as $.19
is contained times in $47.50, or $250 ; therefore $250 is the principal which will, in 3 yr.
2 mo., at 6'V, gain $47.50 interest.
Rule. — Divide the given interest by the iivtrrest of one dollar for the
given time and rate.
Remark.— "Whenever the divLsor contains a fraction not reducible to a decimal, as in case
of some fractional or odd ratio per cent., it is better that the fractional form be retained.
Before division in such cases, multiply both divisor and dividend by the denominator of the
fractional divisor; the relative value of the terms will not be changed, and greater exactness
will be secured in the result.
KXAMPLES FOR PKACTICK
705. 1. /What principal, at 'v', "will gain $154 in 6 yr. 4 mo, 24 da.?
2. What sum of money, loaned at 4^^, for 7 yr. 11 mo. 15 da., will gain
$1468.21 interest ?
3. "What sum of money, imested at 5^^, will in 7 yr. 1 mo. 1 da. produce
$131.50 interest ?
Jf.. A money lender received $221.68 interest on a sum loaned at 8,*^ .July 17,
1885, and paid Oct. 11, 1888. What was the sum loaned ?
5. A dealer who clears 12^^^ annually on his investment, is forced by ill health
to give up his business; he lends his money at 7^, by which his income is reduced
$1512.50. How much had he invested in his business ?
6. How many dollars mitst I put at interest, at 9^, Jan. 27, 1889, .so that on
the 18th#>f Xov.. 1895, $506.27 interest will be due?
706. To find the Principal, the Amount, Rate, and Time being given.
Ex.v.MPLK. — What i>rincipal, at ij'ft,, will, in 4 yr. G mo. 15 da., amount to
$2372.25?
Operation. Explanation. — Since a principal of
4,, or/.T t. e S.A r^t\ e l\ j. $1 "^^^h in the given time, amount to
$1.272o = amount of $1.00 for the time. ^. oo •. n • • • i <•
$1.272.D, It will require a principal of as
$2372.25 f 1,2725 = $1800, principal. many times $1 to amount to $2372.25 as
$1.2725 is contained times in $2372.25, or
$1800.
Rule. — Divide the uimmnt by tlir amount of 1 dollar for the given
time and rate.
EXAMPLES IX INTEREST. 215
EXAMPLES FOK PRACTICE.
707. 1 What Slim, put at interest at '7'fc for 5 yr. 11 mo. 3 da., will amount
to $630.90?
2. A boy is now 15 years old. How much must be invested for him, at 7^5^
simple interest, that he may have $15000 when he becomes of age ?
3. What sum, put at interest June 1, 1888, at 7^, will amount to $687.50
July 1, 1890?
Jf. What sum of money, put at interest today at 5^, will amount to $1031.25
in 7 mo. 15 da. ?
5. What principal will amount to $308.34: in 11 mo. 9 da., at 6j^ ?
6. A man loaned a sum of money to a friend from June 13 to Dec, 1, at
7^ when he received $763.28 in full payment. How much was loaned ?
7. Owing a debt of $2146.18, due in 1 yr. 7 mo. 18 da., I deposited in a bank,
allowing me 6^ interest, a sum sufficient to cancel my debt when due. Find the
sum deposited.
708. To find the Eate Per Cent., the Principal, Interest, and Time being given.
Example. — At what rate per cent, must $750 be loaned, for 2 yr. 5 mo. 6 da.,
to gain $164.25 interest ?
Operation. Explanation. — The principal will gain
. ^ „ , , . , ^ . $18.25 interest in the given time at 1 per
$18.25 = ]nt. of $750 for the time at 1^. cent. ; in order that it may in the given time
$164.25 7 $18.25 _ 9 or 9^. ^..^^^ $164.25, the rate must be as many
times 1 per cent, as $18.25 is contained
times in $164.25, or 9 per cent.
Rule. — Divide the given, irvterest hy the interest on tlie given principal
for the given time, at 1 per cent.
Remark. — When the amoimt, interest, and time are given, to find the rate percent., subtract
the interest from the amount, thus finding the principal, then proceed as by the above rule.
EXAMPLES FOK PRACTICE.
709. 1. If I pay $518.75 interest on $1250, for 5 yr. mo. 12 da., what is
the rate per cent. ?
2. At what rate would $710, in 3 yr. 5 mo. 20 da., produce $172.56 interest ?
3. At what rate would $4187.50 amount to $4738.68, in 1 yr. 11 mo. 12 da.?
i. If $1200 amounts to $2135.80 in 12 yr. 11 mo. 29 da., what is the rate
per cent. ?
6. A lady deposited in a savings bank $3750, on which she received $93.75
interest semiannually. What per cent, of interest did she receive on her money?
6. A debt of $480, with interest from August 24, 1886, to Dec. 18, 1888,
amounted to $546.72. What was the rate per cent, of interest ?
7. To satisfy a debt of $1216.80, that had been on interest for 4 yr. 4 mo.
21 da., I gave my check for $1751.18. What was the rate per cent, of interest?
216 SHORT METHODS FOR FINDING INTEREST.
710. To find the Time, the Principal, Interest, and Rate being given.
Example. — In what time will $540 gain i74.52 interest, at 6^ ?
Opekation. Explaxatiox. — Since in 1 year $540 will, at.
$32,40 = int. on $540 for 1 vr., at 6<. ^ P^'" cent., gain #32.40 interest, it will require
f^A 5> _i_ •^•) 40 — o Q ~ ' as many years for it to gain .$74.52 interest as
* ^ ' ^* .) Q~" ' f32.40 is contained times in $74.52, or 2.3 years;
Z:6 X 1 yr. = :..3 years. find, by the rule for the reduction of a denomi
.3 yr. X 12 = 3.6 months. nate decimal, that 2.3 years equals 2 yr. 3 mo.
.6 mo. X 30 = 18 days. 18 da.
2 yr. 3 mo. 18 da.
Remark. — When by inspection it is apparent that the time is less than a year, divide the
given interest by the interest on the principal for the highest apparent unit of time; the quotient
will be in units of the order taken, which reduce as above.
Rule. — Divide the given interest hy the interest on the princijxil for 1
year, at the given rate ])rr eent.
Remark. — When the amount, interest, and rate are given to find the time, subtract the
interest from the amount, thus finding the principal, and proceed as above.
EXABIPLES FOR PRACTICE.
711. 1. How long will it take $360 to gain $53.64, it 6^.
2. How long should I keep $466.25, at 8fr, to have it amotint to $610.48 ?
3. A debt of $1650 was paid, with bl'/c interest, on Aug. 30, 1888, by deliver
ing a check for $2316.85. At what date was the debt contracted ?
4. How long must $612 be on interest, at 7,^^', to amount to $651.27 ?
5. On April 1, 1888, I loaned $1120, at 5^, and when the money was due I
received $1202.60 in full payment. What was the date of the payment ?
6. In what time will money, bearing 8^ simple interest, double itself ?
ExPLAXATiox. — In order to double itself, the interest accumulated must be equal to the
principal, or be 100 per cent, of the principal. And since the principal increases 8 per cent, in
one year, it will require as many years to increase 100 per cent., or to double itself, as 8 per
cent, is contained times in 100 per cent., or 124, equal to 12 yr. 6 mo.
SHORT METHODS FOR FINDING INTEREST.
712. To find Interest for Days, at 6 per cent., 360 day basis, or Common Interest.
ExPLAXATiox. — A principal of 1 will, in 1 year, at 6 per cent., gain $.06 interest. A prin
cipal of $1 will, in I year, or 2 months, or 60 days, at 6 per cent., gain .01 interest. Since
$.01 equals jJ^ of the principal, the interest on any sura of money for 60 days, at 6 per cent.,
can be found by pointing off two integral places from the right; and since 6 is y'g of 60, the
interest for 6 days Ciin be found by pointing off three places; and since ten times 60 is 600, the
interest for 600 days is ten times that for 60 days, and may be found by pointing off 1 place;
and since 6000 is ten times 600, the interest for 6000 days can be found by multiplying the inter
est for 600 days by 10, or in other words, the interest for 6000 days will equal the principal;
the principal thus being shown to double itself in that time at 6 per cent. This may further
be proved true from either of two illustrations:
EXAMPLES IN FlXDINft IXTEREST. :^17
1st. 6000 da, ^ :JGO (12 X 30) = 16, or 16 yr. + 8 nio.
2d. lOOfc ^ 6;c = 16^, or 16 yr. + 8 mo.
Hence, assuming $3136 as a principal, we form the following
Table.
%2136 = principal.
12.136 = interest at Qfo for 6 days.
$21.36 = interest at 6^ for 60 days.
$213.6 = interest at ^ for 600 days.
$2136.= interest at 6^ for 6000 days.
Remakks. — 1. Observe, as above stated, that the interest for 6000 days equals the principal,
or that anj sura of money will, at common interest, double itself in 6000 days.
2. Since interest is ordinarily computed on the basis of 860 days, or 12 periods of 30 days
each, as illustrated above, all results will be required on that basis, unless otherwise specified.
713. — 1. To find the interest of any sum of money, at ^4, for 6 days.
Bulk. — Cut off three integral ;placesfrom the right of the principal.
2. To find the interest of any sum of money, at 6^ for 60 days. Rule. — Cut
off two integral places from the right of the j)rincipal.
3. To find the interest of any sum of money, at (j'fc, for 600 days. Rule. — Cut
off' one integral place from the right of the principal.
Jf. To find the interest of any sum of money, at 6,^, for 6000 days. Rule. —
Write the interest as being equal to the 2^rincipal.
Remark. — Interest is a product of which the rate and time are factors. [Formula. — Interest
=r Principal X Rate X Time.] Since the rate, being a constant factor, may be ignored, it will
be observed that it will make no difference if, for convenience, the term principal (in dollars), and
that of time (in days), be interchanged. Illustration: The interest of 500 (dollars) for 93 (days),
is the same as the interest of 93 (dollars) for 500 (days); and since 500 is ^^j of 6000, the interest
required can be found by dividing 93 (dollars) by 12, which gives $7.75. Again, the interest
of 150 (dollars) for S8 (days) equals the interest of 88 (dollars) for 150 (days); and since 150 is
i of 600, the required interest is obtained by pointing off one place from the right of 88 (dollars),
as, $8.8, and dividing the result by 4, obtaining $2.2, or $2.20, as the interest.
714. To find Interest at Other Rates than 6 per cent., 360 Day Basis.
1. To find the interest on any sum of money for 12 days, at 6 per cent.
Rule. — Point off' 3 ^jlaces and multi])li/ by 2.
Remakks. — 1. For any number of days divisible by 6, proceed in like manner.
2. For other rates, add or subtract fractional parts of results, as in Art. 701.
3. For odd days, add fractional parts to the result.
2. To find the interest for 18 days, at 7;k Rule. — Point off' 3 places ,
inultiply by 3, and to the result add onesixth of itself.
3. To find the interest for 24 days, at o^L Rule. — Point off 3 places^
mziltiply by 4, and from the result subtract onesixth of itself.
4. To find the interest for 36 days, at 4^^. Rule. — Point off 3 places,
rmiltijily by 6, and from the result subtract onefourth of itself.
5. To find tiie interest for 78 days, at %<fc. Rile. — Point off' 3 places,
multiply by 13, and to the result add onethird (f itself.
218
EXAMPLES IN INTEREST.
6. To find the interest for 51 days, at 6^. Eule. — Point off S places,
multiply hy 8, and to the result add onehalf of the first result.
Remark. — In a similar way all changes of time and rate may be considered.
7. To find the interest for 10 days, at 6^. Rule. — Point off 2 places, and
divide the result by 6.
8. To find the interest for 20 days, at 1^. Rule. — Poitit off 2 places, divide
the result hy 3, and to the quotient add onesixth of itself.
9. To find the interest for 30 days, at 7^^. Rule. — Point off 2 jda^es,
divide the result hy 2, and to the quotient add onefourth of itself .
10^ To find the interest for 40 days, at 9j^. Rule. — Point off 2 places, sub
tracirfrom the result onethird of itself, and to the remainder add onehalf of itself.
11. To find the interest for 45 days, at 8^. Rule. — Point off 2 places, sub
tract from the result onefourth of itself, and to the remainder add onethird of
itself
12. To find the interest for 54 days, at 6
from the residt subtract otietenth of itself
IS. To find the interest for 240 days, at
■multiply by 4
Rule. — Point off 2 places, and
Rule. — Point off 2 places and
Remarks. — In a similar manner obtain interest for all terms of 60 days or parts thereof , and
at any required rate.
IJf. To find the interest for 50 days, at 6^.
divide by 12.
15. To find the interest for 100 days, at Q,^L
divide by 6.
16, To find the interest for 150 days, at Qfji.
divide by 4
Rule. — Point off 1 place and
Rule. — Point off' 1 place and
Rule. — Point off 1 place and
Remark. — Daily cla.ss drill for five or ten minutes, during the time given to the subject of
interest and its varied applications, will impart to the class an astonishing degree of accuracy
and rapidity in computing interest; and while odd rates are not in common ase, valuable drill
may be given by their occasional introduction, and the varied changes necessary to obtain
interest for odd days will insure the very best results.
EXAMPLES FOR PRACTICE.
715. Find the interest on
1. $1750, for 15 days, at 6^.
2. $1125, for 24 days, at 7^.
3. $742.50, for 30 days, at 6^.
4. $900, for 93 days, at l\i.
^. $G60, for 63 days, at 8^.
fj. $136.42, for 33 days, at 9^.
7. $1000, for 21 days, at 10^.
8. $2000, for 12 days, at h^.
9. $351.23, for 40 days, at 4^.
10. $1368, for 50 days, at 3^.
11. $93.40, for 150 days, at 6^.
12. $550, for 75 days, at 7^.
13. $842.50, for 45 days, at 6^.
IJf. $800, for 27 days, at 5^.
15. $1725, for 57 days, at 9^.
16. $125, for 55 (fays, at 6^.
17. $3741.85, for 6 days, at 7^.
18. $5178, for 9 days, at 9^.
19. $732, for 11 days, at 6j^.
20. $1174.51, for 42 days, at 8^
EXAMPLES FOU PRACTICE.
219
$120, for 49 days, at 9^.
160, for 50 days, at 5^.
1930, for 83 days, at 6^.
1750, for 84 days, at 6^.
$550, for 72 days, at 7j^.
166.90, for 11 days, at 6^.
$83.21, for 30 days, at Oy^.
$110.25, for 60 days, at 7^.
$77.54, for 54 days, at 6^.
$300, for 66 days, at 10^.
$800, for 93 days, at 8^.
$1110, for 63 days, at 6^.
$684, for 50 days, at 6fi.
$1250, for 70 days, at 12^'.
$351.89, for 9 days, at 6^.
Remark. — In the five following examples, compute the interest on each separate principal
to the nearest cent; then find the sum total of the interest thus obtained.
31.
$340, for 70 days, at 10^.
36
23.
$1478, for 80 days, at 6^.
37.
2S.
$2150, for 96 days, at 4^^.
38.
21
$1200, for 53 days, at 6^.
39.
26.
$1500, for 87 days, at 7^.
40
26.
$420, for 41 days, at 5^.
41.
27.
$360, for 81 days, at 6^.
43.
28.
$2347.50, for 18 days, at 7^.
¥i
29.
$1112.49, for 25 days, at 8^.
u
30.
$1300, for 13 days, at 6^.
45.
31.
$17000, for 3 days, at 5^^.
46.
32.
$195.50, for 33 days, at 10^.
A7.
33.
$1050, for 43 days, at 7^.
48.
34.
$1560, for 44 days, at 7i^.
49.
35.
$180, for 47 days, at &'fr.
50
716. 1. Find the total amount of interest on
$550, for 18 days, at 6,<. 
$810, for 40 days, at 7^.
$1000, for 41 days, at 74%'.
$342.50, for 42 days, at 5<i.
$1362.50, for 45 days, at 6f/.
$250, for 50 days, at 6^.
$593.25, for 80 days, at 7^.
$1966, for 75 days, at b^.
$450, for 83 days, at 8^.
$990, for 63 days, at 6^.
2. Find the total amount of interest on
$720, for 9 days, at 10^.
$7500, for 3 days, at 7^.
$216, for 93 days, at 8^.
$504, for 54 days, at 6^.
$600, for 4 days, at 4^%'.
$1124, for 15 days, at 3j
$550, for 45 days, at 7^^
$160, for 27 days, at 6^.
$240, for 31 days, at 8^.
$540, for 41 days, at 9^.
S. Find the total amount of tlie interest on
)2, for 8 days, at 3^.
$1728, for 10 days, at 6^.
$2150.42, for 17 days, at 7^.
$519, for 24 days, at 8%.
$1600, for 23 days, at 74^.
Find the total amount of interest on
$695, for *79 days, at 3^.
$546, for 73 days, at ZH.
$1382.50, for 69 days, at 4^.
$101.80, for 65 days, at Ui. '
$500, for 61 days, at 5<.
$1400, for 26 days, at 6^
$1700, for 29 days, at 8^
$1900, for 37 days, at 7^
$2100, for 43 days, at 6^
$3100, for 53 days, at 3^
$99, for 59 days, at 5^^.
$780, for 101 days, at 6fK
$1350, for 150 days, at Q^'i.
$775, for 180 days, at 7^.'
$938.20. for 10 days, at 10,^.
220
EXAMPLES FOR PRACTICE.
5. Find the total amount of interest on
$285.56, for 11 days, at 11^.
$372.40, for 21 days, at 7^.
$519.31, for 27 days, at 7^.
$3000, for 1 day, at 6,^.
$6000, for 5 days, at 5^.
$10000, for 16 days, at 8^.
$400, for 48 days, at 6^.
$2400, for 54 days, at 5^,
$730.30, for 33 days, at 9^.
$100, for 45 days, "at 6^.
717. To find Interest for Days at 6 per cent, 365 day basis, or Exact Interest.
Remarks. — 1. Aside from uses in government calculations, exact interest is rarely com
puted; and while it is enforceable, being strictly legal, the greater convenience of the 360 day
rules so commend them to public favor as to lead to their common use.
2. On a basis of 12 periods of 30 days each, or 360 days for a year, the year's interest is
taken for a period too short, since the year (exclusive of leap year) contains 365 days. The
time is, therefore, 5 days or ^%^, equal to ^^, too short, and the interest taken on that basis is
proportionally too great; to correct this error and obtain the exact interest, subtract y'j part
from any interest obtained on a 360 day basis.
EXAMPI.ES FOR PRACTICE.
718. 1. Find the exact in
~. Find the exact interest
3. Find the exact interest
4 Find the exact interest
'J. Find the exact interest
6. Find the exact interest
7. Find the exact interest
8. Find the exact interest
•9. Find the exact interest
10. Find the exact interest
terest of $630, for 50 days, at 6^.
of 1954, for 63 days, at 7^.
of $800, for 33 days, at 5^.
of $137.50, for 93 days, at 8^.
of $210.54, for 100 days, at 9^.
of $681.80 for 90 days, at 10^.
of $500, for 48 days, at 6^.
of $1200, for 31 days, at hi.
of $1500, for 55 days, at 7i^.
of $811.25, for 45 days, at 4^^.
Remark. — In the three following examples, find the exact interest on each separate prin
cipal to the nearest cent, and then the total of the interest thus obtained.
719. 1.
ADDITIONAL EXAMPLES FOR PRACTICE.
Find the total amount of exact interest on
$510, for 63 days, at 7^.
$615, for 93 days, at 6^.
$450, for 78 days, at 5^.
$120, for 96 days, at 7^^.
$353, for 80 days, at 10^.
$1935.60, for 75 days, at hi.
$2136.88, for 70 days, at 4^.
$1000, for 73 days, at 6^.
$2000, for 146 days, at 9^.
$1500, for 219 days, at 4^.
2. Find the total amount of exact interest on
$2150, for 65 days, at 3^.
$1640, for 14 days, at 4^.
$900, for 17 days, at m.
$182.79, for 24 days, at 5^.
$605.51, for 33 days, at 6^.
$890.90, for 45 days, at 7^.
$1100, for 46 days, at 8,*^.
$2500, for 54 days, at 10^.
$720, for 66 days, at 9^.
^365, for 51 days, at 6^.
PERIODIC INTEREST. 2'il
"Find the total amount of exact interest on
$96.60, for 20 days, at 7^.
$138.24, for 15 days, at 6^.
$1793.80, for 35 days, at 8^.
$2000, for 7 days, at 7^.
$1000, for 1 day, at 4^^
$615.62, for 93 days, at 6^.
$730, for 57 days, at 5^.
$891.11, for 63 days, at 6^.
$200, for 10 days, at 6^4.
$525, for 25 duvs, at 10%.
PERIODIC INTEREST.
720. Annual Interest is simple interest on the principal for each year
j)eriod, and on each year's interest remaining unpaid.
721. Semi Annual Interest is simjjle interest on the principal for eacli half
year period, and on each period's interest remaining unpaid.
722. Quarterly Interest is simjyle interest on the principal for each quar
teryear period, and on each period's interest remaining unpaid.
723. In some States annual and other periodic interest is sanctioned by law;
but in many States it cannot be legally enforced.
724. When the interest payments are not made when due, periodic interest
becomes greater than siinple interest, because of the interest on the unpaid sums.
725. Perodic interest is sometimes secured by a note or series of notes; in
such cases the principal only is secured by one of the series (if not by mortgage
or otherwise), while each of the other notes is drawn for one interest payment,
and matures on the date at which such payment is due. By such arrangement,
periodic interest can be enforced in States where it would otherwise be regarded
as illegal.
726. In States where })eriodic interest is legal, the contract should contain
the words, "with annual interest," or " with interest payable annually," or " with
semiannual interest," etc.
727. As simple interest cannot be collected until the principal is due, simple
and periodic interest are the same up to the end of the first interest period.
Remark. — When the interest is not paid at the end of the periods, as agreed, much time
will be saved in obtaining the amount due, by finding the interest on one overdue payment
for the aggregate of the time for which they were all overdue; to this interest add the amount
of the principal, at simple interest.
728. To find Periodic Interest, the Principal, Rate, and Time, being given.
Example. — What is the interest on $2500, from July 1, 1885, to Sept. 16,
1888, at 6^ interest, due annually, and no payments miide until final settlement?
222 COMPOUND INTEREST.
Operation. Explanation. — From July 1,
1888 — 9—16 1885, to Sept. 16, 1888, is 3 yr. 2
Iggg <^ 1 mo. 15 da. And since the first
; . j'car's interest, which is $150, was
^~^~1^ = *^°^^ _ not paid until 2 yr. 2 mo. 15 da.
$2500 X .06 = $150 = 1 yr. int. after it was due, the second year's
r, . . • ■, ( 2 yr. 3 mo. 15 da. interest, $150, was not paid until
Remaining unpaid \ ^ ^^^ ^ ^^^ ^^ ^^ ^ ^^^ ^ ^^ ^^ ^^ ^^^^^. .^ ^,^ ^^^^
101 perioas oi ^ 2 mo. 15 da. and the third year's interest, $150,
Interest of $150. for 3 yr. 7 mo. 15 da. = $ 32.63 ^^'^s not paid until 2 mo. 15 da.
o ■ 1 • i. i. • ^ „i ^;^A AA after it was due, the aggregate of
3 yr. Simple interest on principal = 4o0.00 • . ^ ,., ■ . ° , ,j
'' ' . . . , ^1 ^ the time for Avhich interest should
2 mo. 15 da. interest on principal = o\.%o ^^ computed on one year's interest.
Total interest due — $513.88 $150, is 3 yr. 7 mo. 15 da., and its
interest for that time is $32.63.
Adding to this the interest of the principal for the full time, $481.25, gives $513.88, the amount
of interest due.
Rule.— To the svjnple interest on the principal for the full time, add
the interest on one period's interest for the aggregate of time for irhich
the payments of interest were deferred.
EXAMPLES FOR PRACTICE.
729. 1. What is the annual interest of $1260, payments due semiannually
from May 21, 1884, to Nov. 9, 1888, at 7j^, no interest having been paid?
2. What is the annual interest of $3416.50, ijuynients due quarterly from
Jan. 15, 1882, to Sept. 6, 1889, at b'/c, no interest having been paid?
3. Find the amount of interest due at the end of 4 yr. 9 mo. on a note for
$1155, at 6^, interest payable annually, but remaining unpaid.
Jf. On a note of $1750, dated Aug. 1, 1882, given with interest payable
annually at 10^, the first three payments were made when due. How much
remained unpaid, debt and interest, Jan. 1, 1889?
5. Find the amount due Oct. 11, 1891, on a debt of $11000 under date of
July 5, 1888, bearing 4^^ interest, payable quarterly, notes for the quarterly
interest having been given and nothing paid until final settlement.
COMPOUND INTEREST.
730. Compound Interest is the interest on the i)rincip;il and on tlie unimid
interest after it l)ecomes due.
731. The Simple Interest may be added to the principal annually, semi
annually, quarterly, or for other agreed periods; when done, interest is said to
be compounded annually, quarterly, etc., as tlie case may be.
732. General Rule. — Find the amount of the prinei])<tl and i interest
for the first period, and mahe that the principal for the second period,
and so proceed to the time of settlement.
COMPOUND INTEREST.
223
Remarks 1. If the time contains fractional parts of a period, as months and days, find
the amount due for the full periods, and to this add its interest for the months and days.
2. Compound interest is not recoverable by law, but a creditor may receive it if tendered,
■without incurring the penalty of usury; a new obligation may be taken at the maturity of a
compound interest claim, for the amount so shown to be due, and such new obligation will be
valid and binding.
733. To find the Compound Interest, when the Principal, Rate, and Time of
Computing it are given.
Example.— Find the interest of $750, for 3 yr. 8 mo. 15 du., at 6^, if interest
be compounded annually.
Operation.
$45 = int. for 1st yr.
$795 = amt. at end of 1st yr.
$47.70 = int. for 2d yr.
$842. 70 = amt. at end of 2d yr.
$50.56 =int. for 3d yr.
$893.26 = amt. at end of 3d yr.
$38.16 = int. for 8 mo. 15 da.
$931.42 = amt. for full time.
$931.42 — $750 = $181.42, comp. int. full time.
Explanation. — Since the interest
is to be compounded annually, the
amount due at the end of the first
year, which is $795, will be the basis
of the interest for the second year;
and the amount due at the end of the
second year, $842.70, will be the basis
of the interest for the third year; the
amount due at the end of the third
year, $893 26, will be the basis of the
interest for the remaining 8 mo. 15
da. of the time; and since the com
pound amount thus found, $931.42,
is made up of the compound interest and the principal, if from this amount the principal be
subtracted, the remainder, $181.42, will be the compound interest.
Rule.— I. Find the amount on the principal for the first interest period;
take this result as a principal for the next period, and so on through the
whole time.
II. Subtract the principal from the last amount, and the remainder
will he the com/pound interest.
Remark. — For half or quarter years, take onehalf or onequarter the rate per cent, for one
year.
EXAMPLES FOR PRACTICE.
734. 1. What is the compound interest on $1200, for 4 years, at 7^, if the
interest is compounded annually?
2. What is the compound interest on $600, for 3 years, at h<;i, if the interest
is compounded quarterly?
3. Wliat is the compound interest on $1640, for 2 yr. 6 mo., at lOf^, if the
interest is compounded quarterly?
4. Find the compound interest on $1000, for 4 yr. 5 mo. 12 da., at 8f^, if the
interest is compounded sei^iiiannually ?
5. What will be the amount due Feb. 11, 1892, on a debt of $900, bearing
8^ interest, compounded quarterly, if the debt bears interest from July 1, 1888 ?
6. Oct. 1, 1888, I paid in full a note for $1350, dated March 15, 1883, and
bearing 10^ interest. If the interest was compounded semiannually, what was
the amount due at settlement ?
224
COMPOUND INTEREST TABLE.
735. The labor of cominiting compound interest may be greatly shortened
by the use of the following
Conipoiiud Interest Table,
Showing the amount of ^1 at compound interest at various rates per cent,
for liny number of years, from 1 year to 50 years, inclusive.
Yrs.
1 per ct.
1}4 per ct.
2 ])er ct.
214 per ct.
3 per ct.
3K per ct.
4 per ct.
1
1.0100 000
1.0150 000
1.0200 0000
1.0250 0000
1.0300 0000
1.0350 0000
1.0400 0000
2
1.0201 000
1.0302 250
1.0404 0000
1.0506 2500
1.0609 0000
1.0713 2500
1.0816 0000
3
1.0303 010
1.0456 784
1.0613 0800
1.0768 9062
1.0927 2700
1.1087 1787
1.1248 6400
4
1.0406 040
1.0613 636
1.0824 3216
1.1038 1289
1.1255 0881
1.1475 2300
1.1698 5856
5
1.0510 101
1.0772 840
1.1040 8080
1.1314 0821
1.1593 7407
1.1876 8631
1.2166 5290
«
1.0615 203
1.0934 433
1.1261 6243
1.1596 9342
1.1940 5230
1.3393 5533
1.3653 1903
7
1.0721 354
1.1098 450
1.1486 8567
1.1886 8575
1.2398 7387
1.3733 7926
1.3159 3178
8
1.0828 567
1.1264 926
1.1716 5938
1.2184 0290
1.2667 7008
1.3168 0904
1.3685 6905
9
1.0936 853
1.1433 900
1.1950 9257
1.2488 6297
1.3047 7318
1.3628 9735
1.4233 1181
10
1.1046 221
1.1605 408
1.2189 9443
1.2800 8454
1.3439 1638
1.4105 9876
1.4803 4438
11
1.1156 683
1.1779 489
1.3433 7431
1.3120 8666
1.3843 3387
1.4599 6972
1.5394 5406
12
1.1268 250
1.1956 182
1.3683 4179
1.3448 8883
1.4257 6089
1.5110 6866
1.6010 3233
13
1.1380 933
1.2135 524
1.2936 0663
1.3785 1104
1.4685 3371
1.5639 5606
1.6650 7351
U
1.1494 742
1.2317 557
1.3194 7876
1.4129 73;2
1.5125 8972
1.6186 9452
1.7316 7645
15
1.1609 690
1.2503 321
1.3458 6834
1.4483 9817
1.5579 6742
1.6753 4883
1.8009 4351
16
1.1725 786
1.2689 855
1.3727 8570
1.4845 0568
1.6047 0644
1.7339 8601
1.8729 8135
17
1.1843 044
1.2880 203
1.4003 4143
1.5216 1826
1.6528 4763
1.7946 7555
1.9479 0050
18
1.1961 475
1.3073 406
1.4383 4625
1.5596 5872
1.7024 3306
1.8574 8920
2.0258 1652
19
1.2081 090
1.3269 507
1.4568 1117
1.5986 5019
1.7535 0605
1.9225 0132
2.1068 4918
20
1.2201 900
1.3468 550
1.4859 4740
1.6386 1644
1.8061 1123
1.9897 8886
2.1911 2314
21
1.2323 919
1.3670 578
1.5156 6634
1.6795 8185
1.8603 9457
2.0594 3147
2.2787 6807
22
1.2447 159
1.3875 637
1.5459 7967
1.7215 7140
1.9161 0341
2.1315 1158
2.3699 1879
23
1.2571 630
1.4083 773
1.5768 9926
1.7646 1068
1.9735 8651
2.2061 1448
2.4647 1555
24
1.2697 346
1.4395 028
1.6084 3725
1.8087 2595
2.0327 9411
3.8833 3849
2.5633 0417
25
1.2824 320
1.4509 454
1.6406 0599
1.8539 4410
2.0937 7793
3.3633 4498
2.6658 3633
26
1.2952 563
1.4727 095
l.(f?34 1811
1.9002 9270
2.1565 9127
8.4459 5856
2.7724 6979
27
1.3082 089
1.4948 002
1.7068 8648
1.9478 0003
2.2213 8901
8.5315 6711
2.8833 6858
28
1.3212 910
1.5172 222
1.7410 2421
1.9964 9503
3.3879 2768
2,6201 7196
2.9987 0333
29
1.3345 039
1.5399 805
1.7758 4469
2.0404 0739
3.3565 6551
2.7118 7798
3.1186 6145
30
1.3478 490
1.5630 802
1.8113 6158
3.0975 6758
2.4273 6347
2.8067 9370
3.2433 9751
31
1.3613 274
1.5865 264
1.8475 8882
3.1500 0677
3.5000 8035
2.9050 3148
3.3731 3341
32
1.3749 407
1.6103 243
1.8845 4059
3.2037 5694
3.5750 8276
3.0067 0759
3.5080 5875
33
1.3886 901
1.6344 792
1.9223 8140
2.2588 5086
2.6523 3524
3.1119 4235
3.6483 8110
34
1.4025 770
1.6589 964
1.9606 7603
2.3153 2313
2.7319 0530
3.2208 6033
3.7943 1634
35
1.4166 028
1.6838 813
1.9998 8955
3.3733 0519
2.8138 6245
3.3335 9045
3.9460 8899
36
1.4307 688
1.7091 395
3.0398 8734
2.4335 3533
3.8983 7833
3.4502 6611
4.1039 3355
37
1.4450 765
1.7347 766
3.0806 8509
2.4933 4870
3.9853 2668
3.5710 2543
4.2680 8986
38
1.4595 272
1.7607 983
2.1222 9879
2.5556 8242
3.0747 8348
3.0960 1132
4.4388 1345
39
1.4741 225
1.7872 103
2.1647 4477
2.6195 7448
3.1670 2698
3.8253 7171
4.6163 6599
40
1.4888 637
1.8140 184
2.2080 3966
3.6850 6384
3.2620 3779
3.9592 5973
4.8010 2063
41
1.5037 524
1.8413 287
2.2523 0046
3.7531 9043
3.3598 9893
4.0978 3381
4.9930 6145
42
1.5187 899
1.8688 471
3.3973 4447
3.8209 9520
3.4606 9589
4.2413 5799
5.1927 8391
43
1.5339 778
1.8968 798
3.3431 8936
2.8915 2008
3.5645 1677
4.3897 0302
5.4004 9527
44
1.5493 176
1.9253 330
3.3900 5314
3.9638 0S08
3.6714 5227
4.5433 4160
5.6165 1508
45
1.5648 107
1.9543 130
3.4378 5431
3.0379 0328
3.7815 9584
4.7023 5855
5.8411 7568
46
1.5804 589 '
1.9835 263
3.4866 1139
3.1138 5086
3.8950 4372
4.8669 4110
6.0748 2271
47
1.5962 634 i
3.0132 791
3.5363 4351
3.1916 9713
4.0118 9503
5.0373 8404
6.3178 1562
48
1.6122 261 1
3.0434 783
3.5870 7039
3.2714 89:)6
4.1323 5188
5.2135 8898
6.5705 2824
49
1.6283 483
3.0741 305
3.6388 1179
3.3532 7630
4.2563 1944
5.3960 6459
6.8333 4937
50
1.6446 318
2.1052 434
2.6915 8803
3.4371 0872
4.3839 0603
5.5849 2686
7.1066 8335
COMPOUND INTEREST TABLE.
225
Compound Interest Table.
Showing the amount of $1 id compound interest, at various rates per cent,
for any number of years, from 1 year to 50 years, inclusive.
Yrs.
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
4}4 V^^ ^^'
1.0450 0000
1.0920 2500
1.1411 6612
1.1925 1860
1.2461 8194
1.3022 6012
1.3608 6183
1.4221 0061
1.4860 9514
1.5529 6942
1.6228 5305
1.6958 8143
1.7721 9610
1.8519 4492
1.9352 8244
7015
7681
7877
6031
1402
4116
5201
6635
1383
3446
2.0223
2.1133
2.2084
2.3078
2.4117
2.5202
2.6336
2.7521
2.8760
3.0054
3.1406 7901
3.2820 0956
3.4296 9999
3.5840 3649
3.7453 1813
3.9138 5745
4.0899 8104
4.2740 3018
4.4663 6154
4.6673 4781
4.8773 7846
5.0968 6049
5.3262 1921
5.5658 9908
5.8163 6454
6.0781 0094
6.3516 1548
6.6374 3818
6.9361 2290
7.2482 4843
7.5744 1961
7.9152 6849
8.2714 5557
8.6436 7107
9.0326 3627
15
5 per ct.
1.0500 000
1.1025 000
1.1576 250
1.2155 063
1.2762 816
1.3400 956
1.4071 004
1.4774 554
1.5513 282
1.6288 946
1.7103 394
1.7958 563
1.8856 491
1.9799 31G
2.0789 282
2.1828 746
2.2920 183
2.4066 192
2.5269 502
2.6532 977
2.7859 626
2.9252 607
3.0715 238
3.2250 999
3.3863 549
3.5556 727
3.7334 563
3.920f 291
4.1161 35G
4.3219 424
4.5380 395
4.7649 415
5.0031 885
5.2533 480
5.5160 154
5.7918 161
6.0814 069
6.3854 773
6.7047 512
7.0399 887
7.3919 882
7.7615 876
8.1496 669
8.5571 503
8.9850 078
9.4342 582
9.9059 711
10.4012 697
10.9213 331
11.4673 998
6 per ct.
1.0600 000
1.1236 000
1.1910 160
1.2624 770
1.3382 256
1.4185 191
1.5036 303
1.5938 481
1.6894 790
1.7908 477
1.8982 986
2.0121 965
2,1329 283
2.2609 040
2.3965 582
2.5403 517
2.6927 728
2.8543 392
3.0255 995
3.2071 355
3.3995 636
3.6035 374
3.8197 497
4.0489 346
4.2918 707
4.5493 830
4.8223 459
5.1116 867
5.4183 879
5.7434 912
6.0881 006
6.4533 867
6.8405 899
7.2510 253
7.6860 868
8.1472 520
8.6360 871
9.1542 524
9.7035 075
10.2857 179
10.9028 610
11.5570 327
12.2504 546
12.9854 819
13.7646 108
14.5904 875
15.4659 167
16.3938 717
17.3775 040
18.4201 543
7 per ct.
1.0700 000
1.1449 000
1.2250 430
1.3107 960
1.4025 517
1.5007 304
1.6057 815
1.7181 862
1.8384 592
1.9671 514
2.1048 520
2.2521 916
2.4098 450
2.5785 342
2.7590 315
2.9521 638
3.1588 152
3.3799 323
3.6165 275
3.8696 845
4.1405 624
4.4304 017
4.7405 299
5.0723 670
5.4274 326
5.8073 529
6.2138 676
6.6488 384
7.1142 571
7.6122 550
8.1451 129
8.7152 708
9.3253 398
9.9781 135
10.6765 815
11.4239 422
12.2236 181
13.0792 714
13.9948 204
14.9744 578
16.0226 699
17.1442 568
18.3443 548
19.6284 596
21.0024 518
22.4726 234
24.0457 070
25.7289 065
27.5299 300
29.4570 251
8 per ct.
1.0800 000
1.1664 000
1.2597 120
1.3604 890
1.4693 281
1.5668 743
1.7138 243
1.8509 302
1.9990 046
2.1589 250
2.3316 390
2.5181 701
2.7196 237
2.9371 936
3.1721 691
3.4259 426
3.7000 181
3.9960 195
4.3157 Oil
4.6609 571
5.0338 337
5.4365 404
5.8714 637
6.3411 807
6.8484 752
7.3963 532
7.9880 615
8.6271 064
9.3172 749
10.0626 569
10.8676 694
11.7370 830
12.6760 496
13.6901 336
14.7853 443
15.9681 718
17.2456 256
18.6252 756
20.1152 977
21.7245 215
23.4624 832
25.3394 819
27.3666 404
29.5559 717
31.9204 494
34.4740 853
37.2320 122
40.2105 731
43.4274 190
46.9016 125
9 per ct,
1.0900 000
1.1881 000
1.2950 290
1.4115 816
1.5386 240
1.6771 001
1.8280 391
1.9925 626
2.1718 933
2.3673 637
2.5804 264
2.8126 648
3.0658 046
3.3417 270
3.6424 825
3.9703 059
4.3276 334
4.7171 204
5.1416 613
5.6044 108
6.1088 077
6.6586 004
7.2578 745
7.9110 832
8.6230 807
9.3991 579
10.2450 821
11.1671 395
12.1721 821
13.2676 785
14.4617 695
15.7633 288
17.1820 284
18.7284 109
20.4139 679
22.2512 250
24.2538 353
26.4366 805
28.8159 817
31.4094 200
34.2362 679
37.3175 320
40.6761 098
44.3369 597
48.3272 861
52.6767 419
57.4176 486
62.5852 370
68.2179 083
74.3575 201
10 per ct.
1.1000 000
1.21CX) 000
1.3310 000
1.4641 000
1.6105 100
1.7715 610
1.9487 171
2.1435 888
2.3579 477
2.5937 425
2.8531 167
3.1384 284
3.4522 712
3.7974 983
4.1772 482
4.5949 730
5.0544 703
5.5599 173
6.1159 390
6.7275 000
7.4002 499
8.1402 749
8.9543 024
9.8497 327
10.8347 059
11.9181 765
13.1099 942
14.4209 936
15.8630 930
17.4494 023
19.1943 425
21.1137 768
23.2251 544
25.5476 699
28.1024 369
30.9126 805
34.0039 486
37.4043 434
41.1447 778
45.2592 556
49.7851 811
54.7636 993
60.2400 692
66.2640 761
72.8904 8a7
80.1795 321
88.1974 853
97.0172 338
106.7189 573
117.3908 529
226 EXAMPLES IN" INTEREST.
Remarks. — 1. To find the amount of any given principal, for any required number of years:
multiply the given principal by the amount of $1 at the given rate, as shown by the table.
2. For periods beyond the scope of the table : multiply together the amounts shown for periods
the sum of which will equal the time required. For example, to find the compound amount
of $1 for 100 years: multiply the amount for 50 years by itself; to find the compound amount for
75 years: multiply the amount for 50 by that for 25; of 30 by 45; of 37 by 38; of 40 by 35, etc.
3. If interest is to be compounded semiannually, take onebalf the rate for twice the time.
4. If interest is to be compound quarterly, take one fourth the rate for four times the time.
5. If interest is to be compounded bimonthly, take onesixth the rate for six times the time.
6. To find the compound amount of print ipals of $100, or less: multiply the principal by
the amount as shown in the table, using only 3 of its decimal places. For principals of $1000,
or less, use only 4 of the decimal places, and so on.
736. To find the Principal or Present Worth of an Amount at Compound
Interest.
Example. — "What principal will, in 3 yr., at 6^, amount to $5955.08, if inter
est is compounded annually. ?
Explanation. — From the table
Opekation. find the amount of $1 for 3 years, at
15955.08 = total unit.
6 per cent, interest, compounded an
Eually, to be $1.191016; to find the
$1.191016 = amt. of U for the rate and time. principal that will, at the given rate
15955.08 = 1.191016 = $5000, principal. andtime, amount to $5955.08, divide
$5955.08 by 1.191016.
Rule. — Divide the compouiid amoiont given by the compound amount
of one dollar for the time and rate given.
EXABIPi:.ES FOR PRACTICE.
737. 1. What principal will, in 8 years, at h'^, amount to $4107.26, if interest
is compounded semiannually ?
2. Find that principal which will, in 5 years, at 8,^^ interest, compounded
quarterly, amount to $1516.11.
3. At what rate of interest, compounded annually, must $1750 be loaned,,
that in 7 years it may amount to $2381.51 ?
Remark. — Divide the amount by the principal, carrying the quotient to six decimal places;
refer to the 7 j^cars line, or column, for an amount corresponding to the quotient. The rate
column in which it is found will indicate the rate per cent, required.
Jf.. At wliat rate of interest, compounded annually, must $2500 be loaned for
12 years, that it may accumulate $3795.43 interest ?
MISCELLAKEOUS EXAMPL,E.S FOR PRACTICE.
738. 1. What sum will, on Sept. 5, 1889, discharge a debt of $550, dated
Mar. 19, 1884, bearing 9;<^ interest, if interest is compounded semiannually, and
no i)ayments are made until final settlement?
2. If nothing was paid until final settlement, what amount would pay a debt
of $1450, made July 15, 1885, and ])aid Dec, 3, 1888, if interest is allowed at
the rate of 6^, compounded quarterly?
REVIEW EXAMPLES IN INTEREST. 227
3. What amount will be due Apr. 15, 1891, on a debt of $1100, created May
1, 1887, if the interest thereon is at the rate of 10^, compounded semiannually.
4. Sept. 19, 18S6, I borrowed 15000, at ^i, and agreed that until settlement
was made I would permit the compounding of the interest every two months.
Under such conditions, what amount will be due Oct. 25, 1890 ?
5. June 29, 1884, I borrowed some money at 8^, interest to be compounded
quarterly; January 5, 1890, I paid $1361.82 in full settlement. What was the
sum borrowed.
REVIEW EXAMPLES IX INTEREST.
739. L Smith loaned $2400, at 6^ simple interest, until it amounted to
$3000. For what time was the loan made ?
2. At what rate per cent, per annum must $1080 be loaned for 7 yr. 3 mo.
27 da., that it may amount to $1611.35 ?
3. A man invested $16000 in business, and at the end of 3 yr. 3 mo., with
drew $22880, which sum included investment and gains. What yearly per cent.
of interest did his investment pay ?
Jf.. Find the interest of that sum for 11 yr. 8 da., at 10^^, which will, at the
given rate and time, amount to $1715.08.
5. Sold an invoice of crockery on 2 mo. credit; the bill was paid 3 mo. 18 da.
after the date of purchase, with interest, at 8^, by a check for $1963.45. How
much was the interest ?
6. A debt of $7150, dated Mar. 27, 1885, and bearing 6,^ interest, payable
quarterly, was paid in full July 5, 1888. If no previous payments had been
made, how much was due at final settlement ?
7. A man having $21000, invested it in realestate, from which he received a
semiannual income of $787.50. He sold this property at cost and invested the
proceeds in a business which yielded him $472.50 quarterly. How much gi'eater
rate per cent, per annum did he received from the second investment than from
the first.
8. In order to engage in business, I borrowed $3750 at 6^, and kept it until
it amounted to $4571.25. How long did I keep the money ?
9. A bond and mortgage, bearing 8j^ interest, and dated May 1, 1880, was
settled in full Nov. 16, 1888, by the payment of $17685. For what face amount
was the bond and mortgage given ?
10. In wliat time will the interest at 8,^ be threefifths of the principal.
11. What sum will be due Jan. 18, 1892, on a debt of $5100, dated Mar. 17,
1885, bearing interest at 7^ per annum, payable semiannually, if the first five
payments were made when due and no subseciuent payments were made ?
12. A building which cost $10500, rents for $87.50 i)cr month. What annual
rate of interest on his investment does the owner receive, if he pays yearly taxes
amounting to $102.50; insurance, $21.25; repairs, $136.80; and janitor s services,
$56.95?
13. A merchant sold a stock of glassware on one month's credit; the bill
was not paid until 3 mo. 21 da. after it became due, at which time the seller
received a draft for $4716.21 for the bill and interest thereon at the rate of 5^.
Find the selling price of the goods.
22H REVIEW EXAMPLES IN INTEREST.
J4. Oct. 12, 1888, I purchased 2700 bushels of wheat, m $1.05 per bushel,
and afterwards sold it at a profit of Q^, On what date was the wheat sold, if
my gain Avas equivalent to 10^ interest on my investment ?
15. A speculator borrowed $G2oO, at 74^ interest, and with tlie money bought
a note, the face of which was $7500, maturing in nine montlis without interest,
but which was not paid until two years from the date of its purchase. If the
note drew 6^ interest after maturity, did its purchaser gain or lose, and how
much ?
10. I am offered a house that rents for $27 per month, at sucli a price that,
after paying $67.20 taxes, and other yearly expenses amounting to $24.85, my net
income will be Siffc on my investment. What is the price asked for the house ?
17. Having three girls, Grace, Mabel, and Flora, aged respectively 15, 13,
and 2 years, I wisli to invest such a sum for each that she may have $10000
on becoming of age. How mucli cash will be required to secure a 4^j^ compound
interest investment ?
18. I loaned a friend a sum of money for 9 months, at G^ per annum, and
when tlic loan was due he paid $851.50 in cash, Avhich Avas 75,'^ of the amount
due me; the remainder was paid 6 mo. 15 da. later, witli interest at the rate of
10;*. Find the amount paid at final settlement.
10. Deland owns a summer resort valued at $45000, for which he receives,
for a season of 5 months, $2400 rent per month. The year's expenses for taxes,
repairs, and insurances, average $0375. If he sells this property and invests
the proceeds in a manufacturing business paying quarterly $1937.50, how much
will his rate of interest be increased by the change?
20. Having purchased 1150 barrels of pork, at $1G per barrel, on 4 months'
credit, the dealer, 30 days later, sold it at $17.50 per barrel, receiving therefor
a G months' note without interest. When the purchase money became due, he
discounted the note on a basis of 7^, and paid his debt. How much was gained?
21. The day Ealph was 6 years old his father deposited for him in a savings
bank such a sum of money that, at 4^ interest, compounded quarterly, there will
be $7500 to his credit on the day he attains his majority. What sum was
dejjosited?
23. December 11, 1887, a lumber dealer borrowed money and bought shingles
at $4.50 per M.; Sept. 17, 1888, he sold the shingles and paid his debt, and 8^
interest, amounting to $34G2. GO. How numy thousand shingles did he buy?
23. A jobber bouglit GOOO yd. of Axminster carpet, at $2.80 per yard, payable
in 6 months, and immediately sold it at $3.15 per yard, giving a credit of 2
months; at the expiration of tl)e 2 months he anticipated the payment of his
own paper, getting a discount off of lO'^ per annum. How mucli did he gain
by the transaction?
2^. At the age of 25 a lady invested $3000, at 7^ per annum. What will be
her age when the investment, with its interest compounded semiannually,
amounts to $1G754. 78?
2o. Herbert is 10 and Theodore 7 years old. If 7^ compound interest invest
ments can be secured by their father, for what amounts must such investments
be made in order that at tlie age of 21 tiie boys may each have $]2500?
REVIEW EXAMPLES IN" INTEREST. 229
26. If money be worth 7^ compounded annually, which would be better,
and how much, for a capitalist to loan $;25OO0 for 11 years and 6 months, than
to invest it in land that, at the end of the time named, will sell for $55000
above all expenses for taxes ?
27. I loaned a bridge builder 117500 for 7 years, at 10^ per annum, interest
payable quarterly, and took a bond and mortgage to secure the debt and its
interest. Nothing having been paid until the end of the 7 years, how mucli was
required in full settlement?
28. On the 20th of March, 1888, I borrowed $13500, at 5^ interest; on April
5 I loaned $5000 of tlie money until Dec. 20, 1888, at 8^; April 15, I purchased
with tlie remainder a claim for $10000, due Aug. 1, but which, not being paid
at maturity, was extended until the $5000 became due, at the rate of 6^. How
much did I gain, both claims having been paid on the day the loan of $5000
became due?
29. Having bought a mill for $12000, I paid cash $4000 on delivery, and gave
a bond and mortgage for 8 years without interest to secure the balance; to
secure the interest, which was to be paid semiannually, at the rate of 1!^ per
annum, I gave sixteen noninterest bearing notes, without grace, for $280 each,
one maturing at the end of each 6 months for the 8 years. If the four of the
notes first maturing were paid when due, and no other payment was made until
the mortgage became due, how much was required for full settlement?
30. Charles will be 11 years old Dec. 15, 1888, John will be 8 years old July
28, and Walter was 5 years of age April 30. If, on July 1, a 6^ compound
interest investment be made for each, so that at the age of 21 he may have 810000,
what amount of cash will be required, the interest being compounded quarterly?
330 TRUE Discouirr.
TRUE DISCOUNT.
74:0. Discount is an abatement or allowance made from the amount of a
debt, a note, or other obligation, or a deduction from the price of goods for
payment before it is due.
741. The Present "Worth of a debt payable at a future time without interest,
is its value tioic; lience, is such a sum as, being put at simple interest at the legal
rate, will amount to tlie given debt when it becomes due.
74*2. True Discount is the difference between the face of a debt due at a
future lime and its present worth.
Remarks. — 1. To find present vs>rth, apply the principles given in Interest. The debt
corresponding to the amount; the rate per cent, agreed upon to the rate; the time intervening
before the maturity of the debt, to the time; and the present worth, which is the unknown
term, is the principal.
2. When payments are to be made at different times, without interest, find the present worth
of each payment separately, and take their sum.
3. With debts bearing interest, and discounted at the same or at a different rate of interest,
the face of the debt plus its interest as due at maturity becomes the base.
743. To find the Present Worth of a Debt.
Example. — Find the present worth and true discount of a claim for $871.68,
due 2 yr. 3 mo. hence, if money is worth C<^ per annum.
ExPL.VNATiox. — The amount of the debt
,^ at the end of 2 yr. 3 mo. is 871.68; and
Operatiox. , ^ , , . , . „
smce $1 would m that time, at 6 per cent. ,
,133 = int. on $1 for 2 yr, 3 mo. at 6,<. amount to f 1.135, the present worth must
$1,135 = amount " " " " be as many times $1 as $1,135 is contained
$8:i,68  1.135 = $768, present worth. *^™<^^ »° $871.68, or $768. If the face of
*or«i />o «>iao *ir>o cfu i. J i. the debt is $871.68, and its present worth
$871.68 — $768 = $103,68, true discount. . „, ...;„ ,, ' .■ , n .,
' IS only $i68, the true discount will be
$871.68 minus $768, or $103.68.
IXvii^.— Divide the aitvount of the debt, at its maturity, by one dollar
plus its interest for the given time and rate, and the quotient ivill be tlie
present worth; subtract the present ivorth from the amount, and the
remainder irill be the true discount.
KXAMPLKS FOK PRACTICE,
744. 1. What is the present worth of 8661.50, payable in 3 yr, 9 mo.,
discounting at 6,^?
2. Find the present worth and true discount of a debt of $138.50, due in 5
yr. 6 mo. 18 da., if money is worth 7'^ per annum.
3. Find the i)resent worth of a del)t of $1750, $1000 of which is due in 9
mo, and the remainder in 15 mo., money being worth 6^ per annum
EXAMPLES i:^ TRUE DISCOUNT. 231
i. Which is greater, and how mucli, the interest, or the true discount on
^516, due in 1 yr. 8 mo., if money is worth 10$^ per annum?
5. Which is better, and how much, to buy flour at ^6.75 per barrel on 6
months time, or to pay $6 cash, money being Avorth 6^?
6. AVhen money is worth 5^ per annum, which is preferable, to sell a house
for $30,000 cash, or $31,000 due in one year ?
7. A farmer offered to sell a pair of horses for $430 cash, or for $475 dne in
15 months without interest. If money is worth 8^ per annum, how much would
the buyer gain or lose by accepting the latter offer ?
8. If money is worth 6^, what cash offer will be equivalent to an offer of
$1546 for a bill of goods on 90 days credit ?
9. An agent paid $840 cash for a traction engine, and after holding it in
•stock for one year, sold it for $933.80, on eight months' credit. If money is
worth 6^, what was his actual gain ?
10. A stock of moquette carpeting, bought at 81.95 per yard, on 8 months'
credit, was sold on the date of purchase for $1.80 per yard, cash. If money was
worth 6^ per annum, what per cent, of gain or loss did the seller realize ?
11. Marian is now fifteen months old. How much money must be invested
for her, at G^ simple interest, that she may have $15000 of principal and interest
when she celebrates her eighteenth birthday?
12. A thresher is offered a new machine for $480 cash, $500 on 3 months
•credit, or $535 on 1 3'car's credit. Which offer is the most advantageous for
him, and how much better is it than the next best, with money worth 7^?
13. After carrying a stock of silk for 4 months, I sold it at an advance of 30^
on first cost, extending to the purchaser a credit of one year without interest.
If money is worth 5,'^ per annum, what was my per cent, of profit or loss ?
14' Having bought a house for $5048 cash, I at once sold it for $7000, to be
paid in 18 months without interest. If money is worth 8^ per annum, did I
gain or lose, and how much ?
15. Goods to the amount of $510 were sold on 6 months' credit. If the
^selling price was $30 less than the goods cost, and money is worth 6^ per annum,
how much was the loss and the per cent, of loss ?
16. How much must be discounted for the present payment of a debt of
$8741.50, $3000 of which is on credit for 5 mouths; $3000 for 8 months, and
the remainder for 15 months, money being worth 10,^ per annum ?
17. What amount of goods, bought on 6 months time or 5^ off for cash,
must be purchased, in order that they may be sold for $4180, and net the pur
chaser lOj^ profit, he paying cash and getting the agreed discount off?
18. A dealer bought grain to the amount of $3700, on 4 months' credit, and
immediately sold it at an advance of 10^. If from the proceeds of the sale he
paid the present worth of his debt at a rate of discount of S^c per annum, how
much did he gain ?
19. A merchant bought a bill of goods for $3150, on G months' credit, and
the seller offered to discount the bill 5^ for cash. If money is worth 7^,^ per
annum, how much would the merchant gain by accepting the seller's offer.
232 EXAMPLES IN TRUE DISCOUNT.
20. The asking price of a hardware stock is $5460, on which a trade discount
of 25^, 15^, and lOf^ is offered, and a credit of 90 days on the selling price. If"
money is worth 5^'^, what should be discounted for the payment of the bill ten
days after its purchase ?
21. A merchant sold a bill of goods for $1800, payable without interest in
three equal payments, in 3 months, 6 months, and 9 months respectively. If
money is worth 5^ per annum, how much cash would be required for full settle
ment on the date of purchase ?
22. A stationer bought a stock worth $768, at a discount of 25^ on the
amount of his bill, and ^'fc on the remainder for cash payment. He at once sold
the stock on 4 months' time, at lOj:^ in advance of the price at which it was billed
to him. How much will the stationer gain if his purchaser discount his bill on
the date of purchase by true present worth, at the rate of 7^ per annum ?
23. I sold my farm for $10,000, the terms being onefifth cash, and the
remainder in four equal semiannual payments, with simple interest at 5^ on
each from date; three months later the purchaser settled in full by paying with
cash the present worth of the deferred payments, on a basis of lOj^ per annum
for the use of the money. How much cash did I receive in all ?
2J^. What amount of goods, bought on 4 months' time, lO,'^ off if paid in 1
month, hi) off if paid in 2 months, must be purchased, in order that they may
be sold for $11480, and \ the stock net a profit of 15^ and the remainder a
profit of 20j^ to the purchaser, if he cashes his purchase within 1 month and
gets the agreed discount off ?
BANK DISCOUNT. 233
BANK DISCOUNT.
745. A Bauk is a corporation chartered by law for the receiving and loaning
of money, for facilitating its transmission from one place to another ])y means
of checks, drafts, or bills of exchange, and, in case of banks of issue, for
furnishing a paper circulation.
Remark. — Some banks perform only a part of the functions above mentioned,
746. Negotiable Paper commonly includes all orders and promises for the
payment of money, the property interest in which may be negotiated or trans
ferred by indorsement and delivery, or by either of those acts.
747. Bank Discount is a deduction from the sum due upon a negotiable
paper at its maturity, for the cashing or buying of such paper before it becomes
due.
748. The Proceeds of a Note or other negotiable paper is the part paid to
the one discounting it, and is equal to the face of the note, less the discount.
Remark. — In trve discount, the present worth is taken as the principal ; in hank discount
the future worth is taken as the principal.
749. The Face of a Note is the sum for which it is given.
750. The Discount may be a fixed sum, but is usually the interest at the
legal rate, and taken in advance.
751. The Time in bank discount is always the number of da3's from the date
of discounting to the date of maturity.
752. The Term of Discount is tlie time the note has to run after being
discounted.
Remark. — Bank discount is usually reckoned on a basis of 360 days for a year.
753. A Promissory Note is a written, or partly written and partly printed,
agreement to pay a certain sum of money, either on demand or at a specified time.
Remark. — In general, notes discounted at banks do not bear interest. If the note be interest
bearing, the discount will be reckoned on and deducted from the amount due at maturity.
754. Days of Grace are the three days usually allowed by law for the
payment of a note, after the expiration of the time specified in the note.
755. The Maturity of a note is the expiration of the days of grace; a note
is due at maturity.
Remarks.— 1. Notes containing an interest clause will bear interest from date to maturity,
unless other time be specified.
2. Noninterest bearing notes become interest bearing if not paid at maturity.
3. The maturity of a note or draft is indicated by using a short vertical line, with the date
on which the note or draft is nominally due on the left, and the date of maturity on the right;
thus, Oct. 21/24.
234 GENERAL BEMARK3 ON COMMERCIAL PAPER.
756. The Talue of a note at its maturity is its face, if it does not bear
interest; if the note is given with interest, its value at maturity is the face plus
the interest for the time and grace.
Re^iarks. — 1. Grace is given on all negotiable time paper unless " mthout grace" he speci&ed.
2. In some States, as Minnesota, Pennsylvania, and others, drafts drawn payable at sight are
entitled to days of grace, and should be accepted in the same form as time drafts; while in such
States drafts payable on demand have no days of grace, and like the sight drafts of most of the
States, are dishonored if not paid on demand. Other States, as New Jersey and Pennsylvania,
have statutory requirements as to the phraseology of the note; as to include the phrase "with
out defalcation or discount," etc. In such matters State laws should be observed.
757. Notes given for months, have their maturity determined by adding to
their date the full months, regardless of the number of days thereby included,
and also the three days of grace.
758. Xotes given for days have their maturity determined by counting on
from their date the expressed time, plus three days of grace. This is done
regardless of the number of months compassed by the days so counted.
759. In some States, the bank custom is to take discount for both the day
of discount and the day of maturity, which is excessive.
Rejiarks. — 1. In general, the laws of the different States provide that, if a note matures on
Sunday, it shall be paid on Saturday; if Saturday be a legal holiday, then the note shall be paid
on Friday; but the laws of different States vary, and should be carefully studied and fully
observed, in order to hold contingent parties responsible.
2. Notes maturing on a legal holiday must be paid on the day previous, if the legal holiday
occurs on Monday, payment must be made on the preceding Saturday.
760. Banks, in many of the larger cities, loan money on collateral securities,
such as stocks, bonds, warehouse receipts, etc. Sucli loans, being made payable
on demand, or on one day's notice, are termed " call loans" or '* demand loans."
On such the interest is usually paid at the end of the time.
Remark. — Variations in practice among banks, and at the same bank with different patrons,
are very common and subject to no rule of law.
GENERAL REMARKS ON COMMERCIAL PAPER.
761. Conimercial, or Negotiable Paper, includes promissory notes,
drafts, or bills of exchange, checks, and bank bills, warehouse receipts, and
certain other evidences of indebtedness; but notes and time drafts are the only
two kinds entering largely into the operations of bank discount.
762. If there is no admixture of fraud in the transaction, any negotiable
paper may be bought and sold at any price agreed upon by the parties, and the
purchaser thus have full right of recovery.
763. The purchaser of a negotiable pajier is protected in his right of recovery
of its amount agamst all original and contingent parties thereto, if he can show
three conditions :
1st. That he gave value for the paper.
GENERAL BEMARKS OX COMMERCIAL PAPER. 235
2d. That he bought it before its m<aturity.
3cl. That he did not, at the time of its purchase, know of the existence of any
claim or condition affecting its validity.
764. Indorsements are made on notes for three purposes:
1st. To secure their payment.
2d. To effect their transfer.
3d. To make a memorandum of a partial payment.
765. Persons indorsing for security or transfer are liable for the payment of
the paper indorsed, unless the holder of the paper fails to demand payment of its
maker at maturity, and, in case of its nonpayment, gives the indorser or indors
ers, within a reasonable time, notice of its dishonor by the maker.
766. If the dishonored paper be foreign — /. e., the parties to it being of
different states or countries — to hold contingent parties, a formal notarial pro
test, mailed to the indorsers, is required by the laws of most States; but a verbal
or other informal notice of dishonor is sufficient if the paper is domestic.
767. No demand notice or protest is necessary to hold the maker; he, being
a principal debtor, is only released from his obligation by the outlawing of the
note, or by his i)ayment of it.
768. A Protest is a written, or partly written and partly printed, statement,
made by a notary public, giving legal notice to the maker and indorsers of a note
of its nonpayment.
769. The laws governing negotiable paper are not uniform throughout the
United States, and a careful observance of the laws of all the States wherein one
does business is necessary to avoid risks of loss.
770. It is lawful to compute and take interest for all three of the days of
^race, althougli the debtor may thus lose the interest for one or two days by the
fact that the note matures on Sunday or on a legal holiday.
771. Interest charges for time of transfer of notes to distant places for
demand, and for the return of the remittance therefor, is a matter wholly of
custom with banks, as is also an added charge or fee for services in relation to
such demand and remittance.
772. Patrons of good standing at banks are often given credit for the face
of interest bearing notes discounted.
773. AVhen a note is discounted at a bank, the payee indorses it, thus making
it j)ayable to the bank; both maker and payee are then responsible to the bank
for its payment.
774. Indorsements for transfer are at the same time indorsements for surety,
unless made "without recourse."
775. Negotiable i)apers may be transferred:
1st. By indorsement in full — i. e., by the payee writing on the back of the
note, in substance, as follows: "Pay to the order of John Doe, Richard Roe"
236 EXAMPLES IN BANK DISCOIXT.
( payee ). lu which event Doe becomes the legal owner of the note, and possesses
a right to receive payment on it, or, in case of its nonpayment at maturity, to
sue and recover from the maker; and if he follows tlie statute law of the State
as to demand and notice, he may recover, either jointly or severally, from either
the maker, or from Roe, the indorser, as such indorser is also a surety.
2d. By indorsement " in blank '' — i. e., by the payee writing, on the back of
the note, simply his name. After this is done, the holder is presumed to be the
owner, and he may, in case of default, recover by suit from the maker; and it
he observes the requirement of the law of the place, he may also hold the indorser,
as such indorser becomes a surety.
3d. By indorsement "without recourse'' — i. e., by the payee writing, on the
back of the note, in substance, ''Pay John Doe, or order, without recourse to
me, Richard Roe'' (payee); or by writing simply '• Without recourse, Richard
Roe." A note so indorsed is fully transferred from the payee, but he rests under
no obligation as to its payment.
776. The corresponding terms of Bank Discount and Percentage are as
follows :
The Face of the note = the Base.
The Rate Per Cent. = the Rate.
The Bank Discount = the Percentage.
777.— To find the Discount and Proceeds, the Face of a Note, Time, and Rate
Per Cent, of Discount, being given.
Example. — Find the bank discount and proceeds of a note for 1580, due in
63 days, at 6^.
ExPLVNATios. — The bank discount of a note being its inter
Operation. ggj Jqj. jjjg {jjjjg piiig grace, and the proceeds being the face of
$580.00 =: face. ^ °^^^ minus the bank discount, it is only necessary to compute
n /,(v y ^ /.o ^ the interest on the face for ihafull time to obtain the discount,
!^ " ' and to subtract such discount from the face to find the proceeds;
$573.91 = proceeds. thus, $6.09 being the discount, $580, minus $6.09, equals.
$573.91, proceeds.
YiuXe.— Compute the interest for the time and rate, for the hank discount;
and subtract this bank discount from the face of the note, to find the pro
ceeds.
Remakk. — If the note is on interest, find the discount on the amount of the note at maturity.
KXAMPLKS FOK PKACTICK.
778. 1. Find the ])ank discount and i)roceeds of a note for $750, due in 90
days, at 5^.
2. Find the bank discount and ])roceeds of a note for $286.50, due in 30
days, at 7^.
3. Find the bank discount and proceeds of a note for $1325, due in 60 days,
at \(H.
EXAMPLES IN BANK DISCOUNT, 237
4. What is the discount on a note for $1000, discounted at a bank for 23
days, at 1^ ?
f^. What are the proceeds of a 90day note for $1000, discounted at a bank
at m ?
6. I paid in cash $950 for an engine, and sold it the same day for $975,
taking a 60day note, which I discounted at a bank at 8,^. What was my gain
of loss ?
7. Find tlio bank discount and proceeds of a note for $1240, dated Sept. 3,
1888, i)ayable in 4 months, with interest at 6^, and discounted Nov. 1, 1888, at
the same rate.
8. What are the proceeds of a note for $1750, due in 63 days, bearing interest
at 10^, and discounted at a bank at the same rate ?
9. Find the maturity, tefm of discount, and proceeds of the following note:
^286.00. Buffalo, N.Y., Oct. 25, 1888.
Three months after date, 1 promise to pay to the order of Smith & Bro., Two
Hundred Eightysix Dollars, at the Erie County National Bank.
Value received. THOMAS BROWN, JR.
Discounted Jan. 1, 1889, at 6<.
10. Find the maturity, term of discount, and proceeds of the following note:
$800.00. Cleveland, 0., Jan. 31, 1888.
One month after date, without grace, we promise to pay to the order of Hale £
Bly, Eight Hundred Dollars, with interest at 5 per cent.
Value received. HART & COLE.
Discounted Feb. 10, 1888, at 10^.
11. Find tlic maturity, term of discount, and proceeds of the following note:
$660.90. Albany, N. Y., May 5, 1888.
Ninety days after date, I promise to pay to the order of H. H. Douglas, Six
Hundred Sixty and ^W Dollars, toith interest.
Value received. CLAYTON S. METERS.
Discounted June 1, 1888, at 5^.
12. Find the maturity, term of discount, and proceeds of the following note:
$2^00.00. St. Paul, Minn., Aug. 31, 1888.
Six months after date, we promise to pay to the order of John W. Bell, Two
Thousand Four Hundred Dollars, with interest at 8 per cent, after one month.
Value received. OLIVER d JONES.
Discounted Sept. 5, 1888, at 8^.
Remarks.— 1. If discount be required on a basis of 365 days for the year, compute the
■discount first on a basis of 360 days, and from the discount so obtained, subtract ^ of itself.
2. The following three examples are to be worked on a discount basis of 365 days.
13. Paul Harmon's ])ank account is overdrawn $3596.11 ; he now discounts,
at Q^ : a 90day iu)te for $450 ; a 60day note for $1754.81 ; a 30day note for
$851.95 ; a 20day note for $345.25 ; a 10day note for $100; proceeds of all to
his credit at the bank. What is the condition of his bank account after he
receives these credits ?
238 EXAMPLES IN BANK DISCOTXT.
H. Swick & Sons' bank account is overdrawn $11540.19; they now discount,
at d'i : a 90davnote for l39T5.:il; a 60day note for $5514.25; a 30day note for
$1546.19; a 20day note for $2546.85; proceeds of all to their credit at the bank.
What is the condition of their bank account after they receive credit as above?
15. Philo Perkins & Co.'s bank account is overdrawn $12,916.47 ; they now
discount, at 6^: a 90day note for $2428.40; a GOday note for $6311.25; a 30day
note for $1120.50; a 26day note for $4500; a 10day note for $1550.50; Pro
ceeds of all to their credit at the bank. What is the condition of their bank
account after they receive the above credits ?
779. To find the Face of a Note, the Proceeds, Time, and Rate Per Cent, of
Discount, being given.
Example. — What must be the face of a note, payable in 60 days, that, when
discounted at 6^<, the proceeds may be $573.91 ?
Operation. Explanatiox. — If the discount of $1, at
*,i r,n ^ J L i d.1 6 per cent., for 63 days, is $.0105, the pro
$1.00 = face of note of $1. *^, , ., , ,, / ; , , ' , .
ceeds of f 1 of the note would be $1 minus
•Q^Q5 = <^'S ^^ ^0*^6 of $1. QiQ5^ or I 9895 . and if the proceeds of *1
$ .9895 = proceeds of note of $1. are .9H95, it would require as many dollars
face of note to give $573.91 proceeds as
$573.91 f .9895 = $580, face required. $.9895 are contained times in $573.91, or
$580.
Rule. — Divide the proceeds of the note by the proceeds of one dollar
for the given rate and tiDie.
Remark. — If the note be interestbearing, find the proceeds of one doUar of such note, and
proceed as above.
EXAMPLES FOR PRACTICE.
780. i. Whut must be the face of a OOday note that will give $315.04 pro
ceeds, when discounted at 6^ ?
S. What face of a 30day note, discounted at 7f^, will give $1241.98 proceeds ?
3. Wishinor to borrow $000 of a bank, for what sum must mv 90dav note be
drawn, to obtain the required amount, discount being at lO,'^ ?
4. Having bought goods to the amount of $2431.80 cash, I gave my 60day
note in settlement. If discount be at 7^^, what should have been the face of
the note ?
5. What must be the face of a note dated Aug. 16, 1888, and payable 6
months after date, that when discounted at a bank Oci. 1, 1888, at 6^*^, it will
bring $2100.55 proceeds ?
6. A note dated Sept. 1, 1888, payable in 90 days, with interest at 7^*?, was
discounted 21 days afterdate, at lOf^. If the proceeds were $690.42, what must
have been the face ?
7. You have $328.40 to your credit at the bank; you give your check for
$936.20, after wliich you discount a 30day note for $425.40, proceeds to your
crertit at the bank; you also discount a 90day note made by 11. C. Davis, pro
ceeds to your eredit; you now find yourself indebted to the bank $12.37. If
discount be at 6^ what must have been the face of the Davis note ?
PARTIAL PAYMENTS* 239
PARTIAL PAYMENTS.
781. A Partial Payment is a part payment of the amount of a note,
mortgage, or other obligation existing at the time such jmyment is made.
782. Part payments, or payments, are usually acknowledged, and should
always be by indorsement on the back of the note or other obligation, but some
times special receipts are given for the sums paid. Indorsements should give
date and state amount paid; they are then equivalent to receipts.
783. Partial payments may apply to obligations, either before or after their
maturity.
784. A debtor, his attorney, or other authorized agent, may make a payment
either partial or in full of any obligation, and such payment may be received
and receipted for by the creditor, his attorney, authorized agent, or even by one
not authorized, if such a person occupies his place and is so apparently his agent
as to deceive a debtor making a payment in good faith.
785. Various rules are in use for finding the balance due on claims on which
partial payments have been made ; but only the United States Pule and the
Merchants' Eule have more than local application.
786. The United States Rule is very generally used. It has the sanction
of the law, being the rule adopted by the Supreme Court of the United States,
and has been adopted by most of the States.
Remarks. — 1. It was held by the Supreme Court of the United States, in its decision adopting
or making the abovementioned rule, that the payment should firet be applied to cancel the
interest ; that what is left, if anything, after paying the interest, should be used to diminish
the principal. In case the payment is not large enough to cancel the interest, it fails of its
object, and is to be passed as directed by the rule.
2. If at the time of the making of a partial payment of a debt, the debtor renew his obliga
tion by taking up the old note or bond, and giving a nac one bearing interest for the unpaid
part cf his debt, no taint of usury can be shown affecting the validity of the new note, even
though it may be clearly shown that a payment credited was less than the interest due at the
time such payment was made.
787. Principles. — 1. Paxjments must he applied, first, to tlie discharge
of accrued interest, and then the remainder, if any, toward the discharge of the
principal.
2. Only unpaid principal can draiv interest.
788. The Merchants' Rule is used by most banks and business houses,
where computations are on sliort time obligations, as such rule is regarded as
the most convenient for business purposes.
Remakk. — The merchants' rule is varied in its use by different creditors, and hence is
rather more an agreement, founded upon custom or otherwise, between debtor and creditor as
to mode of settlement, than a strict rule of law.
240 EXAMPLES IN PARTIAL PAYMENTS.
789. United States Rule for Partial Payments.
Remark. — Settleuieiits by this rule are made as follows :
ExAMPLE.^A note, tlie face of wliieh was $3600, bearing interest at 6^, was
given Oct. 17, 1884, and settled Feb. 14, 1889. Find the balance due, the
following payments having been made: Mar. 3, 1885, $600; Oct. 25, 1886, $1000;
Dec. 6, 1888, $2400.
Opeuatiox and Explanation.
Kemakk. — Find the time hy compound subtraction.
Face of note 13600.00
Interest to date of first payment (4 mo. 16 da. ) 81.60
Amount of principal and interest at time of first payment $3681.60
First payment (of Mar. 3, 1885) 600.00
Remainder after deducting first payment $3081. 60
Interest to date of second payment (1 yr. 7 mo. 22 da. ) 304.05
Amount due at time of eecond payment — $3385.65
Second payment (of Oct. 25, 1886) 1000.00
Remainder after deducting second payment $2385. 65
Interest to date of third payment (2 yr. 1 mo. 11 da.) 302.58
Amount due at time of third payment $2688.23
Third payment (of Dec. 6, 1888) 2400.00
Remainder after deducting third payment. $288.23
Interest to time of settlement (2 mo. 8 da.) 3.27
Balance due at time of settlement (Feb. 14, 1889) $291.50
Rule. — Find the amount of the principal to the time ivhen tlie pay
ment, or the sum of the payments, shall equal or exceed the interest then
due; from this amount deduct the payment or payments made; and
ivith the remainder as a new principal, proceed as before, to the time of
settlement.
EXAMPLES FOR PRACTICE.
790. 1. On a loan of $2000, made Mar. 19, 1884, and bearing 6^ interest,
payments were made as follows: Nov. 1, 1885, $500 ; May 3, 1887, $700 ; Feb.
1, 1888, $1000. How much will be required for settlement in full. Mar. 2, 1888?
2. Oct. 1, 1885, a note for $1000 was given, payable in 4 years, with 6^ inter
est. A payment of $50 was made 1 yr. from date; a payment of $250 Avas made
1 yr. 6 mo. from date; a payment of $224 was made 2 yr. from date; a payment
of $20 was made 2 yr. 8 mo. from date ; a payment of $110 was made 2 yr. 10
mo. from date. IIow much remained due at the maturity of the note ?
3. On a claim for $3000, dated Aug. 12, 1885, and bearing interest at 7^,
payments were made as follows: Dec. 15, 1885, $30; Apr. 1, 1886, $550; Jan.
20, 1887, $85; June 12, 1887, $1651.50. IIow much was due May 30, 1888 ?
Jf. I gave a mortgage for $10000, May 9, 1881, bearing Q<fo interest, and
made thereon the following payments: Sept. 19, 1881, $500; Jan. 1, 1883, $500;
Apr. 25, 1883, $4000; Oct. 15, 1885, ?4000; May 1, 1888, $3525. How much
was due iit final Gettlement, June 2, 1888 ?
EXAMPLES IN PARTIAL PAYMENTS. 241
5. The following note was settled Oct. 13, 1888 ; a payment of %'lh having
been made Feb. 15, 1887 ; one of $300, July 12, 1887 ; and one of 1200, Apr. 1,
1888. If money be worth 8^, how much was due at final settlement ?
^585.60. Elmira, N.Y., Aug. 1, 1886.
Six months after date, I promise to pay to James H. Kingshiry, or order, Five
Hundred Eightyfive and jW Dollars, value received.
SIMEON G. FREEMAIf.
6. On a mortgage for 15500, dated Aug. 13, 1882, and bearing 6^ interest,
the following payments were made: Jan. 1, 1883, $100; Mar. 2, 1883, 125; Aug.
13, 1885, $2500 ; Dec. 19, 1887, $2500 ; Mar. 1, 1889, $500. How much was
required for full settlement. Mar. 11, 1889 ?
7. On the following note payments were endorsed as follows: Nov. 3, 1886,
$60 ; Mar. 16, 1887, $50; Oct. 1* 1887, $50; Dec. 30, 1887, $1000; Apr. 1, 1888,
^625. How much was due, if paid in full May 8, 1888, money being worth 6^ ?
41600.00, Daijton, Ohio, Apr. 1, 1886.
Three years after date, I promise to p)ay to the order of Silas Hopkins, One
Tltousand Six Hundred Dollars, value received, ■with use.
PETER S. BRYANT.
8. On the following note indorsements were made as follows: Aug. 1, 1883,
•$350; Nov. 3, 1883, $1000; Mar. 20, 1885, $600; Mar. 31, 1885, $2500; Dec. 11,
1888, $2000. What was the balance due Jan. 30, 1889 ?
46500.00. Chicago, III, Mar. 19, 1882.
On demand, tve promise to pay to the order of Ames <& Adams, Six Thousand
Five Hundred Dollars, ivith interest at 6 per cent.
Value received. HVRB d HOUGHTON.
791. Merchants' Rule for Partial Payments.
Example. — Find the balance due Oct. 13, 1888, on a note for $1500, dated
July 1, 1887, bearing %<;i interest, and on which the following payments had
been made: Oct. 1, 1887, $300; Feb. 12, 1888, $420; June 13, 1888, $700.
Operation and Explanation.
Remakk. — Find the time by compound subtraction.
Face of note, dated July 1, 1887  $1500.00
Interest to date of settlement (1 yr. 3 mo. 12 d.).. 115.50
Amount of note at date of settlement. $1615.50
First payment (of Oct. 1, 1887) f. $300.00
Interest of first i)ayment to date of settlement (1 yr. 12 da.).. 18.60
Second payment (of Feb. 12, 1888)... 420.00
Interest on second payment to date of settlement (8 mo. 1 da. ) . . 16.87
Third payment (of June 13, 1888) 700.00
Interest on third payment to date of settlement (4 mo.) 14.00
Total amount of the payments. $1469.47
Balance due $146.03
16
242 EXAMPLES IN PARTIAL PAYMENTS.
Rule. — Find the amoiuit of the principal to the tirne of settleithent :
also find the amount of each payment, from the time it was made to
the time of settlement; siibtra,ct the sum of the payments from the
amount of the principal debt; the remainder will he the halance due.
Remabk. — This rule is maiuly used in case of short notes or business accounts.
KXAMPLES FOK PRACTICE.
792. 1. What is the bahiuee due, Apr. 27, 1889, on a note for $1050, dated
Jan. 24, 1888, bearing ''t't interest, if the following indorsements were made
thereon : July 1, 1888, $150; Oct. 15, 1888, $400; Jan. 21, 1889, $300; Mar.
27, 1889, $60.
2. Find the bahinee due at the maturity of the following note, payments
having been made as follows: Apr. 1, 1888, $500; Aug. 25, 1888, $1250; Nov. 3^
1888, $240; Dec. 30, 1888, $300; Feb. 1, 1889, $200.
$3000.00. St. Louis, Mo., Dec. 3, 1887.
Eighteen months after date, I promise to pay to the order of Ezra R. Andrews^
Three Tliotisand Dollars, with interest at 5 per cent.
Value received. GEO. J. BEATER.
3. How much was due at the maturity of the following note, payments hav
ing been made as follows : Sept. 11, 1888, $75 ; Sept. 19, 1888, $225 ; Sept. 26,
1888, S159; Oct. 1, 1888, $155.
$650.00. Wichita, Kan., Sept. 6, 1888.
Thirty days after date, I promise to pay to Gideon Piatt & Co., Six Hundred
and Fifty Dollars, with i?iterest at 10 per cent.
Value received. BENJ. F. COLEMAN.
4. Find the balance due on the following note, payments having been made
as follows: May 28, 1888, $255.50; June 13, 1888, $168.41; Aug. 31, 1888,
$50 ; Oct. 30, 1888, $500 ; Nov. 1, 1888, $684.25.
$2150.00. Denver, Colo., May 1, 1888.
Six months afterdate, toe promise to pay to the order of Wm. H. Sanford, Two
Thousand One Hundred Fifty Dollars, loith interest at 8 per cent.
Value received. MARTIN F. RIONET
RICHARD M. PECK.
EQUATIOIvr OF ACCOUNTS, 243
EQUATION OF ACCOUNTS.
793. Equation of Accounts, or Equation of Payments (called also
Averaging Accomits or Averaging Payments), is the process of findiug the date
on v.'hich a single payment can be made of two or more debts falling due at
different dates, or when the balance of an account having both debits and credits
can be paid without loss of interest to either party.
794. Accounts having entries on but one side, either debit or credit, are
appropriately called simple accounts, and the process of equating such accounts
may be called Simple Equation.
795. Accounts having both debit and credit items may likewise be called
compound accounts, and the process of equating sucli accounts may be called
Compound Equation.
796. The Ayerage Date of Payment, or Due Date, is the date on which
such i)ayment or settlement nuiy be equitably made; called also the Equated Time.
797. The Focal Date is any assumed date of settlement, with which the
dates of the several accounts are compared for the purpose of finding the average
time or due date.
Remarks. — 1. Any date conceivable may be taken as a focal date, and interest may be
computed at any rate per cent., and either on a common cr exact basis, without varying the
result; providing only that the dates of all items be compared with such focal date, and
uniformity in rate and manner of computing interest be observed throughout.
2. In practice it is vastlj^ better to observe a simple method, by assuming the latest date in
the account as a focal date, computing all interest at 6;; by the short method, ou a 360 day basis.
3. The importance of uniformity, simplicity, accuracy, and rapidity in the equation of
payments and accounts is such as to justify the use and repetition of the above suggestions as a
General Rule.— //^ all equations, extend time if credit or time paper
he involved; select the latest date as « focal date, find actual time in
days, and compute interest at 6 per cent., on a 360 day basis.
798. The Term of Credit is the time to elapse before a debt becomes due;
if given in days, it is counted on from the date of purchase or sale the exact
number of days of the term; if given in months, it is counted on the number of
months, regardless of the number of days thus included.
Remarks. — 1. Book accounts bear legal interest after they become due, and notes, even if
not containing an interest clause, bear interest after maturity.
2. The importance of a thorough knowledge of both the theory and practice of Equation
of Accounts, on the part of bookkeepers and accountants, can hardly be overrated, a.s much of
this class of work is to be found in every wholesale and commission business.
799. The equity of a settlement of an account by equation rests in the fact
that, by a review of such account, one of the parties owes the other a balance to
"244 EQUATION OF ACCOUNTS.
which certain interest should be added or from which certain interest (discount)
should be subtracted.
800. To find the Equated Time, when the Items are all Debits or all Credits
and have no Terms of Credit.
Example. — When does the (face) amount of the following account become
due by equation?
Peter Dunn, Directioks. — l. Take Nov 1 as the focal date.
^ T, 1 , o /I \ ^^ n 2. Find the exact time in days from the date of
To Robt. S. Cam]>bell, Dr. , ., . .. , , ^ .
* each Item to the focal date.
^^^° 3 Compute interest at 6 percent., 360 day basis,
Sept. 5. To Mdse. ^60 on each item for its time.
''26. " " 100 4. Find the total of interest
Qq^ 8. ** *' • 200 ^ I^i^'ide the total interest by the interest on the
Xov 1 " '' 1"^0 ^^^ amount for one day; the quotient will be tLe
1 average time in days.
$480 6. Count back from the focal date the number of
days average time thus found
Remark.— Compute interest by rules on page 217.
Operation. Explanation. — Assume Nov 1 as a focal date,
1888. Items. Time. Int. and reason as follows: If, on Nov. 1, Dunn pays
Sept. 5. $ 60 X 57 = # .57 Campbell the $120 due on that day, there will be no
" 26. 100 X 36 = .60 interest charged, because that item was paid when it
Oct 8 "^00 X 24 =: 80 became due. If, on Nov. 1, Dunn pays Campbell
"V ' 1 1 '>n N/ no ^^^ ^~^^ ^^^^ ^^^ heen due since Oct. 8, he should pay
— — — — interest also for the 24 days between Oct. 8, when
$480 $1.97 that item became due, and Nov. 1, when, as we have
Int. on $480 for 1 day = $ .08 assumed, it was paid, or he should pay, or be charged
41 Q* _i_ OR 04.4 or 25 dav with, $.80 interest If, on Nov. 1, Dunn pays the
.~ ^ ^ 11* $100 due Sept. 26, he should pay interest also for the
the average time; 2o days back ^ ^^^.^ ^0^^.^^^ g^pt og ^^d Nov. 1, or $ . 60. If, on
from Nov. 1 is Oct. 7. Nov. 1, Dunn pays the $60 due Sept. 5, he should pay
interest also on that item from its date to Nov. 1, or for 57 days, or $.57 Now, on Nov. 1,
Dunn owes Campbell not only the $480, the total face amount of the debt, but also $1.97
interest; and if a cash balance were reciuired Nov. 1, Dunn would owe $481.97.
But the question was not, what is the cash balance due Nov. 1, but when was the $480, the
face amount of the account, due; that is, from what date should such face amount draw
interest, in order that neither party gain or lose.
Now observe that we have the principal, $480, the interest as found, $1.97, and the rate as
assumed and used, 6 per cent., to find the time. The interest on $480 for 1 day is $ 08.
Since it takes the principal 1 day to accumulate $ .08, it must have taken it as many days to
accumulate $1.97 — or the account was due as many days back from Nov. 1, the focal date — as
$.08 is contained times in $1.97, or 25 days. Count back 25 days from Nov. 1, 18S8, and
obtain Oct. 7, 1888, the equated date of payment, or the date on which Dunn could pay Campbell
$480, the face of the debt, •without loss of interest to either party.
Again: the same example solved, when assuming Sept. 5, the earliest date, as a
focal date, or by the discount method.
Remark. — Explanations like the following are based upon a settlement of accounts, none
of which are due at the date of settlement or adjustment, as in case of the giving of an interest
bearin" note or bond for the equitable amount due, or for anticipating the payments of debts,
thus requiring a cash balance.
Operation.
1888.
Items. Time. Disct.
Sept. 5.
$ 60 X = $.00
" 26.
100x21= .35
Oct. 8.
200 X 33= 1.10
Nov. 1.
120 X 57 = 1.14
$480 $2.59
EQUATION^ OF ACCOUNTS. 245
Explanation. — Assume the earliest date (Sept. 5)
as the focal date, and reason as follows: If, on Sept.
5, Dunn pays the $GOdue on that date, he will neither
have to pay interest on it nor be allowed discount;
but if, on Sept. 5, he pays the $100 due Sept. 2G, he
should be allowed discount oa that item for the 21
days between Sept. 5 and Sept. 26, or $ .35 discount.
If, on Sept. 5, ue pays the 200 not due until Oct. 8.
he should be allowed discount on that item for the 33 days between Sept. 5 and Oct. 8, or
$1.10 discount; and if, on Sept. 5, he pays the $120 not due until Nov. 1, he should be allowed
discount on that item for the 57 days between Sept. 5 and Nov. 1, or $1.14 discount. There"
fore, assuming Sept. 5 as the date of .settlement, Dunn does not owe on that date the face amount
of the account, but such amount, $480, less the amount of the above discounts, $2.59, or really a
cash balance of $480, minus $2.59, or $477.41. But the question is not, what was the cash
balance Sept. 5, but on what date would the payment of the face amount, $480, have been
equitable? We have thus a condition similar to that found in the first operation, viz.: the
principal, $480, the rate, 6 per cent., and the discount (interest) given, to find the time; and,
as before, divide the discount by the discount on the principal for 1 day, and the quotient, 32,
will be the average time in days. And reason, in conclusion, that from Sept. 5 Dunn is
entitled to retain the face amount of his debt, $480, for 32 days, or until it has accumulated
$2.59 interest in his hands; or, in other words, in equity, he should pay such amount 32 days
after Sept. 5, or Oct. 7.
Again: same example, explained with an intermediate date (Oct. 1) assumed
as a focal date.
Opebatiok.
Interest on $60 from Sept. 5 to Oct. 1, 26 days = $.26
Interest on $100 from Sept. 26 to Oct. 1, 5 days = .0833 +
Total interest, . . . . $.3433 +
Discount CM $200 from Oct. 8 back to Oct. 1, 7 days = $.2333 +
Discount on $120 from Nov. 1 back to Oct. 1, 31 days = .62
Total discount, . . . . $.8533 +
.8533H .3433+ = $.51, excess of discount. $.51 ^' .08 = 6 days.
Oct. 1 + 6 days = Oct. 7.
Explanation.— Assume Oct. 1 as the focal date, and reason as follows; If, on Oct. 1, Dunn
pays the $60 due Sept. 5, he should also pay interest on that item for the 26 days between Sept.
5, when it became due, and Oct. 1, when it was (assumed to have been) paid, or he should
pay or be charged with $.20 interest. If, on Oct. 1, he pays the $100 due on Sept. 26, he
should also pay interest ou that item for the 5 days between Sept. 26, when it became due,
and Oct. 1, when it was (assumed to have been) paid, or he should pay $ .0833j interest; thus
we have a total interest charge against him of $ .3433+ on the two items of his account not
paid until after they were due. But if, on Oct. 1, he pays the $200 not due until Oct. 8, he
should be allowed a discount for the 7 days between Oct. 8, when it became due. and Oct. 1,
when it was paid, or he should be allowed a discount of $ .23334 on that item; and if, ou Oct.
1, he pays the $120 not due until Nov. 1, he should be allowed a discount on that item for the 31
days between Nov. 1, when it became due, and Oct. 1, when it was paid, or he should be allowed
a discount of $ .62. Thus we have a total discount to be allowed him of $ .8533+ off from
the two items of his account which he paid before they were due. The ditference between
the amount of interest charged to him, $ .3433+, and the amount of discount for which he
is given credit, $.8533+, is $.51, an excess of discount, showing that at the date assumed
246 EQUATION OF ACCOUNTS.
(Oct. 1) he does not owe the face amount of the account, $480. but $480, the face amount, less
$ .5] discount, or only $479.49, which .sum is the cash balance duo on that date (Oct. 1). But
since, as before, the question is not as to the cash balance, but is the date on which equitable
settlement could have been effected by the payment of the face amount of the account, $480,
we have, as before, the principal, rate, and discount (interest) given, to find the time. Divide
the discount, $.51 by $.08, and tind Dunn to be entitled to withhold or delay the payment
of the $480 until it accumulates $ .ol interest (discount) in his hands, or that he keep the $480
for 6 days after Oct. 1, thereby in equity paying it on Oct. 7, as already twice shown.
Remarks. — 1. The above explanation is given in addition to the former two, in order to
illustrate that aut/ date may be used as a focal date, and for the object of aiding the teacher in
imparting to the pupil a full understanding of the underlying principles iifvolved, and it gives
added assurance that the solutions before given led to a correct result. yelnot»«<' of them, nor
all of them taken together, can be accepted as being anything beyond aMurances. Tliey are
not proofs.
2. If settlement on Oct. 7 be equitable, the interest on such of the accounts &s fall due
before that date must be offset or balanced hy the discount (interest) of such of the accounts as
fall due after that date, to within less than onehalf of the interest (discount) of the face amount
of the account for one day; otherwise the due date as determined would be proven wrong.
Proof. — Oct. 7 a.s a focal date.
Explanation. — Assume Oct. 7 as a focal date,
and reason as follows. If, on Oct. 7, Dunn pays
the $60 due Sept. 5, he should pay interest also
on that item for the 32 days between Sept. 5 and
Oct. 7, or ^.32 interest; and if, on Oct. 7, he pays
the $100 due Sept. 26, he should pay interest
on that till for the 11 days between Sept. 26 and
Oct. 7, or $.1833 interest; being thus charged
$ .5033+ interest on the two items not paid until
after they were due. But if, on Oct. 7, he pays the
$200 not due until Oct. 8, he should be allowed a
discount on that item for the 1 day between Oct.
$ .03 7 and Oct 8, or $ .0333+ discount; and if, on Oct.
7, he pays the $120 not due until Nov. 1, he should be allowed a discount on that item for the 25
days between Oct. 7 and Isov. 1, or $.50 discount; being thus allowed a total discount of
$ .5333+ for the prepajTiient of the items of the account coming due after Oct. 7. The
difference lM?tween the amount of the interest on the items of the account falling due before
Oct. 7, from their rcsixjctive dates down to Oct. 7, and the amount of the discounts on the items
of the account coming due after Oct. 7 from their respective dates back to Oct. 7, is only $.03,
or is le.ss than onehalf the interest (or discount) on the face amount of the account for one
day, thus proving Oct. 7 to be the date on which the payment of the face amount of the
accoiuit, $480, will effect an equitable .settlement between Dunn and Campbell.
Rule.— I. Select tlie latest date as a focal date ; find the time in days
from the date of each item of the account to the focal date, and compute
the interest on each of the respective items for its time as found.
n. Divide the anwunf or sum of tJie interest on the items hij the inter
est on the face amount of the account or items for one day ; the quotient
ivill he the number of days average time.
III. Count hack from the focal date the nunibcr of days so found; tJis
date thus reached uill he the due date of the face amount of the account
or the date on ichich such face amount could he paid without loss to
either party.
Operation.
Days to Oct. 7.
Interest.
Sept. 5, $ 60 33...
$.32
Sept. 26, 100 11...
. .1833 +
.5033 +
Discount.
Oct. 8, $200 1
$.0333 +
Kov. h 120...25
.50
$.5333 +
.50.33 +
EXAMPLES IN EQUATION OF ACCOUNTS.
247
Remarks.— 1. In finding the average time of credit in days, fractions of a day of onehalf or
greater are counted as a full day; fractions less than onehalf are rejected.
2. In business, odd days, odd cents, and even odd dollars, are often rejected in the interest
calculations in equating the time, it being correctly reasoned that, in the long run, any losses or
gains thereby shown would fairly balance; and therefore business men, so settling, may
cut off as they please. But for classwork, exact money, exact time, and interest computed to
fmir decimal places, should be required.
3. Any date between the extremes, or within the account, may be taken as a focal date, the
only question involved being a balance of the interest or discount; but, except for illustrative
purposes by the teacher, or test exercises for advanced pupils, the selection of any date except
the latest for a focal date is not recommended.
4. The selection of the latest date saves one interest computation, and removes the objection
often raised in case an earlier or the earliest date be chosen, that an account is not likely to
have been settled before it teas made.
5. The product method of equating accounts, often used, and in many cases capable of
producing correct results, is not recommended, because:
First. It is much more difficult to comprehend than the interest method.
Second. It usually involves a greater number of ligures.
Third. By it, a cash balance, often desirable, is only obtainable by an additional operation,
and with difficulty and perplexity.
Fourth. Equation of accounts having debit and credit items is impossible by that method,
in case, as frequently happens, the face amounts of the two sides chancfi to be equal; i. e., the
debtor having paid the face amount of his obligation; while there may still be an important
balance of interest or discount, which can be readily adjusted if the interest method be used.
Fifth. A bookkeeper, equating by the interest method, can readily exhibit to his employer
the equity conditions of an excess of interest or discount, even tliough the employer be unfa
miliar with the formal work of the equation.
ScGOESTiON TO THE Teacher. — Placc On the blackboard, as an example, an account with
a dozen or more items, having different dates, and each for a simple amount, and so a.ssign the
example that each pupil may have a different focal date from which to work; then require
each pupil to prove his result and withhold the announcement until called for. Such exercises
will stimulate the pupils to accuracy and speed in their work, and will result in imparting a
very thorough knowledge of the subject.
EXAMPLES FOR PRACTICE.
801. When iire the following uccoimts due by equation:
Remark. — The teacher should require that each result be proved.
1.
1888.
Oct.
Oct.
Warren Pease,
To Calvin Gray, Ur.
1, ToMdse. . $ ;5
6, " " 50
14, " " 80
25, " *' 120
31, " " 40
Xorman Colby,
To Seth Stevens & Sons, Dr.
1, To Mdse 4300
5, " "  150
11, " " 120
IG, '' " 200
28, " '' 100
30, " *' 180
1888.
Aug.
Sept. 30,
Oct. 12,
Parker II. Goodwin,.
7o Perkins & Ilawley, Dr.
7, To Mdse. .$200.00
" 180.55
Dec.
3,
35.60
100.00
50.25
Jan.
6,
Feb.
1,
a
27,
Apr
3,
( i
20,
<c
27,
Wm. P. Dugan,
To Godfrey, Son & Co., Dr.
To Mdse. $:iOO
" . 100
" : 100
'' 300
'• 300
" 200
248
EQUATION' OF ACCOUNTS.
5.
Oct.
Nov.
it
Dec.
1889.
Jun.
1887.
Nov.
Dec.
Jan.
Feb.
Mar.
Gerald, Joues & Co.,
To Samuel Smith, JJr.
To Mdse $500.00
" 821.75
" 150.00
" 205.25
'' " 33.00
13,
1,
28,
17,
30,
300.00
■i^j
Theodore Stanley,
To Paul Fleming, Dr.
6, To Mdse $500
28, •• •••  200
17, " " ...150
29' " " . .150
13,
30,
11,
31.
300
100
200
200
1888.
Dec.
<<
1889.
Jan.
Mar.
Felix Peterson & Bro.,
To Paul Paulson & Co., Dr.
1, To Mdse $1500
16, •• " 2000
19,
1,
21,
7000
500
1000
S.
1887.
Philip Darling,
To Jacob V. Hall, Dr.
Oct. 6, To Mdse. $300
" 31,
Nov. 17,
Dec. 1,
1888.
Jan. 20,
Feb. 16,
Mar. 3,
Apr. 6,
150
150
450
300
600
300
300
802. To find the Equated Time, when the Items have Different Dates, and
the Same or Different Terms of Credit.
Example (requiring time extension). — When does the face amount of the
following account become due by equation?
John Price.
1888. To Volney Clark, Dr.
Sept. 14, To Mdse., 1 mo $1000
" 30, " " 5 mo 500
Nov. 10, " " 60da 700
" 29, '' " 30 da 200
Dec. 31, " '* 2 mo 600
If the time for the payment of each of the several items of the above account
be extended for the term of credit indicated, the account will stand as follows:
John Price,
DiRECTioss. — 1. Assume the latest date as a focal
date.
2. Star the focal date to distinguish it.
3. Observe general directions for example on page
244
To Volney Clark, Dr.
1888, Oct. 14.. $1000
1889, Feb. 28. 500
1889, Jan. 9 TOO
1888, Dec. 29 200
1889. Feb. 28 600
Rule. — I. Extend tJie time of credit of such items as are sold on credit.
n. Select the latest date as a focal date, and find the interest on each
item from its maturity date to the focal date.
Ill Diiride the aggregate of interest thus found hy the interest on the
fa^e amount of the account for one day ; the quotient uill he the time in
days to he counted back from the focal date to determine the due date or
average date.
EXAMPLES IN EQUATION OF ACCOUNTS.
EXASTPLKS FOR PKACTICK.
249
803. On what dates are the face amounts of the following accounts due Ijy
equation ?
Remarks.— 1. Extend the time, by adding the term of credit to the date of each item, before
proceeding with the work.
2. Should two or more items mature on the same date, their sum may be found, and one
computation of interest serve for all.
1. Herbert G. Williams,
1888. '^0 Brewster & Brewster, Dr
Aug. 15. To Mdse., 2 mo.,
" 29, " " " 300
Sept. 20, " " "  200
Oct. 4, " " '' 120
Nov. I, " " " 100
2. Samuel S. Sloan,
1888. To A. D. Wilton, Dr.
Sept. 12, To Mdse., 1 mo., $1000
" 30, '* '* 5 mo., 500
Nov. 10, " '' 60 da., 700
" 29, " " 30 da., 200
Dec. 31, " '* 2 mo., 300
3. H. C. Colvin,
1888. To Jas. Fowler, Dr.
Nov. 3, To Mdse., 30 da., $550
*' 23, " " " 800
Dec. 1, " " " 90
** 28, " " " 210
1889.
Jan. 11, " " " 600
*' 31, " " " 300
o.
It
Jan.
Feb.
Mar.
June 29,
T. L. King & Son,
^. To Groves «& Co., Dr.
30, To Mdse., 1 mo., $ 300
28, " '' 60 da., 300
25, '' " 2 mo., 1200
30 da., 1500
f^K John Jennings,
1889.
To Eichard Smith, Dr.
Jan. 17, To Mdse., ..$ 50
 31,
a
a
1 mo. ,
100
Feb. 9,
a
(<
2 mo
600
Mar. 3,
ie
a
.
.... 200
June 20,
a
a
3 mo. ,
.... 120
July 8,
'•■
a
1 mo.,
300
7. Porter Cass & Sons,
1888. To Phelps Bros., Dr,
Feb.
19,
To Mdse.
, 60 da..
..$519.22
i i
29,
a
60 "
.. 211.50
Mar.
u.
li
30 "
. 120.00
a
25,
"
30 "
. 181.75
May
1,
a
2 mo..
.. 80.00
a
31,
a
1 ''
.. 69.78
June
24,
a
3 "
 127.75
^. 01
1888.
Oct. 3,
" 31,
Dec. 1,
" 31,
1889.
Feb. 3,
" 28,
Mar. 12,
Apr. 30,
iver H. Brown,
To Stephen Brackett, Dr.
To Mdse., 30 da.,...$ 319.50
" " 4mo., ... 750.00
" " 280.50
" " 2 mo., ... 400.00
'•' " 60 da.,... 250.50
" " 216.75
" " 80.25
" " 1 mo.,... 150.00
<V. H. B. Spencer & Co.,
1888. To Wood, Son & Co., Dr
Sept. 14, To Mdse., 1 mo., $ 1000
" 30 "
Nov. 10,' ''
" 29, ''
Dec. 31, ''
1889.
Jan. 30, "
Feb. 28, '*'
Mar. 25, ''
June 29, "
5 mo., ..
60 da.,..
30 da.,..
2 mo.,..
500
70O
.. 200
600
1 " ..
60 da.,..
.. 300
300
T200
1500
250 KQIATIOK OF ACCOUNTS.
804. To find the Equated Time, when an Account has both Debits and Credits.
Example. — AVliut is the balance of the following account, and when due by
equation.
Dr. James B. Greene. Or.
1889.
1889.
Jan.
15
To Mdse.,
GOO
Feb.
1
By Cash,
Feb.
128
le it
300
Mar.
31
a ii
300
300,
Directions. — 1. Select the latest date as a focal date.
2. Find the time from the date (maturity) of each item to the frxal date.
3. Compute tbe interest on each item for its time.
4. By addition, determine the sum of the interest on each side.
5. Find the difference between the Dr. and Cr. interest for an interest balance.
6. Divide this interest balance by the interest on the balance of the account for one day.
Operation.
Dr.
1889. Jan. 15, $600. T5 days to focal date = $7.50, interest.
" Feb. 28, 300. 81 '' " " " = 1.55 ,
Total Dr., ^000. ^9.05, total Dr. interest.
Cr.
1889. Feb. 1, %300. 58 days to focal date = *2.90, interest.
" *Mar. 3l'. 300. " '' " '"' == 00,
Total Cr., $000. $2.90, total Cr. interest.
Dr. balance, $300.
Interest on $300 for 1 day = $.05.
$9.05 — $2.90 = $P).15, excess Dr. interest.
$6.15 f $ .05 = 123, or 123 days equated time.
123 days lack from Mar. 31, 1889, gives Nov. 28, 1888.
* Focal date.
Explanation. — Assume the latest date, Mar. 31, as a. focal date, and reason as follows: If,
on Mar. 31, Greene receives credit for the $300 paid on that day, he should not receive credit
for any interest, because the money was paid on the day it fell due ; but if, on Mar. 31, he
receives credit for the $300 that he paid Feb. 1, he should receive credit also for the interest
on that payment for the 58 days between Feb. 1, when he paid it, and Mar. 31, when he
received credit for it, or he should be credited for $2.90 interest ; and if there were no debits
or charges against him, he would be entitled. Mar. 31, 1889, to a net credit of $602.90, as a cash
balance in his favor. But we have the debit of the account to be considered, as follows : If,
on Mar. 31, Greene be charged with $300, the value of Mdse. sold to him Feb. 28, he should
also be charged with its interest for the 31 days between Feb. 28 and Mar. 31, because he did
not pay for the Mdse. when the amount of it was due; or he should, on this item, be charged
$1..55 interest ; and if, on Mar. 31, he be charged with $600, the value of Mdse. sold him Jan.
\~i, he should also be charged with its interest for the 75 days between .Jan. 15 and Mar. 31,
because he did not pay for the Md.se. when the amount of it was due; or he should, on this
item, be charged $7.50 interest, thus being charged a total of $9.05 interest, and showing his
total debt to be $909.05 on Mar. 31, in case he had received no credit for payments made.
But since he had received credit for payments amounting to $600, and for interest thereon
amounting to $2.90, his debt, on Mar. 31, was not $900, as the sum of the items charged, plus
EQUATION" OF ACCOUXTS. 251
$9.05, the sum of the interest charged, but was $900, the sum charged, less $G00, the sum
credited, or only $300 of principal debt or charge unpaid, and $9.05, less $2.90, or $6.15,
interest balance due. And if the cash balance due was required, it would thus be found to be
$306.15. But the question is not concerning the cash balance due Mar. 31, 1889, but on what
date was the $300 balance of account due by equation ? And to determine this, proceed as
in the earlier explanation of this subject; having given the principal (balance of account),
$300, interest (balance), $6.15, and rate, to find the time. Divide the balance of interest by
the interest on the balance for 1 day, and find the time to be 123 days, and reason in conclusion
that, since on Mar. 31, Greene owed not only the $300, but al.so $6.15 interest, he had at that
date been owing the $300 for a time sufficient to enable it to accumulate $6.15 interest, or for
123 days; and if he had, on Mar. 31, 1889, been owing the $300 for 123 days, that debt must
have been due by equation 123 days prior to Mar. 31, 1889, or since Nov. 28, 1888.
For reference, and to give assurance of the correctness of the above conelu.sion,
tlie same example is taken and solved with the earliest date assumed as a focal
date.
Operation.
Dr.
1889. * Jan. 15, $600. days to focal date = 00, discount.
Feb. 28, 300. 44 " '• " " = $3.20, total Dr. discount.
Total Dr., $900.
Cr.
1889. Feb. 1, $300. 17 days to focal date = $ .85, discount.
'• Mar. 31, 300. 75 " " " "' = 3.75 ,
Total Cr., $000. $4.60, total Cr. discount.
2.20, total Dr. discount.
Dr. balance, $300. $2.40, excess Cr. discount.
Interest or discount on $300 for 1 day, = .05.
$2.40 ^ $.05 = 48 = number of days equated time.
48 days hack from Jan. 15, 1889, gives Nov. S8, 1888.
* Focul datf .
Explanation.— Assume Jan. 15, 1889, the earliest date, as a focal date, and reason as
follows: If, on Jan. 15, Greene pays the $600, the value of Mdse. bought on that day, he
pays his debt when due, and should neither be charged with interest nor credited with
discount; but if , on Jan. 15, he pays the $300 not due until Feb. 28, he should be credited
with discount on that item for the 44 days between Jan. 15, when he paid it, and Feb. 28,
when it becomes due ; or he should be credited with $2.20 discount for the prepayment of this
item. Thus we find that, on Jan. 15, he did not owe the $900, the face amount of his debt,
but only $900, the face, less $2.20 discount. If there were no credits to be considered, he
would, on Jan. 15, 1889, owe $897.80 as a cash balance. But we have to consider the Cr. of
his account, and do so as follows: If, on Jan. 15, he be credited for the $300 not paid until
Feb. 1, he should be charged discount on that sum for the 17 days between Jan. 15, when he
received credit for its payment, and Feb. 1, when such payment was actually made, or
he should be charged discount on this item of $.85; and if, on Jan. 15, he receives credit
for the $300, the payment not made until Mar. 31, he should be charged discount on this
item for the 75 days between Jan. 15, when he received credit for its payment, and Mac.
31, when it was actually paid, or he should be charged discount on this item of $3.75; thus
we find that, on Jan. 15, he should have received credit for the sum of his payments, $600,
less the sum of the discount, $4.00, cliarged against him, or for $595.40 as a cash balance; or
252 EQUATION OF ACCOUNTS.
that, on Jan. 15, lie owed $300 and stood charged with discount balance of the difference
between $4.60 and $2.20, or $2.40 ; in other words that, on Jan. 15, 1889, he not only owed
the $300, balance of items, but also the $2.40 balance of discount, or had beea owing the $300
for a length of time sufficient to enable that sum to accumulate $2.40 in the creditor's hand».
We have thus, as before found, the principal, interest (discount), and rate given to find the
time; and divide the interest (discount) balance, $2.40, by the discount on the balance of the
account for 1 day, and find that, on Jan. 15, 1889, Greene had been owing the $300 for 48 days.
Counting back 48 days from Jan. 15, 1889, find, as before, the balance, $300, to have beeo due
by equation Nov. 28, 1888.
Remarks. — 1. While the result, being the same in both the foregoing operations, gives
assurance of the correctness of both, it is assurance only, it is not proof.
2. If the conclusions drawn from the above explanations be correct, and the balance be due
Nov. 28, 1888, as found, then the sum of the discount of the Dr. items from their respective
dates back to Nov. 28, 1888, must be offset or balanced by the sum of the discount of the Cr,
items from their respective dates back to Nov. 28, 1888, to within less than onehalf of the
discount of the balance. $300, for 1 day, or to within less than $.02^.
Proof, — Take the example as above explained, and assume Nov. 28, 1888, as
a focal date.
Operation.
Dr.
1889. Jan. 15, $fiOO. 48 days back to focal date = $4.80, discount.
" Feb. 28, 300. 92 " " " " ''  4.00,
$9.40, total Dr. discount,
Cr.
1889. Feb. 1, $300. 65 days back to focal date = $3.25, discount.
" Mar. 31, 300. 123 '' " " " " = 6.15,
$9.40, total Cr. discount.
Focal date, Nov. 28, 1888.
Explanation. — Assume Nov. 28, 1888, as a focal date, and compute the discount on each
item of the account for the time between the date of such item and the focal date, and find
that the total of the Dr. discount exactly balances the total of the Cr. discount. Hence it is
proved that the balance of the account considered was due by equation Nov. 28, 1888, as
twice shown.
Remarks.— 1. In case a cash balance at any given date is required, it may be ascertained
either by computing the interest and finding the amount on all Dr. items for a total Dr., and
of all Cr. items for a total Cr., and by subtraction determining the balance. Or, the cash
balance may be ascertained by first finding the date on which the J^ice balance of the account
is due by equation, and then adding interest in case the due date comes before the date of
actual settlement, or subtracting discount in case the due date comes after the date of actual
gettlement.
2. After the due date is determined, the rate of interest or discount allowed should be
determined by the law of the place, or may be by agreement of the parties; but local interest
and usury laws would prevail in di.sputed eases.
3. In proving the equation of accounts, the equitable settlement of which is found to come
at a date within the account or between its extreme dates, the difference between the Interest
and discount of the Dr. items from their respective dates to the due date (by equation) must
be offset or balanced by the difference between the interest and discount of the Cr. items, from
their respective dates to the due date, within onehalf of the interest or discount on the balance
for one day.
EQUATION OF ACCOUNTS.
253
805. Example. — What is the balance of the following account, and when is
it due by equation ?
Di
1886.
Feb.
1
ii
10
To Mdse.,
(Student's Ledger.)
Charles S, Williams.
Cr.
1886
600
Feb.
19
1800
"
28
Mar.
6
Bv Cash,
300
300
300
Operation.
Dr.
.luue 19, 1886, /om/ date.
1886. Feb. 1, % 600. 138 days to focal date = $13.80, interest.
•' Feb. 10, 1800. 129 '•• '' " " = 38.70 ,
Total Dr.,
$2400.
886. Feb. 19,
$300.
" Feb. 28,
300.
Mar. 6,
300.
Total Cr.
$900.
$52.50, total Dr. interest.
Cr.
120 days to focal date = $6.00, interest.
Ill ''' " " " = 5.55, "
105 " " '' " = 5.25. "
$16.80, total Cr. interest.
$52.50, Dr. interest.
Dr. balance $1500. 16.80 , Cr. interest.
Interest of $1500 for 1 day =  .25. $35.70, excess Dr. interest.
$35.70 ^ $.25 = 142^ = 143 days equated time.
143 davs back from June 19 = Jan. 27, 1886.
Remark. — Since debit and credit accounts are accounts wherein both debtor and creditor
are represented by certain purchases (debts) and payments, and since the items constituting the
Dr. on the Lodger of one of the parties would constitute the Cr. on the Ledger of the other
partj', and vice ncrm, it follows that an account equated from both these views must show
like conclusions; i. e., the above account reversed, so that its Cr. shall appear a Dr., and its
Dr. appear a Cr., and equated from any date as a/<?co^date, must show the same conclusion
as before.
FiXA.MPJj;. — Same as before, reversed, and with May 1 assumed as a focal date.
Dr.
(Charles S. Williams' Ledger.)
"Student."
Cr.
1886.
Feb.
19
((
28
Mar.
6
1886.
To Cash,
300
Feb.
(< <<
300
a
" "
300
1
10
By Mdse.,
600
1800
264 EQUATION" OF ACCOUNTS,
Operation.
Dr.
May 1, 1886, focal date.
188*6. Feb. 19, *300. 71 days to focal date = *3.55, interest.
". Feb. 28, 300. 62 ''' " " '' = 3.10,
" Mar. 6, 300. 56 " " " " = 2.80.
Total Dr.. $900. ?!9.4o, total Dr. interest.
Cr.
1886. Feb. 1, * 600. 89 days to focal date = % 8.90, interest.
" Feb. 10, 1800 . 80 " " " " = 24.00 ,
Total Cr.. §2400. $32.90, total Cr. interest.
9.45, total Dr. interest.
Cr. balance, $1500. $23.45
Interest of $1500 for 1 day = $.25.
$23.45 ^ $.25 = 93 i = 94 days equated time.
94 days back from May 1, 1886 = Jan. 27, 1886, as before found.
Example (same as first illustrated). — Proof, assuming Jan. 27, 1886, as a
focal date.
Operation.
Dr.
1886. Feb. 1, $ 600. 5 days after focal date = $ .50, discount.
" Feb. 10, 1800. 26 ^"' ••• •• ••' = 4.20 ,
4.70, total Dr. discount.
Cr.
1886. Feb. 19, $300. 23 days after focal date = $1.15, discount.
" Feb. 28. 300. 32 •'•' " " " = 1.60,
" Mar. 0, 300. 38 " " " " = 1.90 ,
$4.65, total Cr. discount.
Cr. balance, $1500. $4.70, total Dr. discount.
Discount on $1500 f(.r 1 day, $.25. 4.65, " Cr.
$.05, difference.
Explanation. — The difference between the Dr. discount and the Cr. discount is 5 cents,
or ,*5 = i of the discount on the $1500 balance for 1 day, or less than onehalf of 1 day's
discount, thus proving the balance to have been due since Jan. 27, 1886, as determined by both
the former operations, and rendering an explanation which could be made in the usual form
quite unnecessary.
Rule. — Find the face hahnice of the account, and also the excess of
interest from the latest date as a focal date. If the halance of account
and excess of interest he on the sai)ie side, date hack; if on opposite
sides, date forward.
4
EXAMPLES IN EQUATION OF ACCOINTS. 255
EXAMPLKS FOR PRACTICE.
8(HJ. i. When is tlie balance of tlie following account due by equation ?
[)r. Frank H. Barxard. Cr.
1887.
Jan.
Feb.
15
28
To Mdse.,
i i 1887.
600
1 Feb.
1
300
1 Mar.
31
By Cash,
300
300
2. What is the balance of the following account, and wjien due by CM[uaiiun ?
Dr. Benj. F. Hawkins. Cr.
1887.
Jan.
14
<(
28
Feb.
3
((
15
To Mdse.,
a ((
it sf
1887.
600
i
Jan.
20
300
1
Feb.
10
500 1
600
By Cash,
1000
700
S. If money be worth 7^ per annum, what was the cash balance due on the
following account Julv 1, 1887 ?
Dr.
Victor E. Brown & Co.
Cr.
1887.
Jan.
31
Mar.
30
To Mdse.,
i( a
1887.
1
450
Jan.
2
450
Feb.
13
\
Mar.
29
By Mdse.,
" Cash,
'' Mdse.,
(iOOJ
3001
300l
Jf. What was the cash balance duo on the following account Jan. 1, 1889, if
money l)e worth 8<^ per annum ?
Dr. Henry J. Sanford & Bro. Cr.
1888.
Aug.
Sept.
Oct.
Dec.
4i To Mdse., 1 mo.,
1 " •' 2 mo.,
31
li iC
2
4 mo..
1888.
200
Oct.
1
400
Nov.
1
600
Dec.
1
300
1889.
Jan.
1
Feb.
1
Mar.
1
By Cash,
a li
150
150
150
150
150
150
r>. Fijid \\\v balance of the following account, and when due by equation.
Dr. Louis K. Gould. Cr.
1888.
Sept.
21
To Mdse.
Oct.
5
a ic
(<
30
a a
Dec.
18
<i a
:889.
Jan.
31
i. "
Feb.
28
<< a
60 da.,
30 da.,
60 da.,
1 mo..
1888.
100
Nov.
1
150
((
28
116
50
Dec.
31
251
45
1889.
Jan.
15
80
75
Mar.
1
100
10
By Cash,
•• Mdse., 1 mo.,
•• *' 2 mo.,
■• ("ash.
70
110
120
175
200
50
/J56
EXAMPLES IX EQUATION OF ACCOUNTS.
6". What is the balance of the following account, and when due by equation ?
Dr. Reed & Co. Cr.
1888.
1888.
June
14
To Mdse.,
300
Julv
1
By Cash,
100
<<
29
'* Cash,
150
Aug.
1
i( e<
100
Aug.
4
" Mdse.,
200
Sept.
1
CC <(
100
Oct.
31
*' Cash,
100
Oct.
1889.
Jan.
1
1
"■ Mdse.,
100
450
Remark. — Interest may be computed on one of the four similar Cr. items for the aggregate
of their davs.
7. When is the balance of the following account due by equation ?
Dr. King & Sherwood.
Cr.
1888.
Nov.
3
Dec.
31
1889.
Jan.
11
Mar.
4
1888.
750
Dec.
20
1000
1?89.
Jan.
1
600
Feb.
1
150
May
3
To Mdse., 750 Dec. 20 Bv Cash,
1000 1589.
" Mdse.,
" Cash,
8. When is the balance of the following account due by equation ?
Dr. Samuel Peck & Sox.
500
500
1500
500
Cr.
1887.
1887.
Mar.
3
To Mdse.,
60
Apr.
1
By Cash,
150
Apr.
24
<< ((
100
June
1
<< a
150
May
1
(( i(
150
Aug.
1
a a
150
Aug.
30
17
90
: 200
Oct.
1
a 11
90
9. Find, 1st, the balance of the following account; 2d, when due by
equation.
Dr. Walter L. Parker. Cr.
1888.
1888.
May
11
To Mdse.
2 mo..
' 108
40
June
1
By Cash,
124
27
Julv
1
n n
30dii.,
1 225
! Oct.
31
" 4 mo. note (no
Aug.
31
li a
280
80
1
interest).
167
91
Oct.
1
i( a
1 137
50
1 Dec.
1
" Cash,
306
05
10. Find, 1st, when the following account is due by equation ; 2d, the cash
balance due Jan. 1, 1888, if money be worth 5^ per annum. Prove the result.
Dr. John Montgomery & Co. Cr.
1887.
Dec.
1888.
Jan.
15
28
14
To Mdse.,
" '' 2 mo.,
" " 30 da..
200
300
300
1888
Jan.
Mar.
By Cash,
" 60da,
note (no
interest).
300
150
EXAMPLES IN" EQUATION OF ACCOUNTS.
257
Remark.— In case a negotiable paper is given, its maturity is determined in the usual
way, by adding to its express time three days of grace. If tlie paper bear interest, its value
is equivalent to ilsface as cash at its date; while if the paper be noninterest bearing, its value
is equivalent to cash at its full maturity.
11. Find, 1st, the balance of the following account; 2d, when due by equation;
3d, cash balance due Jan, 1, 1888, if money be worth 6;^ per annum. Prove the
result.
Jjr. E. E. EoGERS & Bro. Cr.
1887.
May
14
June
3
July
31
To Mdse., 1 mo.,
" '' 60 da.,
" " 2 mo.,
1887.
300
May
31
200
400
July
1888.
15
Jan.
1
By 2mo. note (no
interest),
'*' 30da. note, on
interest,
'' Cash,
240
150
100
1^. Find, 1st, the balance of the following account; 2d, when due by equation;
3d, the cash balance due Jan. 1, 1888, if money be worth 10^ j^er annum. Prove
the result.
Dr. King, Son & Co, Cr.
1887.
Oct.
]
Nov.
3
Dec.
14
1888.
Jan.
15
1887.
150
Nov.
1
150
Dec.
1
300
1888.
300
Feb.
15
To Mdse., 1 mo., 150  Nov. 1 By Cash,
2 mo., 150 Dec. 1 " 3mo, accpt. (no
60 da,, 300 interest),
' • Cash,
lo. When is the balance of the following account due by equation ?
Dr. Spaulding & Co,
200
200
200
Cr.
Oct.
((
1889.
Jan.
Feb.
14
To Mdse., 30 da,,
" " 4 mo..
60 da.
1888.
278
50
Nov.
20
147
50
Dec.
31
100
25
1889.
311
50
i
Mar.
1
By Cash,
" 2mo. accpt, (no
interest),
'* 60da, note, on
interest.
210
175
220
50
14. Find, 1st, the balance of the following account; 2d, when due by equation;
3d, the cash balance due Mar, 1, 1880, if money be Avorth o^ i)er annum. Prove
the result.
Dr.
Abraham Bradley,
Cr.
1888,
Aug,
31
Sept,
5
Oct.
31
Dec.
19
1889.
Jan.
1
By Mdse., 1 mo.,
" " 60 da.,
" " 4 mo.,
" " 30 da..
<e
1 mo..
1888,
150
Oct.
2
200
600
((
30
150
Dec.
1
100
1889.
Jan.
25
17
By 30da. note (no
interest),
'' Cash,
'' 60da. note, on
interest,
'■ 1mo. accj)t. (no
interest).
100
200
300
500
258
EXAMPLES IN EQUATION OF ACCOUNTS.
15. Find, 1st, the balance of the following account ; 2d, wlien due by equa
tion ; 3d, the cash balance due Apr. 1, 1889, if money be worth 7^ per annum.
Prove the result.
Dr
Lee cS: Powers.
Cr..
1888.
Sept.
9
Oct.
1
Dec.
13
1889.
Jan.
31
To Mdse.,
2 mo.,
1 mo.,
1 mo.,
1889.
600
Jan.
1
300
1
Mar.
IG
150
Aiu'.
30
450
May
1
By Cash,
" 2mo. note, on
interest,
'' 3mo. note (no
interest),
" Cash,
500
100
300
200
16. When are the net proceeds of tlie following account sales due by equation ?
Kansas City, Mo., Oct. 3, 1888.
Account Sales of Flour,
Sold for account of Henry H. Grinnell & Co.,
Burlington, Iowa.
By C. H. Brayton.
1888.
Sept.
23
Oct.
1
a
18
Nov.
3
n
25
Sept.
24
a
•ZC)
Oct.
28
Nov.
15
((
25
95 barrels to Hudson & Son,
200
65
110
130
" Chas. II. Knapp,
" Wm. Clark & Bro.,
" Clinton McPherson,
Charges.
Freight,
Cartage, —
Cash advanced on consignment, .
Cooperage, 
Commission, 4^,
@ $5.60, cash,
@ $5.75, 1 mo.,
@ $5.80, 60 da.,
@ $5.80, 30 da.,
@ $5.75, casii,
62
30
2000
5
137
Remarks. — 1. In rendering Accounts Sales, the expenses ( freight, storage, commission, etc.)
charged constitute the Debits of the account, while the gross sales^onstitute thfc Credits. Equate
such accounts in tlie usual manner.
2. After extension of time to determine actual due (or just Cr.) dates of the items on both
sides of the account, should it then be found that certain items of the Dr. have dates corres
ponding to those of certain items of the Cr., such items, if of equal amount, may be cancelled
the one against the other; if of unequal amounts, they may be offset for like amounts, and
only their difference enter into the work of the equation.
RATIO. 2o!»
RATIO.
807. Ratio is the relation of one number to another of the same denomi
nation. It is of two kinds, Arithmetical and Geometrical.
808. Arithmetical Ratio is the difference of the two numbers; as, the
arithmetical ratio of 7 and 3, or 7 — 3 = 4.
Remark. — Arithmetical ratio indicates subtraction, and is or shows a difference.
809. Geometrical Ratio is the quotient of one number divided by another:
as, the ratio of G to 2, or ^ 2 = 3.
810. The Sign of Ratio is the colon (:), and is considered to be the
division sign Avith the horizontal bar omitted, and is read is to. Thus, G : 2 is
read, 6 is to 2.
811. The Terms of a ratio are the two numbers compared, and taken
together they are called a couplet.
81*2. The left hand term of an arithmetical ratio is called the antecedent, and
stands in the relation of a minuend; the right hand term is called the consequent,
and stands in the relation of a subtrahend.
813. In geometrical ratios, the antecedent corresponds to the dividend, and
the consequent to the divisor; and to such ratios the General Principles of
Division appl}", as follows:
1st. Any change in the antecedent produces a like change in the ratio.
2d. Any change in the consequent produces an opposite change in the ratio.
3d. A similar change effected in both terms will not change the ratio.
814. Reverse, indirect, or reciprocal ratios are formed by reversing the
position or order of the terms.
815. Simple Ratio is the ratio of two numbers; as 20 : 5.
816. Compound Ratio is the ratio of the products of the corresponding
terms of two or more ratios; as, 20 : 5 and 15 : 3 may be compounded and read
20 X 15 : 5 X 3, which, Avhen the multiplication is performed, becomes a simple
ratio.
{Ratio = Antecedent — Consequent.
Consequent = Antecedent — Ratio.
_ , , Antecedent = Consequent + Ratio.
Jformulas. \
{Ratio = Antecedent ^ Consequent.
Consequent = Antecedent ^ Ratio.
Antecedent = Consequent x Ratio.
260 SIMPLE PROPOBTIOX.
PROPORTION.
817. Proportion is an equality of ratios,, and is indicated in two ways:
1st. By placing the sign of equality between the ratios; thus, 8 : 2 = 12 : 3; or,
2d. By placing a double colon ( : : ) between the ratios; thus, 8 : 2 : : 12 : 3,
which reads, 8 is to 2 as 12 is to 3.
Remarks. — 1. The.^rs^ sind fourth, or outside terms, of a proportion are called the extremes;
the second and third, or inside terms, are called the means.
2. Observe that, in the arithmetical proportion, 7 : 3 : : 12 : 8, the sum of the extremes equals
the sum of the means. If, then, either extreme be wanting, it may be found by subtracting
the gircn extreme from the sum of the means. If either mean be wanting, it may be found
by subtracting the given mean from the sum of the extremes. If the ex'tremes be equal and
both wanting, each must equal onehalf of the sum of the means, and if the means be equal,
and both wanting, each must equal one half of the sum of the given extremes. This is shown
and its use made valuable in proportions of three terms; a.s, 9 : 6 : 3, in which 6 is a mean
proportional term, the extended form being 9 : 6 : : 6 : 3.
3. Observe that, in the geometrical proportion, 12 : 4 : : 15 : 5, the product of the extremes
equals the product of the means. If, then, either extreme be wanting, and both means given,
the wanting extreme can be foimd by dividing the product of the means by the given extreme;
and if one mean be wanting, and both extremes given, the wanting mean can be found by
dividing the product of the extremes by the given mean. And if the extremes be equal and
both wanting, each must equal the square root of the product of the means; and if the means
be equal, and both wanting, each one must equal the square root of the product of the extremes.
This is again shown and its use made valuable in proportions of three terms; as, 27 : 9 : 3, in
which 9 is a mean proportional term, the extended form being 27 : 9 : : 9 : 3.
SIMPLE PROPORTION.
818. A Simple Proportion is an equality of two simple ratios; thus,
27 : 3 : : 45 : 5, consisting of four terms, the relations of which, as above explained,
are such that, if any three of them are given, the fourth may ^eadil}' be found;
for this reason, solutions by proportion were said, by the old writers, to come
under "the Rule of Three.''
819. Take the proportion 27 : 3 : : 45 : 5, and suppose the last extreme
unknown, and indicate its value by a;. The proportion would read, 27 : 3 : : 45 : a;,
in which the value of x is found by dividing 3 X 45 (the product of the means)
by 27 (the given extreme); 3 X 45 = 135; 135 = 27 = 5; hence, rr = 5.
Rules.— i. Divide the product of the given means by the given extreme;
the quotient will be the other extreme. Or,
2. Divide the product of the given extremes by the given mean ; the
qiwtiejit mill he the other mean.
Remark. — Since the unknown term and its given multiplier (mean or extreme) constitute
the factors of the divisor, and the remaining two terras the factors of the dividend, the rules
for CvNCELLATiON apply, and their use will simplify the work.
COMPOUND PROPORTION. 261
EXAMPLES FOK PRACTICE.
820. Find the unknown term in each of the following proportions:
/. 39 : 3 : : 52 : a;.
2. 105 :15 : :.'c: 4.
3. 42 : .T : : 54 : 9.
Jf. a; : 9 : : 45 : 5.
5. 96 yd. '.x:: $134.50 : *403.50.
6. .T : 177.50 : :8bu. 2 pk. : 153 bu.
7. If a post 7i ft. !iigh casts a shadow 1^ ft., what is the hight of a tower
that casts a shadow 150 ft. at the same time?
8. If 15 bushels of wheat can be bought for $13.50, how many bushels can
be bought for $430.20?
9. An insolvent debtor owes $14400, and has an estate valued at $10800.
How much will A receive, on a claim of $3750?
10. A friend loaned me $750, for 3 yr. 4 mo. 15 da. For what period of
time should I loan hini $900 to fully repay his favor?
COMPOUND PROPORTION.
821. A Compound Proportion is a proportion, any of the terms of which
have been compounded — /. e., in which such terms are made up of factors; as, the
simple proportions 6 : 2 : : 15 : 5 and 21 : 3 : : 28 : 4, become compound when
expressed 6 X 21 : 2 X 3 :: 15 X 28 : 5 X 4. This is more conveniently expressed
as follows:
6. 2.. 15. 5
21 3 ••284
Remark. — lu compound proportions, wherein the number of factors in the couplets are
more than two, it is well to substitute lines for colons, as follows:
6 I 2
21 3
15
28
822. Every question of proportion involves the principle of cause and effect.
That is, work done for pay, cash given for goods, wood cut by labor performed,
investments made resulting in gains or losses, etc.; and to keep theorizing as
simple as possible in a subject rarely used, it seems best to adhere to some one
of the many logical statements of the principles of proportion, as follows:
• 1st Cause : 1st Effect : : 2d Cause : 2d Effect.
This will apply, whichever term may be unknown, and will apply as well to
groups of causes or groups of effects, as maybe shown in compouiul proportions.
Take for illustration the following:
Example. — If 10 men, working 12 days, of 8 hours each day, can cut 200
cords of wood, how many cords should be cut by 13 men in 15 days, if they work
6 hours per day?
Explanation. — Observe that the cutting of 200 cords of wood is an effect produced, the
cause of which was 10 men, working for 12 days of 8 hours per day; and that the working of
12 men for 15 days of 6 hours \>er day was a cause, the effect of which is unknown; but from
the application of the logical statement of the principles of proportion (1st Cause : 1st Effect : :
2d Cause : 2d Effect), we have the statement of the example given in form as follows:
20
COMPOUND PROPORTION.
IstCaust'. 1st Effect. 2d Cause. 2d Effect. And since, as before shown, the extreme (or
10 1 ^'"^ outside) terms constitute the factors of the divisor,
12 200 1^ ^ and the mean (or inside) terms constitute the fac
8 j 6 tors of the dividend, any factor of the divisor' may
be cancelled against any factor of the dividend,
or vice versa. Reproducing the above statement, and effecting possible cancellations, we have:
: 225 cords.
5 X 15 X 3 = 225.
Remark. — All problems in proportion, simple or compound, by some called the "single
rule of three" or the " double rule of three," can be solved as above.
10
n
n
m
15
H
^
3
kJcamplks for practick.
823. 1. If 5 men, working G days of 12 hours per day, can cut 24 acres of
com, how many acres of corn should 8 men cut in 5 days, if they work 10
hours per day?
2. If 6 men, working for 12 days, dig a ditch 80 rods long, how many rods
of such ditch should 15 men dig in 21 days?
Remark. — When any term or terms is fractional, either common or decimal in form, treat
them in the usual manner, or reduce such fractions to a common denominator and compare
their numerators.
S. If 15 men earn $607.50 in 18 days, how much should 21 men earn in 12
days?
4. If $1600, invested in a business for 3 years, gain $900, liow much should
$2150 gain in the same time.
5. If 8145.35 interest accrue on $510, at 6f/, in 4 yr. 9 mo., how much interest
will accrue at the same rate and time on $1350?
6'. If 40 yards of carpet, f of a yard in widtli, Avill cover a room 18 feet long
and 15 feet wide, how many yards of carpet, \ of a yard in widtli, will cover a
room 35 feet long and 28 feet in width?
7. If $684, at interest for 3 yr. 3 mo. 18 da., at 5fc, accrue $112.86 interest,
at what rate per cent, must $1800 be put at interest for the same time to accrue
$445.50 interest?
8. If $760, put at interest at 10«s5, accrue $9.50 interest in 45 days, in how
many days will $1140 accrue $17.67 interest at <o< ?
Remark. — The subjects of Ratio and Proportion have been briefly discussed as above
for fhc sole purpose of the introduction and use of the analysis of the principles involved in
them, in the division of the gains or losses in partnerships.
PARTNERSHIP. 263
PARTNERSHIP.
824. Partnership is the association resulting from an agreement between
two or more persons to place their money, effects, labor, and skill, or some or all
of them, in some enterjirise or business, and divide the profits and bear the losses
in certain proportions.
825. Partnerships may be formed by written agreement, sealed or unsealed,
by oral agreement, or by implication.
Remark. — Important partnerships should be formed by written agreements, in which all of
the conditions of the partnership should be fiilly slated.
826. The business association is generally called a Firm, but is sometimes
'designated as a House.
827. The Capital consists of the money or other property invested.
828. The Resources or Assets of a firm consistof the property it owns and
the debts due the firm.
829. The Liabilities of a firm are its debts.
830. The Net Capital is the amount which the resources exceed the liabilities.
831. The Net Insolvency is the amount which the liabilities exceed the
resources.
832. The Net Investment of a partner is the amount of the firm's capital
whicli he has invested, less the amount which lie may have withdrawn from the
business.
833. The Net Grain is the excess of the total gains over the total losses, for
a given period.
834. The Net Loss is the excess of the total losses over the total gains, for
a given period.
835. Partners are of four classes:
1. Heal or ostensible.
2. Dormant, silent, or concealed.
3. Limited.
4. Nominal.
836. A Real or Ostensible Partner is one wlio appears to the world to
be and who actually is a partner.
837. A Dormant or Silent Partner is one whose name does not appear
in the firm name, whose relation is puri)osely concealed, but who yet profits by
an investment.
Remark. — The rule concerning silent partners is, that, being sharers in the firm's profits,
they are liable the same as real partners to all creditors of the firm who, either before or after
irusting the firm, learn of their connection therewith.
264 PARTNERSHIP.
838. A Limited Partner is one who, according to the requirements of
statute law, publishes his connection with the firm, names the limit of his respon
sibility thereby assumed, and in that manner escapes general responsibility.
839. A Nominal Partner is one whose name appears to the public, but
who has no investment, and receives no share of the gains.
Remark. — The rule of law concerning nominal partners is, that false .appearances have
been held out by them, and that all persons trusting the tirni, on account of the association of
their names with it, are entitled to hold them the same as if they were real partners.
840. To Divide the Gain or Loss, when each Partner's Investment has been
Employed for the Same Period of Time.
Remark. —In determinning the division of the gains or losses in partnership, the principles
of I*roportion will be found applicable, as in the following:
Example. — A and B together bought a house for $8750, of which A paid
$5000, and B paid $3750. If the house rents for $560 a year, how many dollars
of the rent shoiild each receive?
•Remark. — By reference to conditions heretofore given, it will be observed that money
invested is a cause, and profit therefrom is an effect.
From the above example, we have the following
Statement.
Investment of §8750, first cause.
Gain, in rent, of 560, first effect.
A's investment of 5000, second cause.
The unknown term second effect.
From which relations we have, by application of the principles and use of the explained
forms of Proportion, the following
Operation.
IstC. IstE. 2d a 2dE.
$8750 : 560 : : 5000 : (A's part of the rent).
Reproducing and canceling, we have:
$rin : 060 : : 0000 : (A's part).
:? 8 40
8 X 40 = *320, A's part of the rent.
B's part is the difference between the whole rent, $560, and the part to which A is shown Xx>
be entitled; or it may be obtained by application of the same form as that used to determine the
gain of A, viz. :
$n^ : 060 : : 3^00 : (B's part).
;? 8 30
8 X 30 = $240, B's part of the rent.
Rule. — The ichdle capital is to the whole gain, as each partner s sTiare
of the capital is to his share of the gain.
Remarks. — 1. Should the result of the investment be a los.s, the share to be sustained by
each can be determined in the same manner as above.
2. If investments are made for different periods of time, compute the investment of each
partner for one period of that time, day, month, or year, then make the proportion as above.
EXAMPLES IN PARTNERSHIP. 265
EXAMPLES FOK PRACTICE.
841. i. Two men boiight a mine for 120000, of which sum A paid $12500,
and B paid the remainder; they afterwards sold the mine for 142000. How much
of the selling price was each partner entitled to receive?
2. The condition of the business of Hadley & Hunt is as follows: Mdse. OD
kand, $28240; notes and accounts due the firm, 121416.54; cash on hand,
$1619.62; total liabilities of the firm, $23186.75. Hadley's investment was
$9000, and Hunt's $12500. What has been the gain or loss, and what is the
share of each?
3. A, B, C, and D, engaged in a business, in which D invested 88400, which
was also the amount of the net gain; if A's share of the gain was $1800, B's
$3000, and C's $2400, what must have been the whole capital and D's gain?
4. A, B, and C are partners, A's investment being $9600, B's $8100, and C's
$7500. At the end of the year they have resources amounting to $27850, and
liabilities amounting to $3150. What is the present worth of each partner at
closing?
5. Four partners. A, B, C, and D, invested equal amounts, and agreed ta
equally ajiportion the gains or losses. At the time of dissolution, the firm had
resources to the amount of $33800, and liabilities to the amount of $51975. If
the net loss was $27460, what Avas the net insolvency of each partner at the time
of dissolution? What was each partner's investment ?
6. A and B were partners 1 year, each investing $3500, and agreeing to
equally share the gains or sustain the losses. At the close of the year their
resources were: Cash, $2650; Mdse., $3040; accounts due them, $3150. During
the year, A drew out $4500, and B $5750. How much has been gained or lost?
What is the solvency or insolvency of the firm? What is the present worth
of each?
7. Harrison and Morton bought a section of Nebraska jirairie for $8000,
Harrison paying $5000, and Morton paying the remainder. Cleveland offered
them $8000 for onethird interest in the land; the offer being accepted, the land
was surveyed and divided, each taking for his exclusive use onethird of it. How
should Harrison and Morton divide the 88000 received from Cleveland?
8. Seaman and Sullivan entered into partnership with a joint capital of
$35500, of which Seaman invested $22000. During the existence of the part
nership, each withdrew $1500, and it was agreed that no interest account should
be kept, and that Seaman should receive f of the gains, and sustain the same
share of the losses, if any; while Sullivan should receive f of the gains, and Sustain
that share of the losses, if any. At the time of the dissolution, the resources and
liabilities were as follows:
Eesources.
Cash $ 2050
Accounts receivable 15850
Real estate 8100
Liabilities.
Notes outstanding $21500
Accounts outstanding $16500
Insurance and interest due 2000
Find the net loss of the firm, and each partner's net insolvency at closing.
2G0 EXAMPLES IN" PARTNERSHIP.
Operation and Expijlnation.
Total liabilities $40000. 00
Total resources 2G000.00
Net insolvency 814000.00
Seaman's f of net loss 129062.50
Sullivan's f of net loss 17437.50
Total loss $46500. 00
Proof.
Seaman's net insolvency $8562.50
Sullivan's net insolvency 5437.50
Net insolvency of firm $14000.00
Seaman's investment $22000
Seaman's withdrawal 1500
Seaman's net investment $20500
Whole investment $35500
Seaman's investment 22000
Sullivan's investment $13500
Sullivan's Avithdrawal 1500
Sullivan's net investment $12000
Seaman's net investment .$20500
Sullivan's net investment 12000
Firm's net investment $32500
Firm's insolvency 14000
Firm's net loss $46500
Seaman's  of loss, $29002.50, less liis net investment, $20500 = $8562.50,
Seaman's net insolvency.
Sullivan's f of loss, $17437.50, less his net investment, $12000 = $5437.50,
Sullivan's net insolvency.
S42. To Divide the Gain or Loss, according to the Amount of Capital Invested,
and Time it is Employed.
Example. — A, B, and C are partners in business; A invested $3000 for four
years, B invested $5000 for three years, and C invested $4500 for two years.
How should a gain of $15000 be divided?
Operation and Explanation.
A's investment of $3000 for 4 yr. = an investment of 83000 X 4, or $12000, for 1 yr.
B's investment of $5000 for 3 yr. = an investment of $5000 x 3, or $15000, for 1 yr.
O's investment of $4500 for 2 yr. = an investment of $4500 x 2, or $9000, for 1 yr.
A's investment for 1 vr.
= $12000
B's investment for 1 yr.
= $15000
C's investment for 1 yr.
= 9000
Total investment for 1 yr.
= $36000
J0000
: 1?000 :
, 1^000 : A' gain.
t
5000
$5000 = A
's part of
gain.
$0000
: 1W0 :
: 10000 : B's gain.
n
5
1250
5 X 1250 = $6250 = B's
gain.
?0000
: 1^000 :
: 0000 : C's gain.
n
5
750
5 X 750 = $3
r50 = C's
gain.
EXAMPLES IX PAKTNEBSHIP. 267
Rem AKK.— Should withdrawals of capital be made at different times, or additional invest
ments be made, follow the steps taken above: i. e., by subtracting from the whole investment
for 1 year (or 1 month) the Avhole withdrawal for 1 year (or 1 month).
BXAMPI.ES FOR PRACTICE.
842. 1. Three persons traded together and gained $900; A had invested in
the business $1000, for C months; B had invested $T50, for 10 months; and C
had invested §1200, for 5 montlis. How should the gain be divided?
2. A, B, and C were partners; A had $800 in the business for 1 year, B had
f 1000 in for 9 months, and C had $2000 in for 8 months. How should a gain of
$2150 be divided ?
3. Martin and Eaton were partners one year, Martin investing at first $5000,
and Eaton $3000; after six months Martin drew out 83000, and Eaton invested
$1500; they gained $3600. What was the gain of each, and the present worth
of each, at the time of the dissohition of the partnership?
4. A, B, and C hired a pasture for 6 months for $95.10; A put in 75 sheep,
and 2 months hxter took out 40; B jiut in 60 sheep, and at the end of 3 months
l^ut in 45 more; C put in 200, and after 4 months took them out. What part
of the rent should each pay?
5. A, B, and C were partners, with a joint capital of $18600; A's capital
was invested for 6 months, B's for 10 months, and C's for 1 year; A's part of
the gain was $1260, B's $1500, and C's $1200. Find how much Avas invested by
each.
6. A and B engaged in the grocery business for 3 years, from March 1, 1885;
on that date each invested $1600; June 1, A increased his investment $400, and
B drew out $300; Jan. 1, 1886, each withdrew $1000; Jan. 1, 1887, each invested
$1500. How should a gain of $7500 be divided at the time of the expiration of
the partnership contract?
7. A commenced digging a ditch, and after working 6 days was joined by
B, after which the two worked together 9 days, when they were joined by C.
The three then worked 12 days, at the end of which time A left the job and D
worked with the other two 3 days and the work was comoleted. If $92 was paid
for the work, how much should each receive ?
8. July 1, 1885, A and B commenced business with a capital of $7500, fur
which A furnished  and B the remainder; May 1, 1886, B invested $1500, and
A withdrew $600; Oct. 1, 1886, they admitted C as a partner, with an investment
of $4500; Jan. 1, 1887, each partner invested $1000, and on Jan. 1, 1888, each
partner withdrew $500. On closing business, Oct. 1, 1888, it is found that a net
loss of $3000 has been sustained. Find each partner's proportion of the loss.
■9. Olsen and Thompson dissolved a threeyear's partnership Aug 1, 1888,
having resources of $16500, and liabilities of $2150. At first Olsen invested
$2750, and Thompson $2500; at the end of tlie first year Olsen drew out $1500,
and Thompson invested $3000; six months later each invested $1200. Xo
interest account being kept, what has been tlie gain or loss, and the share of
each partner, if apportioned according to average investments ?
268 EXAMPLES IN" PARTNERSHIP.
10. Simmons and Sawyer commenced business with $25500 capital, of which
Simmons invested ^13500. It was agreed that Sawyer sliould liave $1200 a year
sahiry for attending to tlie business, and that tlie net gain should be divided in
proportion to investments. At the close of 1 year the partnership was dissolved,
the firm having resources to the amount of $;}7500, and liabilities, otlier than for
Sawyer's salary, to the amount of $4150. If neither made witlulrawals during
the year, what was the interest of each partner at closing?
11. Drew, Allen, and Brackett, each invested 1^15500 in a business that gave
the firm a profit of $21000 in one year. Nine months before dissolution, Drew
increased his investment $3000, and Allen and Brackett each Avithdrew $3000;
six months before dissolution, Allen invested $2000, and Drew and Brackett each
drew out $2000; three mouths before dissolution, Brackett invested $1000, and
Drew and Allen each drew out $1000. If no interest account was kept, and the
gain be divided according to average investment, what is each partner's share ?
12. A and B formed a copartnership for 3 years, A investing $7200, and B
investing $5400. At the end of G months A increased his investment by $1500,
and B Avithdrew $900; one year before the expiration of the partnership, each
withdrew $1000; and 6 months later each invested $500. The net loss was
$2400. How much should be sustained by each, if sustained according to aver
age investment; and if each be credited for interest at ^^ on investments and
be rliarged interest on withdrawals, what will be the present worth of each at
closing ?
13. Sept. 1, 1883, Martin and Gould engaged in partnership for 5 years, Martin
investing $13000, and the firm assuming his debts, amounting to $2750; Gould
investing $9G00, and the firm assuming his debts, to the amount of $1050. At
the end of the first year Martin withdrew $2000, and Gould invested $800. At
the end of the second year Cole was admitted as an equal partner, he making au
investment of $C000. One year later each drew out $1000; and six months
before the partnership contract expired, each invested $2500. Sept. 1, 1888,
the partnership was dissolved, at which time it was found that a net loss of $7500
has been sustained. If the loss was shared in proportion to average investment*
what was the loss o^ each partner?
MISCELIANEOUS EXAMPLES.
1. Hart, of Kansas, and Brown, of New York, form a copartnership in
the grain business; Hart to make jjurchases. Brown to effect sales, and they
agree to share equally the gains or losses. Brown sent Hart $12,000 cash; Hart
bought grain to the value of $14,382.50, and sent Brown 40 car loads of corn, of
600 bushels each, which Brown sold at 65^ per bushel. Hart paid traveling
expenses to the amount of $438.20, and Brown paid freight $1249.70. At the
close of the season Hart had in his possession wheat to the value of $1128.42,
and Brown had on hand 8300 bushels of oats, worth 28^ per bushel in the New
York market. They then dissolved partnership, each taking the grain in his
possession at the values stated. What has been the gain or loss, and how should
the partners settle ?
Remark. — By application of the principlea of debit and credit, as used in bookkeeping, a
bookkeeper may with ease and certainty close np the affairs of a partnership involving any
agreed division of gains or losses, interest conditions, or those of prior or subsequent insolvency.
EXAMPLES IX PARTNERSHIP.
269
Dr,
Hart,
Or. Br
!12000.00
1128.42
$13128.42
3183.29
$16311.71
114382.50
438.20
1491.01
$16311.71
Operation.
Brown.
Cr.
$15600.00
2324.00
$17924.00
$12000.00
1249.70
1491.01
$14740.71
3183.29
$17924.09
Dr.
Grain.
Cr.
$14382.50
438.20
1249.70
$16070.40
1491.01
1491.01
$19052.42
$17924.00, Brown's debit.
14740.71, Browirs credit.
$15600.00
1128.42
2324.00
$19052.42
$19052.42, sales of grain.
10070.40, purchases of grain.
$3183.29, excess received by Brown, or
the amount due from Brown to Hart.
2 ) 2982.02, net gain of firm.
1491.01, net gain of each.
ExPivANATiON.— Credit Brown for the $12000 cash sent by him to Hart, and debit Hart for
the same amount. Credit Hart for the $14382.50 paid by him for grain, and debit Grain for
the same amount. Credit Grain for $15600, the price received by Brown for the 40 car loads
of corn, and debit Brown for the same amount. Credit Hart for the $438.20 expenses paid
by him, and debit Grain for the same amount, as an element of its cost. Credit Brown for the
$1,249.70 freight paid, and debit Grain for the same amount as an added element of its cost.
Now under the dissolution agreement, debit Hart for $1128.42, the inventory value of the
grain taken by him, and credit Grain for the same amount, as having virtually been sold to Hart.
Debit Brown for $2324, the inventory value of the oats taken by him, and credit Grain for
that amount, as having virtually been sold to Brown. Having now disposed of all the grain,
the difference between its cost, Dr., and the returns from its sales, Cr., will show the gain or loss.
Foot the debits, and find the total cost to have been $16070.40; foot the credits, and find the
total receipts from sales to have been $19052.42, showing a net gain of the difference, or
$2982.02, onehalf of which, or $1491.01, should go to the credit of each partner. Debit
Grain for Hart's onehalf of the gain, $1491.01, and credit Hart for the same amount, to which
he is entitled by the partnership agreement; and for like reasons, debit Grain for $1491.01, as
Brown's onehalf of the gain, and credit Brown for the same amount, as his oaehalf of the
gain, and find that while Brown is entitled, as shown by his credits, to only $14740.71, he
has actually received, as shown by his debits, $17924, or that he has received the difference
$3,183.29, more than he is entitled to receive. Also find that while Hart is entitled, as shown
by his credits, to receive $16311.71, he has actually received, as shown bj^ his debits, only
$13128.42, or that he has received the difference, $3183.29, less than is due him. If then.
Brown pays the excess, $3183.29, that he has received, over to Hart, the accounts of both, as
well as the Grain account, will be in balance, and the obtained results will be shown as follows:
1st. Net gain, $2982.02. 2d. Net gain of each, $1491.01. 3d. Brown owes Hart $3183.29.
2. Hopkins and Hawley formed a partnersliip Sept. 1, 1880, for two years, and
agreed that the gains or losses in the business should, on settlement, be adjusted
according to the average investment. Sept. 1, 1886, Hopkins invested $0250, and
Hawley invested $4500. Three months later each invested $1750. On Mar. 1,
1888, Hopkins drew out $3000, and Hawley invested $2000. How should a gain
of $9400 be divided ?
S. Three boys bought a watermelon for 24'/, of which price Charles paid
9^, John 8^ and Walter 7?^. Ralph offered 24^ for onequarter of the melon,
which offer was accepted and the melon divided. How should tlie 24j^ received
from Ealph be divided among the other three boys?
270 EXAMPLES IN PARTNERSHIP.
Jf.. At the timo of closing business, the resources of a firm were: Cash,
$931.50; Mdsc, per inventory, S13196.25; notes and accounts due it, $8154;
interest on same, $211.50; real estate, $11150. Tlie firm owed, on its notes,
acceptances and bills outstanding, $7142, and interest on the same, $348.50; and
there was an unpaid mortgage on tlie real estate of $2500, with interest accrued
thereon of $88.50. If the invested capital was $22500, what was the net solvency
or net insolvency of the firm at closing, and how much has been the net gain or
net loss ?
5. Gray, Snyder and Dillon entered into partnership with equal investments,
and agreed that, in case no withdrawals of capital were ma4e, and no added
investments made by either, they should share the gains or losses equally; but in
case either party increased or diminished his investment, the gains or losses
should be shared according to average investment. At the end of G months Gray
withdrew $2000, and Snyder $3000, and Dillou invested $5000. Three months
later Gray invested $1000, and Snyder and Dillon each withdrew $1500. At the
end of the year they dissolved the partnershi]), having as total resources, $51000;
total liabilities, $10500. No interest account having been kept, what was the
present worth of each at closing, and what was the gain of each, the whole gain
being $6900 ?
6. Phelps, Kogers, and Wilder enter into partnership for five years. Phelj)S
invested $10000; Rogers, $20000; and ^Yilder, $30000. At the end of each year
Phelps withdrew $1000; Rogers, $1000; and Wilder, $1800. Upon final settle
ment, tlie value of the jmrtnership property was $57200. How much of this
sum should each receive?
7. Apr. 1, 1884, Smith and Jones commenced business as partners, Smith
investing $8000, and Jones $6000; six months later each increased his investment
$1500; and on Jan. 1, 1885, Brown was admitted as a partner with an investment
of $2400. On Oct. 1, 1885, each partner drew out $1500; on K\)V. 1, 1886, Smith
and Jones each drew out $1000, and Brown invested $6000. On Jan. 1, 1889,
it was found that a net gain of $37500 has been realized. What was the share of
each? If by agreement Smith, at final settlement, was to be allowed $1200 per
year for keeping the books of the concern, what was the present worth of each ?
8. Burke, Brace, and Baldwin became partners, each investing $15000, and
each to have onethird of the gains or sustain onethird of the losses. Burke
withdrew $2100 during the time of the partnership, Brace $1800. and Baldwin
$2000. At close of business their resources were: Cash, $3540; Mdse., 114785;
notes, acceptances, and accounts receivable, exclusive of partner's accounts,
$16250; real estate, $28500. They owed on their outstanding notes $8125, and
on sundry personal accounts $1950. Find the present worth of each partner at
closing.
9. Parsons and Briggs became partners Apr. 1, 1887, under an agreement
that each should be allowed G^ sim])le interest on all investments, and that, on
final settlement, Briggs should be allowed 10;^ of the net gains, before other
division, for superintending the business, but that otherwise the gains and losses
be divided in proportion to average investment. Apr. 1, 1887, Parsons invested
$18000, and Briggs $4000; Jan. 1, 1888, Parsons withdrew $5000, and Briggs
EXAMPLES IN PARTNERSHIP. 5J71
invested $3000; Aug. 1, 1888, Briggs withdrew I^ISOO; Dee. 1, 1888, tlie ])artners
agreed upon a dissolution of the partnership, having resources and liabilities as
follows:
Liabilities.
Notes and acceptances $6520.00
Outstanding accounts 21246.50
Kent due 1200.00
Resources.
Cash on hand and in bank $ 1101.05
Accounts receivable ] 6405. 50
Bills receivable 2550.00
Int. accumulated on same 287.41
Mdse. per inventory. — 9716.55
If, of the accounts receivable, only 80^ prove collectible, what has been the net
gain or loss? What has been the gain or loss of each partner? What is the firm's
net insolvency at dissolution? What is the net insolvency of each?
10. Bradley and Maben became partners July 1, 1885, under a 3year's contract
which provided that Bradley should have $1500 each year for superintending
sales, and that Maben sliould have $1000 each year for keeping the books of the
concern, and that these salaries should be adjusted at the end of each year and
before other apportionment of gains or losses was made. July 1, 1885 each
invested $12500. Six months later each increased his investment $5000. July
1, 1S86, Bradley drew out $3600, and Maben drew out $3000. Oct. 1, 1886,
Bradley withdrew $1000 and Maben invested $2000. July 1, 1887, each drew
out S1500. At the expiration of the time of the contract the resources exceeded
all liabilities $47280. What was the gain of each, and the present wortii of
each ?
11. Clark, Wilkin and Ames bought a section of Kansas land for $6400, of
which Clark paid $1600, Wilkin $2000, and Ames the remainder. Wheeler
offered $4000 for onefourth of the land; the offer was accepted, and each of the
four had set apart a quartersection for his exclusive use. How shall the money
received from Wheeler be divided ?
12. A, B, and C, formed a copartnership for 2 years, investing equal sums,
with the agreement that each shall receive interest at the rate of G^ on all sums
invested, be charged interest at the same rate on all sums withdrawn, and the
gains or losses shown on final settlement be apportioned according to average net
investment. Three months after the formation of the partnership A drew out
$1200, and six months later B and C each drew out $1000, and A invested $6000;
at the end of the first year each drew out $500. On closing the affairs of the
firm, the following statement was made: net gain, $15000; present worth, $75000.
What was the original investment of each? What was the present worth of each
at the time of dissolution? What Avas each partner's share of the gain?
13. A and B became partners for one year; A investing f of the capital, and
B f ; the agreement being that the gains or losses shall be apportioned accord
ing to average net investment, and that each partner be allowed 6ffe interest
per annum on all investments, and be charged interest at that rate on all
sums withdrawn. At the end of the year the firm had as resources: Mdse.,
per inventory, $21460; real estate, $15000; casli, $1950; bills receivable,
$13146.50; interest accrued on the same, $519.25; accounts due it, $11218.50;
272 EXAMPLES IN PARTNERSHIP.
store furniture, $1320; delivery wagons and horses, 12100. The liabilities were:
mortgage on real estate, $7000; interest on same accrued, $210; notes outstand
ing S26950; interest accrued. on same, 1811.75. The firm owes Barnes, Clay &
Co., of Boston, $33560. It is found that 33 J per cent, of the accounts due the
firm are uncollectible. If the firm's losses during the year have been $12000, how
much was invested by each partner ? What is the present worth or net insolvency
of the firm, and of each partner, at closing ?
14. Clay and Hard commenced business Nov. 1, 1883, with the following
resources:
Clay invested cash $10000  Hard invested Mdse., valued at ..$13500
Store, valued at. .. 12000 j Cash 3000
Marble fixtures, valued at 1500 i Good will of trade, valued at. . . 7500
The firm assumed an outstanding mortgage on the store of $6000, and a note
made by Hard for $3000, and due without interest July 1, 1884. Jan. 1, 1884,
each partner withdrew $300: May 1 , 1S86, Clay withdrew $2000, and Hard invested
the same amount. Jan. 1, 1887, Dunn was admitted to the partnership, with a
cash investment of $4500. Xov. 1, 1887, each partner invested $1000; and on
!N"ov. 1, 1888, the partners agreed upon a dissolution, the following being shown
irom the ledger of the firm:
Liabilities.
Xotes and acceptances $3825. 00
Interest on notes 114.60
Balance of mortgage unpaid.. 2150.00
Taxes on store, due 75. 40
Due Hard for keeping the books 5000.00
Besources.
Mdse. , per inventory $48450. 50
Cash ' 10918.20
Accounts receivable 23416.80
Eeal estate 15000.00
Movable fixtures and sundries, 3114. 50
It was agreed that Hard should, at the time of dissolution, be allowed $1000
per year for keeping the books of the concern. If no interest account was kept
and the gains or losses be apportioned according to average investment, what are
the net resources of the firm at closing ? What has been the net gain or loss ?
What has been the gain or loss of each parter ? What is the present worth of
each at closing ?
ANSWERS
Page 12.
Art. 64.
1. 45.
.2. 306.
S. 217.
4. 1647.
5. 979.
6. 262.
7. 853.
5. 599.
9. 1053.
iO. 1610.
Art. 65.
1. 3342.
.^. 22512.
26052.
161840.
223732.
2967515.
7. 813496.
S. 21423493.
9. 24543879.
10. 8179519.
1.
S.
3.
4.
5.
6.
7.
S.
9.
10.
11.
12.
13.
Art. 66.
133.36.
530.80.
553.61.
629.23.
421.34.
536.91.
948.69.
91.30.
314.61.
296.19.
488.35.
260.'54.
473.43.
Art. 67.
$3102.
Page 13.
5530 pounds.
33200 feet.
5114836332.
18
5.
6457434373.
Page 22.
(>.
515.
Art. 91.
7.
599100.
1.
126.
8.
£919760700.
2.
124.
9.
$519949564.38.
3.
54.
10.
£87197000.
4.
300.
11.
168 in.
6.
204.
12.
$178586.
6.
450.
7.
182.
Page 14.
8.
87.
13.
513281.
9.
114.
u.
50291783.
10.
475.
15.
3501409.
11.
408.
12.
4088.
Page 15.
13.
750.
16.
$3361127356.
u.
680.
15.
1248.
Page 18.
16.
693.
Art. 80.
17.
1197.
18.
832.
1.
613.
19.
3330.
2.
1609.
20.
712.
3.
2022.
21.
1440.
4.
13890.
22.
572.
5.
50000.
23.
585.
G.
64365.
24.
3015.
/ ,
151223.
25.
1300.
<S'.
57006.
26.
6987.
.9.
1407503.
27.
11184.
10.
213305.
28.
817.
11.
449.
29.
2553.
12.
30889825.
30.
4554.
13.
790000.
31.
7735.
u.
500.
32.
1540.
33.
2250.
Page 19.
34.
3450.
15.
3175 bushels.
35.
1298.
16.
139886 feet.
36.
13590.
17.
1594.
37.
8550.
18.
5 and 38576 rem.
38.
5250.
19.
929496.
39.
4500.
20.
1984 dollars.
40.
8679.
21.
12960 acres.
22.
$53440.
Art. 9:j.
23.
$6250.
1.
1608.
2J,.
$140.
2.
2535.
25.
708 miles.
3.
12012.
4.
1866.
5.
7245.
6.
9624.
7.
2650.
8.
23188.
9.
7665.
10.
3516.
11.
23413.
12.
9576.
13.
12976.
14.
14427.
15.
42084.
16.
1743.
17.
4152.
18.
12342.
19.
8333.
20.
35610.
21.
7872.
22.
27120.
23.
6454.
24.
53130.
Page 23.
Art. 94.
1.
19512.
2.
496736.
3.
7188.
4
28210.
5
559790.
6.
6410556.
7
17180824.
8.
229291455.
9.
6605212120.
10.
89336820048.
11.
1486262400360.
12.
2651701850220.
13.
463437665439.
14
10768229616048.
15.
321453090615.
Page 24.
Art. 99.
1.
615.
357.
3.
2664.
4.
41652.
5.
90855.
274
ANSWERS.
6.
8352192.
7.
7809840.
S.
7809840.
9.
7809840.
10.
7809840.
11.
7809840.
12.
780940.
13.
5184.
u.
5184.
15.
5184.
Page 25.
Art. 100.
1.
10017000.
2.
18941400.
3.
106326.
4.
257322000.
5.
41325000.
G.
252000.
tsi
864450.
8.
46232353.
9.
145152.
10.
109515.
11.
1305 cents.
J2.
990 dollars.
IS.
3030 dollars.
u.
2700 dollars.
15.
57708.
16.
238800800.
17.
2285 dollars.
18.
15378 dollars
19.
$645 gained.
no.
3720 dollars.
Page 26.
Art. 101.
$385560000.
$189739175.
$123224.
$15147.50.
$116816.
26784 ft.
7. 6717 $?.
8. $200.
9. 1689^.
10. 3361 {J.
11. $844.
12. 92700 pairs.
Page 27.
15. 358302^.
H. 2915 lb.
16. 71700.
16. $8158 gained.
in. $675.
IS. $2230.
19. $1899600.
20. $1649 gain.
Page 29.
Art. 112.
1. 8, 4. 2.
2. 10, 5, 4, 2.
3. 14, 7, 28, 8, 4.
Jf. 18, 30, 15, 6, 10.
5. 5, 3, 9, 15.
6. 9, 2, 3, 18, 4.
7. 12, 36. 6, 3.
5. 12, 21, 42, 7, 4.
9. 20. 4. 50, 25, 10.
10. 4, 12, 6, 2, 3.
11. 25, 5.
12. 12, 4, 16, 8, 24.
13. 8, 16, 2, 32, 4.
U. 6,40,15,24,10.
15. 20, 5, 8, 4, 10.
I 16. 12, 18, 24. 36,
48. 6.
i7. 5, 25. 35.
18. 16, 12, 3, 8, 6.
19. '36, 54, 12, 18,
9, 4.
20. 40, 20, 10. 25. 50.
Page 30.
Art. 117.
1. 323.
2. 315.
3. 281.
4. 529.
o. 3945.
6. 6744.
7. 17?ii
5. 13023y\.
SI. 6234L.
10. 417230xV
11. 12870.
if. 10880y''5.
13. 26751 .
i.^. 4637.
15. 475.
i6. 184GlyV
i7. 1361080^5.
18. 56026^7.
19. 11137tV
20.
21.
S.
9.
10.
11.
12.
13.
u.
15.
8.
0.
10.
11.
12.
111930yV
706369^^.
Page 31.
Art. 119.
3. 7. 217.
20. 5. 217.
11. 9. 217.
217. 10. 45.
217. 11. 45.
217. IJ. 45.
Page 32.
Art. 121.
AjSl
19H.
26fi
34^
179_3^.
371^.
371^.
sum
371^.
3T1A\
5173f
QOl 88 7
11005X4.
7965^.' "
Page 33.
Art. 124.
1039
i~4nj.
026 4
Kl 84
60A"A.
1 r; S9T4
Art. 125.
$103055.
IGOOO acres.
621 acres.
$3.
4yW miles, and
$138i.
36666667.
153536376 rem.
8.
9.
10.
11.
29.
30.
10.
11.
13.
6.
715 acres.
Page 34.
2114.
Page 35.
Alt. 12T.
1.
36.
2.
15.
3.
5.
4.
12.
5.
50H
6.
3796v«.
y_
481/^.
8.
12if.
0.
315lt.
10.
2823H
11.
746^<V.
12.
IIVA
13.
310Hf.
14.
61286t85V5
15.
265095iil§.
16.
3960^f.
17.
11471 Hi.
18.
7QQ7 3 503
19.
244ISUI.
20.
1000,1?^,.
21.
18053i§iH
; ,
0043537 6
23.
18555ff.
24.
5067970iff.
25.
160212if.
26.
10000,^14^
800044^^5^.
Art. 128.
0205 1 113
~7 3TXr4TS
$07605t4l.
4025.
KJl 4 1 7 00
$15416§§.
18/^ lb.
$641025f,=^. and
$53418H§f
14f miles.
348409iVff lb.
copper, and 104
070jVij lb. tin.
173/ii'V miles.
1720 bbl.
Page 36.
12. 164^^ years.
13. $2906070732 i%
and $14378213
08/j.
U. 257§5 men.
n. $115009119aj and
$544888262fJ.
18. 34r\.
20. 86781 lim.
32202S698
0O Ae 4 5 7 2 4 11
Page 37
Art. i:U.
1.
46.
2.
82 1.
3.
69f.
4.
4Hf.
5.
47 miles.
6.
$13764^4.
7.
76^.
Alt. 13.i.
1.
64.
2.
29.
3.
885.
4.
296.
6.
19.
6.
742.
7.
8751.
8.
8906.
9.
71237.
10.
17959.
Page 39.
Art. l.jy.
1. 3, 3, and 3.
2. 3, 3, and 13.
3. 3, 5, and 11.
4. 3, and 31.
5. 2, 2, 2, 3, 3, 3,
and 11.
6. 2, 3, 5, 5, and 7.
7. 2,2,2,2,3, and 3.
8. 5, 5, 5, 5, 5, and 5.
9. 2, 2, 2, 2, 2, 2, 3,
3, 3, and 13.
10. 2, 3, 5, 7, 13. 17,
and 19.
ANSWERS
375
Page 40.
Page 46.
G.
H.4 7 9«e 26SS
18»> '18»> "T8 8 >
Art
14G.
Art. 173.
V,V.and^«,V
1.
11,
7. 14.
1,
62 p 897
7.
3376 SOOO 7660
?000< »009> ^SOV>
,J.
12.
8. 50.
2.
8400 5800 anf\
9o00' iroOS' '»""
3.
16.
.9. 151.
3.
2260
»(fOO
4
18.
10. 63.
4.
5.
If. io. «v,'A.
S.
V2T.^W.W(f.
5.
G.
52.
45.
11. 70.
12. 25.
3«an
T50 •
Art. 174.
0.
1449000 708760
»4b;ooo> ^rsxim'
Pag
e41.
1.
h 6\ 5^.5.
BS31500 anl\
S4SOO0'. *"<!
Art
148.
2.
¥• 7. %v.
7360000 ■
SI45 0US >
1.
4.
7. 7.
3.
V. <?• HS^
75 8 000 1575000
945U00' SfBOOo
24.
8. 23.
4
30« q 20801
7 • ■^ ?5 •
.13835000 j,n/1
54 5 000^) anu
J.
2.
'J. 21.
5.
19 3 //I 14 5 2 7
7 3 5
94500<y
4
5.
G.
17.
51.
4.
10. 131.
11. 1.
12. 25.
Page 47.
Art. 176.
n>.
54000 69400
7 4 25 0' TT5?ff>
47025 S5 145
7rffS0> 'Ji^oO
19800 33000
7T5o<J» 7 42 3 0,
Page 43.
Art. 15.5.
1. 4S0.
2. 4o6.
■J. 1872.
4. 840.
5. 840.
(.■. 9504.
7. 7920.
<S'. 840.
9. 2520.
Page 44.
Art. 15«.
1. 64f.
.9 2 5
^. agy.
? 161
o*. 3 25
4. 120.
5. 971.
G. 90.
7 8064^
6'. 35x\.
5. 1080.
10. 86f.
ii. 45 bu.
12. 5 bbl.
iJ. 38 bales and 528
yards.
14. 720 yd.
10. 5J pieces.
17. 4h
18. 14.
19. 41»ibbl.
i^y. 2g sections.
6. 7. 22i
rs
ft » , . .
"If •^ ""TSa
85V ^0 14?&.
9. ssn^
Art. 178.
3 A 2
2 7 85
3 '• Y2
15
S
rs
9.
10.
Page 48.
Art. 180.
10
8 8
18 7 10
■SB '• TT5
18 o 84
^? ''• IJS
20
40
3f ^ T9J
Art. 182.
18285 unA
15120
245 7 0
3840 13800
■2'50StT' ^5080>
? 2 » •
18 lis 14 7 6,5
"20< "2 0"' "2 0' 50 •
•*'« and ^A**
'So > "■"" 20 •
10.
11.
stnri 1486000
anu YUfso
Page 49.
Art. 184,
I 5
T20>
815
BOf>
4 8 10
"i"2(7) I'SO'
and 1V5.
_6 6 8 8 8 8 11
^ffT' KOTi BO
358 q„,1 8 4
6 0f> ^"11 50f
49S 380 13860
lS5ff'T9 8ff» 198
880 4950 a,wl
1886
i»8 0
1080 1248 13 00
"iS60' lff«TJ' 1B«0>
13 65 3 180 8 82
156U> 1560> fStfO
and 780
18 10 6 5 3
GO' «U> BO' "b0'> so,
240 nnrlSOO
eu ' ^"" "80 •
24 40 9 90 6 90
90' 90, 90 > "9«>
186 810 anr\
90 » "90", *"^
90
4830 8698 148.8
i80"> "190 > T^r5»
103 5 .,,1,1 180
"ISO", '*"*^ 180'
ilf > 84 ' 8f »
735 272 onH
420
'8f •
1280 1880 1890
2520' 252ff, 5Tr2D»
2 18 2 10
2 3S0> 2520'
816 2205
2520' 2320'
??i" and 2?5?
18
2'3_
8160
2520' 2320'
2240 Q„,l 2 2 88
8520' '"•"'J 2520'
i 4 8 8 15 8
8ff' 18(J> 18 0'
492 1440 18
1»0' "180"' 18d>
630 2 89 6 niiH
18 0> 18 0"' •*""
48
18 0
1800 17.82 1760
1980, "rtSff> T980,
2 7720 1»H0
1 « uo
1980, ..V
27720
198 0"!
1710
17S0>
9865
l98ff>
81 780
TSSO •
1760
rise
1 » HO
19 8 0'
730 80
"1980'"
10698
T5da '
276
ANSWERS.
IS.
4.
6.
6.
7.
8.
9.
10.
1.
2.
3.
A.
s:
6.
7.
10
6 5 1680 8 6,0
840 STOO 2500
S 7 8 1800 880
Art. 186.
10.
TiTff'
1. 3. G. 31.
S. ^\. 7. 2.
3. 4. 5. 4.
3lf
01 9
^. 4tV. ?^ 2i
Page 50.
Art. 188.
1. 4.
J.171 1
4t5T5
Art. 190.
01 9 89
m09
.5U
58U
105f.
329A.
8. 715U.
9. 709xVg.
108f.
Page 51.
Art. 191.
1. 'i'h ~ 4i
:?. 3^ S. lU
5. 2HB 5 ^■
4. ^n 10. 4^.
5. 2t. ii. 3f.
6. 2§. i^. 5^V
Art. 193.
i.
lOoV//^.
;?.
244fJ.
3.
COoJUI
4
1055^.
5.
42 H.
€.
412H.
7.
lOOH acres
8.
1104IU lb.
2644xV lb.
5693^ bu. and
I3341H
Page 52.
Art. 194.
1. . 9. ^.
2. \. 10. 2^.
3. 1^. 11. A
A. . ?'• !!•
5. . 13. m
6. . 14. If.
7. H. i5. A
5. i.
Art. 195.
1. tV ^ *•
193 ;? 9
li ZJ 4.
A i4. i.
. ic. 2^15.
Art. 197.
1. i 7. M
2. h S ^•
5. i. 9. If.
^. iV io. f.
5. A. Zi. ^•
•5
25
>sS
Art. 198.
1. i,. 9. 3f.
 ^%. 10. 6f.
h 11. 4^.
A ^~' 5U
5. A i5. «>5^.
6. i. i4. 2^
StIj. 15. ^.
H ^<^ A
Page 53.
Art. 200.
1. 4. 9. 9.
^. 2f 10. 12*.
5. 9. ii. 9i
4. 17i. i^. 14^^
5. 2i. iJ. 5A
6. 3y«g. i4. 8it.
7. 7,^. 15. 99A.
.•?. S^j. i6. ITOi.
Art. 201.
i. 2i.
2. \m
3. 30J.
4. 20.
5. in.
6. 36f
7. 63x7r
5. 8f.
9.
10.
11.
12.
13.
14.
15.
150^.
39^.
198Sf.
e;ses48
59if.
87,«.
9691.
16. 487i
1.
f. •
5.
4.
5.
6.
9.
10.
11.
12.
13.
14
15.
16.
17.
18.
19.
20.
21.
•^2
23.
24.
Art. 202.
31
91
1 85
lA
6A.
^^21
125^5.
«74 3
4i6o
mi
323
55
fi 4S1
5931^.
49tVit
47f5 acres.
6fJ dollars.
Page 54.
$23HJ. gain.
660HH.
n4&i.
ft 51
$34i.
$12690H
^0 i *>'i~5'
Page 55.
Art. 204.
.1. n. 9. 4i.
2.
f
10.
1*.
3.
2i.
11.
a.
4
If
12.
9.
5.
5A.
13.
3i.
6.
2.
14.
14.
rv
3j.
15.
18.
8.
14.
Ait
. 205
1.
25.
9.
344.
2.
7A
10.
600.
3.
44.
11.
m
4.
30.
12.
297i
5.
124.
13.
265.
6.
26^.
14.
679.
7.
462
. 15.
7.
8.
94i.
16.
68.
Alt
. 207
.
1.
3.
9.
3f.
2.
6i.
10.
6i.
3.
10.
11.
12.
4
5^.
12.
m.
6.
35.
13.
10.
6.
2.
14.
16.
7.
15.
15.
36.
8.
6.
Art
. 208.
1.
46f.
9.
63.
Z.
49.
10.
427.
s.
33.
11.
45.
4
77.
12.
84.
6.
49i.
13.
65^.
6.
2U
14.
168t»c
7.
152.
15.
6972.
8.
3.
16.
448.
Page 56.
Art. 210.
r 4 O 25
2. i. 10. .
5. A. 11. If.
4. if. 12. Nn
6. A 13. m
6. y%. 14 f§J
7. 2tV. ?5. A
*. hi 1(^ i
Art. 211.
1. $. 4. A
5. iA. 5. A
5. IH. 6. ^.
Page 57.
7. llf, and 8^.
ANSWERS.
277
s.
9.
10.
11.
VS.
IS.
u
1.
2.
S.
4
B.
6.
7.
8.
9.
10.
11.
12.
13.
U.
IS.
16.
17.
18.
19.
SO.
90, and $60.
$1.
$i.
$i.
lifV
n gal
Art. 213.
1 17S9
■'tboo
1340713^.
10667478x^5.
80134846IH.
18786149735tV
1160851.
u
$87^.
561^ acres. /
159^t bbl.
$6A.
$35U gain
Page 58.
Art, 214.
^ lo: A.
XT
A 12 ^v
A 13. If.
A
Art. 215.
8 q 751
T55 ''• 'BS
^I'oV i^. 24^i
xfr. i5. 34ii.
4i. i^. 20i.
3f?. i5. li^V
99§. i6. 531 J.
Page 59.
Art. 217.
1. 39. ii. 12^.
^
5.
6.
7.
8.
9.
10.
11.
12.
13.
U.
15.
16.
17.
18.
19.
20.
19f 12. 3f.
31f. IS. 24.
51. U. 67i.
888. 15. 81.
20. 16. 40.
22. 17. 300.
67/^. 18. 14f.
53^. i9. 36.
3f. 20. 21.
Art. 218.
$72.
5 shares.
40 families.
24 bu.
5 da.
$iH
3089^, or 3090
sacks.
Page 60.
Art. 220.
2i. 10. f.
U ii. H
f i~'. 14.
16. U.
T5
Art. 231.
1 6
1^
76
T7K
1196
809
10886
ItSTB
19
8600
8Sd8
351.
18 da.
13.
12i da.
1223/A bu.
8341 cords.
184U bu.
23. 279i miles.
Page 61.
Art. 223.
1. 2.
q 71 1
J. (35.
6'' ^4
5.
6'.
7.
5.
9.
10.
11.
12.
13.
U.
15.
16.
17.
IS.
19.
20.
21.
25.
26.
29.
30.
31.
32.
33.
34.
35.
36.
37.
38.
39.
40.
41
$14000.
$6772^1.
3bu.
21b.
$135000.
323^y5, sulphur,
215^Vff salt • ""^
1615fi char.
$52500.
$80 watch, and
$35 chain.
Page 62.
$5.
15 days.
$19000.
$67837i.
51 + ^
$2.
$248,701.
3iWij J^iles.
$5.
$13200.
336 trees.
1001b.
$67i.
$6. $15 and $16.
62i years.
S $1190, H $476
and R $544.
90^/5 years.
Page 63.
$35 and $40.
105.
6tbu.
22* da.
J .$475, C $38
40 ft.
94^ ft.
Cow $30, colt
$94.
2 p. M.
36 ft.
405..
H $216, C $324.
42.
43
U
45
46
4
48.
49.
50.
51.
.52.
53.
54.
55.
56.
58.
59.
60.
61.
62.
63.
64.
65.
66.
68.
69.
70.
71.
30t years.
6 da.
5Ay da.
425 da.
67^ da.
S $180, B $150.
150 ft.
Page 64.
1 3
15
176 rd.
14 min.
Ben 7^, John \<f.
28 bu. andSObu.
5^ min. past 1
o'clock.
27t\ min. of 7
o'clock.
\0\^ min. of 10
o'clock.
5^ min. of 11
o'clock.
60.
52^^ loss.
$1500, $3000,
$4500, $6000.
62yST yards.
A $19.75, and B
$15.80.
15 hr*
4 min.
55 yr.
A " $11tV^, B
$14,Vy and C
$10rl5
Page 65.
B42^, S25; B
$16. S $28i.
llfl^da;
C $32f f ,
II S25ff,
T $22if
L $193Vt
16f da. ; A, $44
^;andB,$30
1 .IS
$7350. A, $2650;
B, $2700; C,
$2000.
H,216;M, 129f;
and B. 64.
81 da.
49H
27i
3
ANSWERS
•
u.
434.
13.
.000900.
' 9.
5S1S
4.
106 /,>. 35
75.
H,$33i;M,55f,
11
.00000009.
' 10.
7807
5.
lil
and B, %\\\\.
1.',.
54054054.005405
11.
2001
6.
ISH
76.
A, 135 da.; B,
0054.
12.
18081
Art. 251.
169^ da.; C,
188i da.; D,
16.
17.
103.587.
640.64.
13.
u.
^'s 5 00 •
4926
1.
2
129.341.
848.1816.
1652.461772.
67* da.
IS.
26.04002.
15.
1000267
3.
77.
AandB,75ida. ;
19.
9019.029039.
16.
Tf^TboojMf
4
12638.517762.
A and C, 78ff
20.
7.7.
'17.
5A.
5.
2002.55141194.
da.; A and D,
21.
870.01.
18.
13AV
6.
8688.0148502.
45^ da.
^
479027004.00000
19.
ii'lU
i ,
24018.46093544.
7S.
A, B, and C,
99004.
20.
3005^'V
534tda.; A,C,
23.
70000000000000
21.
1600^^.
Page 74.
and D, 36JA
da. ; B, C, and
;?4.
.000000000007.
1100.0011.
22
1000000
1
8.
9.
13444.61870921.
10 000000 0
1004219.317454.
D, 38ff da.
20.
.000003001.
23.
1234500
10.
57597.358230005
79.
20,'A 'la.
26.
.001003.
11.
7003122.0011890
80
A, 77,1^^;
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9997.
B, 58,V^Vir;
28.
.00000605.
ToTnnSCTTTi'
12.
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C, 47ftH;
29.
1890.0000000189
25.
188900
5 9
13.
1017.84375 A.
D, llSAV/j
0.
3TT50000
14
1798.9425 bu.
Page 60.
Art. 338.
1.
Art. 240.
.25.
.0106.
1.
2.
Art. 246.
.0625.
.65.
15.
16.
17.
395.8125 yd.
376.
9262.
1.
.026.
07
3.
.00256.
3.
.275.
Art. 253.
3.
i.
5.
C.
.lit i.
.0016.
.04.
.00032.
5.7.
4.
5.
6.
9.01.
1.476.
.193024.
.00504.
4.
5.
6.
7.
.09375.
.1375.
.52.
.0525.
1.
2.
3.
4
.811357 f.
2.23985+.
1.7912
1.9^7703945.
8.
2146.9003.
8.
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8.
83.0504.
710.00243.
9.
10.
56973.805.
.1934675.
9.
10.
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5.
1384.4959234662
2.
9.
10.
11.
12.
13.
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500.05.
45.046.
1001.0100.
1890.090.
850.05.
1000.10.
Art. 239.
11.
12.
IS.
u.
15.
16.
17.
33254.81.
.00001876.
10.007.
.00097.
15.0015.
.035700097.
219760.0801.
11.
12.
13.
14.
15.
16.
17.
.9375.
.015625.
.0015625
.8875.
.00024.
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.984375.
6.
1.
2.
3.
1
5569.3518126587
42.
Page 75.
Art. 355.
.412.
.52977.
.6863.
5.5264.
1.545648.
54.2294.
1.
11.107.
IS.
.046700004.
18.
.028.
2.
3.
15.0014.
.000726.
19.
2v.
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1101.10011.
19.
20.
21.
22.
23.
u.
25.
.308.
.95.
.94.
.226.
.034375.
.76.
.015625.
4
5.
6.
4.
5.
6.
/
1106.0012.
1600.16.
10000000.000010.
3.65.
1.
Page 72.
Art. 244.
A
8.
9.
10.
754.6005.
10000.0999.
.3148.
213.889625.
Page 70.
3.
iTcrV
11.
.810.
S.
25400.11.
4.
a u u
Page 73.
12.
135.25740.
9.
21.0015015.
5.
u
Art. 249.
Page 70.
10.
.0000018018.
6.
661
1.
2
11.
.500.
7_
98 9
2.
f
Art. 257.
12.
.00005.
S.
iVs
3.
II
1.
.546.
ANSWERS.
279
S. .01968.
3. 1.26875.
4. 39.9024.
5. 23469.986904.
6. 4625520.705.
7. 1.
<^. 9.
9. .625000.
10. .87000.
11. 7231.98325125.
12. 49.
13. .1.
U. 275400116.25610
02754.
lo. $20217.72.
IG. $536.88.
17. $937.04.
18. $336.33.
Page 77.
Art. 260.
1. .25.
2. 305.
3. 250.
4. .5.
5. .05.
6. 50.
7. 500.
8. 4000.
5. 2000.
i(?. .002.
11. .000025.
12. 183100.
IS. 5.5875.
i.#. 5252000.
i5. 50.
1C>. .00007.
27. .001.
18. 4000.
i». 1000000000.
^C. .000001.
21. 25.
i'.^. 4000000000.
23. .15.
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^5. 1.
10.
100.
100.
1000.
.1.
1.
10.
100.
01.
2G. .1.
.01.
.0001.
.00001.
.001.
10000000.
100000.
.00000001.
.0001.
100000000.
27. .02.
200.
.02.
.0002.
.00000002.
200000.
20000000.
.0000002.
.000000000002.
10000000000.
Pajfe 78.
28. 64006464C4047.0
4U6404000064.
2U. 250252502527.75
2750000025.
30. 40000400000.044
800440044.
31. 400044440440.00
0000140004.
32. 30030330000.003
60306.
33. 150001650151.80
1650000015.
Page 80.
Art. 366.
1. 1991.1198244.
2. .61032010.
■ 3. .1625.
/ «oi
"f TOOoO
5. .0038462.
C. 2116.99454."
7. 187.2996.
8. $7,766.
9. 41.299781.
10. 7.029956572371
000.
11. 999999999.99999
9998.
12. .90.
13. 572501.2525.
U. $1100.869.
i.5.
12711.8755*.
IG.
10.625.
17.
1011.6.
IS.
6.875 da.
19.
$274. .58.
20.
$24.9331f
8.
9.
10.
11.
12.
Page 84.
Art. 387.
ooo^.
11100^.
$2.41.
$10.44.
$214.68.
$18.
$510.
$98.76.
100980.
375i^.
26530.
157320.
Art. 389.
/. $88.84.
Page 85.
2. $144.89.
3. $4337.77.
.'i. $221.53.
5. $378.07.
6. $877.29.
7. 384.51.
cS'. 1088* 0.
.'/. 4073^ «.
10. 3065* 5.
11. 8968*.
12. 2094.15.
Art. 291.
1. $8179.88.
Page 86.
2. $4859.76.
3. S5669.60.
4. $29.52.
o. $839.26.
.S33.73.
i;_
Art. 393.
1. $2284.35.
$1315.63.
$7.13.
950 bu.
$344.73 gain.
$91.10.
Page 88.
Art. 394.
7
26 and 39.
8
16^\ min. j
3 o'clock.
9
Midnight.
10
B. 12, A.
C. 78.
11
B. 840 and
450.
12
1900.
Page 93.
Art. 304.
1.
$143.
$384.
3.
$65,875.
4.
$113.75.
5.
$291.83i.
6.
$133.31^^.
7.
$247.60.
8.
$63.05.
9.
$1.2U.
10.
$3.70.
11.
$67.71^.
12.
$10.50.
13.
$841.15.
u.
$1156.97.
Page 94.
Art. 306.
1.
$75.
2
$358.75.
3.
$22.13.
4.
$53.50.
5.
$1125.
6.
$612.
7.
$3281.fi5.
8.
$382.
9.
$24.06.
IG.
$45.56.
11.
$34.
12.
$1567.50.
13.
$187.50.
14.
$281.25.
15.
$125.25
IG.
$370.
17.
$2750.
IS.
$46.25
19.
$50.25
20.
$86.25.
21.
$156.25.
aftei
26.
O,
280
Art. 307.
2.
$2507.96.
Page 95.
2.
$3324.46.
3.
$4321.26.
4.
$5282.20.
5.
$8096.48.
0.
$3364.72.
Page 96.
Art. 309.
1.
231b.
n
4627.5 yd.
.'.
61b.
■'{.
763.2 yd.
5.
876.5 doz.
6.
371 lb.
7_
81.5 yd.
S.
115.2 acres.
9.
689 yd.
JO.
123 lb.
11.
$40.96.
Page 97.
Art. 311.
1.
$21.91.
r9
$92.68.
.?.
$70.07.
4.
$28.35.
5.
$148.28.
6.
$31.68.
7.
$25.31.
8.
$89.10.
9.
$63.63.
10.
$35.65.
Art. 313.
1.
$24.75.
2.
$14:66.
3.
$158.76.
4.
$123.18.
5.
$53.
6.
$38.75.
7.
$19.80.
8.
$100.32.
0.
$140.81.
10.
$34.78.
11.
$68296.35.
12.
$2819.31.
Page 98.
Art. 315.
1.
$4.02.
ANSWERS.
(0
$4.71.
S.
$66.21.
3.
$78.70.
4.
$13.84.
Page 105.
5.
$2014.46.
Art. 328.
6.
$2016.46.
1.
$943.54.
7_
$941.63.
o
$57269.94.
8.
$21.06.
0.
$2.77.
Page 106.
10.
$19.51.
Art. 329.
11.
$296.24.
1.
$115.68.
12.
13.
$15.77.
$56.72.
2.
$560.50.
$1528.75.
14.
$66162.39.
4.
$190.33.
Page 99.
Art. 317.
J.
$272.35.
$429.14.
1.
$28.56.
Page 107.
a
$28.08.
7.
$524.03.
o.
$52.83.
s.
$1718.01.
4.
$39.29.
9.
$168.68.
5.
6.
' $24.66.
$27.15.
10.
$322.29.
S.
$55.67.
$58.33.
Page 112.
0.
$174.78.
Art. 355.
10.
$132.36.
1.
450 min. 51 sec.
11.
$121.68.
■)
23 hr. 5 min. 29
12.
$242.79.
sec.
13.
$333.31.
3.
7 da. 1 hr. 30
u.
$109.57.
min. 51 sec.
15.
$198.91.
4
24 yr. Imo. 5 da.
16.
$28.16.
6 min.
17.
$11.57.
5.
63321 hr.
IS.
$12.06.
0.
Jan."l4, 1889.
19.
$60.89.
7.
3405 da.
20.
$30.14.
8.
1169 da.
21.
$15.62.
9.
11 mo. 9 da.
.>>
$1941.92.
Page 101.
10.
1 yr. 10 mo. 19
da. 19^ hr.
Art. 326.
Page 113.
1.
$9.03.
11.
No difference.
Page 102.
12.
939613.7 sec.
2.
$49954.08.
Art. 358.
3.
$191.52.
1.
35° 54'.
2
24' 16' 46".
Page 103.
3.
3S. r 49'4r.
4
$1812.31.
4.
1296000.
Art. 327.
5.
4907'.
1.
$46731.53.
G.
205737.
7.
136° 2'.
Page 104.
8.
21600'.
2
$967.31.
9.
8° 39'.
Page 115.
Art. 363.
1. 2 hr. 30 min. 24
sec.
2. 41 min. 40 sec.
3. 57 min. 44 sec.
after 3 a. m.
4. 1 hr. 52 min. 8
sec.
5. 16 min. past 8
p. m.
. Art. 365.
1. 47° 59'.
2. 35° 13' E.
S. 74° 58'.
Page 116.
4. 36° 52' 20" N.
5. 77° 1'.
Art. 366.
1. 180°.
2. 180°.
3. 4 5 16 p. m.
4. 6 33 40 a. m.
6 min. of 1
p. m.
6 a. m.
10 9 20 p. m.
1 21 2U p. m_
3 min. 48 sec.
past 7 a. m.
Page 117.
Art. 371.
1. £256 4 s.
'. 248 s. 3 d.
3. £54 6 s. 10 d.
4. £195 4 s. 4 d. t
far.
Alt. 373.
1. 6480 d.
2. 956 far.
3. 38853 d.
4. 39450 far.
5. 13206 far.
Page 118.
Art. 375.
1. $350.26.
2. 4525.80.
3. $63544.40.
ANSWEKS.
281
4. $15.03.
r,. 154.29.
Art. 3 77.
1. £38 3 d. 2.4 far.
2. £63 7 8. 10 d.
3. £513 14 s. 3 d.
3 far.
4. £751 14 s. 3 d.
r,. £32621 2 s. 8 d.
1 far.
Page 124.
Art. 393.
1. 7653 pwt.
2. 155948 gr.
3. 4 lb. 11 gr.
If. 5 lb. 3 oz. 2 pwt.
9gr.
5. 432 gr.
6'. i^ pwt.
9. 1 OZ. 13 pwt. 18
gr
it;. 12 pwt. 12 gr.
11. AVlb.
12. mib.
13. 7 oz. 14 pwt.
4.8 gr.
U. 18 pwt. 2.4 gr.
15. .297616 + lb.
16. .875 oz.
17. 472 lb. 1 oz. 12
pwt. 8 gr.
Page 125.
IS. 211 lb. 11 oz. 19
pwt. 21 gr.
19. 2 pwt. 20. 4 gr.
20. .0067+.
21. 81b. 2 oz. 13 pwt.
6gr.
22. 18 lb. 9 oz. 14
pwt. 2 gr.
23. $8032.50.
24. $1924.39.
25. 5 oz. 2 pwt. 17
gr
26. 1 oz. 13 pwt. 8
gr.
27. $11655.
28. 73 lb. 2 oz. 8 pwt.
19 gr.
29. $154.22.
30. $360.67 gain.
Page 127.
Art. 395.
1. 34669 lb.
..'. 15 T. 12 cwt. 75
lb.
.i. 12 cwt. 50 lb.
4. 56 lb. 4 oz.
5. 7 cwt. 68 lb. 6
.4 oz.
6. 12 cwt 50 lb.
" 7089 T
8. llScwt.
9. .24125 cwt.
10. .99996875 T.
Page 128.
n. 30 T. 1 cwt. 94
lb. 11 oz.
12. $72.81.
13. 2 T. 5 cwt. 84 lb.
Art. 397.
1. 17 lb. 9 oz. 5 dr.
1 sc.
2. 5896 dr.
.'f. 11 oz. 3 dr. 2 sc.
.8gr.
5. 63 sc.
6. 6 lb. 9 oz. 6 dr.
11.5 gr.
;. 1 lb. 2 oz. 4 dr.
1 sc. 4 gr.
S. 7 lb. 3 oz. 4 dr.
12 gr.
9. 6 lb. 2 oz. 6 dr.
1 sc. 8 gr.
10. 15 lb. 10 oz. 5
dr. 2 sc. 8 gr.
;/. 11 oz. 2 sc. 4^i
gr
Page 129.
Art. 398.
1. $1477.27.
2. $2255.25.
3. 61b. lOoz. 15gr.
4. 18 lb. 6.43? oz.
$254.49.
$5.04.
Art. 400.
1. 928 pt.
2. 599 pt.
3. 180bu. 3qt.2pt.
4. 7 qt. If pt.
Page 130.
.7. 5 bu. 1 pk. 1 qt.
1 pt.
',. 83 bu. 1 pk. 3qt.
IfPt.
;. $184.12.
Art. 403.
1. 5932 gi.
,?. 31 bbl. 7 gal. 1
pt. 3gi.
V?. 651.168 gi.
4. 6 gal. 2 qt. 1.16
g'
,J. $71.75.
6. 7 gal. 2 qt. 1 pt.
V^ gi
;. 13 gal. 1 pt. 1 gi.
5. $19.16.
'.). $72.58, gain.
Page 131.
Art. 403.
1. 1579A pt.
2. 134.5 + pt. gain.
3. $.52 gain.
4. $5.25, gain.
5. $7.99 less.
Page 132.
Art. 409.
J. 127002 in.
2. 39 mi. 155 rd. 4
3'd. 3 in.
3. T^tyY"?
/,. 213 rd. 1yd. 2 ft.
6 in.
o. %\ rd.
6. 173 rd. 2 yd. 1ft.
812 in.
7. .892+.
S. 123 mi. 162 rd. 3
yd. 1 ft. 4 in.
9. 1593 mi. 312 rd.
2 yd. 1 ft. 8 in.
10. 484 mi. 53 rd, 1
yd. 2 ft. 6 in.
Page 134.
Art. 424.
1. 35676648 sq. in.
2. 1344984421 sq.ft.
3. 112 A. 40sq. rd.
261 sq. ft. 51.84
sq. in.
Page 135.
4. 110 sq. rd.
5 4 4 aOS440 g sq. mi.
6. .9382+ A.
7. 101 sq. rd. 2 sq.
yd. 21.6 sq. in.
8. 4 A. 83 sq. rd. 6
sq. yd. 64 sq.
in.
9. 31 i squares.
10. 63 yd.
11. 90 ft.
12. 230 ft.
13. 25 A.
U. $107156.25.
ir,. $3277.97.
16. 357i rd.
17. 414? ft.
18. 130i A.
19. Not any.
20. 2 sq. rd.
21. 2%%.
22. 4 A.
23. 58^ rd.
24. 12.
25. 26A.llsq. rd. 4
sq. yd. 5 sq. ft.
36 sq. in.
26. $60.06.
27. $10.56.
28. 9 A. 110 sq. yd.
3 sq. ft. 54 sq.
in.
29. 38 A. 59 sq. rd.
12 sq. yd. 5 sq.
ft. 112 sq. in.
30. 640 rd.
31. 320 rd.
Page 136.
32. 60 yd.
33. $40.30.
34. $58594.44.
282
ANSWERS.
S5. $188404.
36. $15.63.
37. 43 rolls.
3S. 128J yd., 130
yd., and $327.
25.
39. 486U.
40. 12 sq. ft.
41. $9.46.
4^. 28512.
43. 52.177+ ft. and
104.354+ ft.
44. 147840.
45. $74.36.
46. $204.73.
Page 137.
Art. 430.
1. 1.
2. 9.
3. 16.
^. 25.
5, 81.
6\ 100.
7. 9801.
s'. 65536.
Page 139.
Alt. 439.
1. 14.
S. 15.
^. 12.
4. 24.
5. 35.
6. 75.
7. 206.
<9.. 11.2.
.0. 7.09.
10. 21.954.
i/. 5.07.
Page 140
12.
10.3156.
13.
f.
14.
f.
l.'>.
.968 H».
10.
.85+.
17.
5510.8 +.
18.
68548.66+.
Art. 446.
1.
10.
.<>
49.777.
5.
6.
3.
9.
10.
11.
i:.
13.
U.
15.
Page 141.
108.25+.
60.81 +.
56.796; 113.592.
208.71 + ft.
1866.76+ ft.
660 ft.
124.03 + ft.
77.88 + ft.
72.56 + ft.
452 id., 8
10.92 + in.
226.42 + rd.
720 rd.
208.80 rd.
ft.
Page 142.
Alt. 448.
1. 211618.48 in.
S. 1 mi. 68 elf. 1 rd.
161.
3rd. 181.59.4in.
7624 1.
7ch.l41. 2.27f iu.
8927,\ ft.
1924* rd.
S. 16 ch. 91 1. 5.22
in.
.'/. 2738 steps, llf
in. rem.
Page 145.
Art. 459.
1. 10 cu. yd. 1533
cu. in.
2. 6178581.
3. 8cu. yd.972cu.
in.
4. 7200 cu. ft.
5. 508i cu. yd.
247 j\ pch.
Trr/sTff cu. yd.
cV. .2615 + cu. yd.
9. ^3^ cu. ft.
10. 14 cu. ft., 302.4
cu. in.
11. $2320.76.
12. $2656.78.
13. 650471 bricks.
14. 47i cd.
15. 39^ j cd.
16. 26 ft. 9/5 in.
17. $227.11.
18. 54468f lb.
19.
20.
■21.
S.
9.
10.
11.
12.
13.
14.
15.
16.
1:.
IS.
19.
4531i lb.
46656.
10 cu. yd. 20 cu.
ft. 1339icu. in.
659.709+ pch.;
254013 bricks;
$1169.41.
Page 146.
198cu. ft.
27.52+ bu.
Page 150.
Art. 474.
12.
25.
48.
404.
12.898 +
49.21+.
36.1 +.
.8+.
.92+.
2.90 +.
15.177+.
.160+.
.97+.
Page 151.
10 ft. 1 + in.
47 ft. 5 + in.
5ft. 4 + in.wide;
10 ft. 9 + in.
high, and 37 ft.
7 + in. long.
14 ft. 2 + in.
7 ft. 7 + in. deep,
and 15 ft. 2 +
in. square.
Page 153.
Art. 492.
78 sq. ft.
85.498 sq. yd.
32 A.
360 A.
259.182 ft.
472. 68 + ft.
12.27 + A.
88. 6 + ft.
29.7+ in square.
lu. $37.70.
11. 26649.9 gal.
/.. 45 sq. ft.
Page 154.
13. 26 sq. yd.
14 201.0624 sq. in.
15. 33.5104 cu. ft.
16. 1260. 9 +.
1:. 4564.2 + mi.
IS. 117.6264 gal.
19. 22.3074 gal.
Page 157.
Art. 502.
1. £359, 12 s. 1.8.
+ far.
'. .Tan. 3, 1870.
3. 420 sq. ft.
4. 2.295+ A.
5. 122.18 + pch.
6. 17280 shingles.
7. 27^\ rd.
<s'. $65.66+.
9. $14.04.
10. 117.77 + A.
11. 220.85 qt.
12. 17 da. 13 hr. 13
min.
13. 143823.788 fr.
14. 1424} « I fr.
15. 3647641 » A bbl.
ir,. 58 min., 39.2 +
sec. after 10
o'clock A. M.
n. $16.56.
18. 222.63+.
19. 2471 5.7+.
20. 15yr. 80da. 5hr.
33 min. 20 sec.
21. $11.20.
Page 158.
22. 65iyd.
23. 28T. 8.9 + cwt.
24. 42" 30'.
25. 229.2784 lb.
20. 14 min. 20 sec.
after 1 p. M.
Aug. 19, 1909.
27. 10710.38 + fr.
28. $145.10.
29. 5199.306 + mar.
30. 72r\ ft.
ANSWERS.
283
34.
So.
36.
39.
40.
41.
^?.
43.
44.
45.
46.
47.
48.
49.
■50.
■61.
52.
.53.
54.
1.
2.
4.
5.
20 A. 4 sq. rd.
31 sq. ft.
7 Mm. 6 Km. 7
Hm. 2 Dm. 6
M. 8 dm. .438
cm.
Coat $7.54, and
vest $3.28.
78 sq. rd., 106
sq. ft., 25.56.
sq. in.
$25.03 gain.
$414.95.
302.379 sq. ft.
$4026.10.
$446511.63.
G17A.,120sq.rd.
$.31.
$890.25.
25.19 + ft.
Page 159.
$6189.51.
161 ft.
$188.67.
$6431.23.
64 rd. 9.6+ ft.
$14.39.
2.886+.
5 da.
24 lb. 10 oz. 7
pwt., 2.95 gr.
14 ft. 4 + in.
24.33 da.
2 mi. 108 rd. G
ft.
Page 1G2.
Art. 533.
1. 5.
2. 72.
3. 120.
4. 100.
5. 300.
0. ■^.
7. 360.
8. 36.
9. 340.
Art. 684.
150 A.
872 sheep.
$28653.75.
198.24 lb.
2 1b. 10 pwt.
6. $621.
7. $86.79 gain.
8. $14375 and $8125.
9. $32.50.
10. 725 bu.
Page 163.
11. $17500.
12. $682.50.
13. $266666.661.
14. $22720.50.
15. m A.
16. $ll04.
17. $36453.10.
18. $42.50 gain.
Art. .526.
14100.
21500.
10860.
4. 657.
5. 20000.
6
Page 164.
7. $4000.
8. 250 A.
.'/. $108.
Art. 537.
1. 400 bales.
2. $740.88.
3. $1475.
4. $693. 33i.
5. $40300.
6. $538294.12.
7. $90000.
S. 101040.
.''. 70000.
10. $180000.
Page 165.
Art. 529.
1. 20j?.
25;?.
3. 50^.
4. m%.
33i^.
s. 20oor^'.
9. 3000;^.
Art. 630.
1. 25%.
2. Z\%.
33i^.
'2.%.
53ijr.
3623\^.
33i,'?.
56}?;.
25;?.
Page 166.
Art. .>33.
1.10, ami. per.
cent.
1.75, ami. per.
cent.
2.10, amt. per.
cent.
1.161, amt. per.
cent.
1.87^, amt. per.
cent.
Art. 533.
1.05 per cent.
1.09,',;?.
i.40r;.
Art. 535.
.85, difference
per cent.
.62^, difference
per cent.
.99^, difference
per cent.
.96 J, difference
per cent.
.30, difference
per cent.
Art. 536.
712';.
68;f.
.60, difference
per cent.
Page 167.
Art. 538.
1650.
1695.
462.
1180.
277.2.
2580.
840.
8. 637.
9. 450.
10.
Art. 539.
$14512.50.
$456.
$11200.
816.
3537.
$886.50.
Art. 541.
12.
150.
945.
Page 168.
4.
612.
5.
1200.
6.
500.
7.
5.
8.
567 ft.
Art. 543.
1.
$2843.75.
2.
581 i A.
3.
$2053.13.
4.
$632.50.
Art. 544.
1.
600.
2.
400.
■'■
300.
Page 169.
4.
100.
5.
$4000.
Art. 545.
$1000.
$4.51.
$7950.
$480.
$106.
$3200.
$30000.
$10000.
500 pupils.
Invest, in farm.
$280.
Page 170.
Art. 648.
AAS4r
0*25 ,.
68 lb.
284
ANSWERS.
5. 80^.
4. 123333333. 33i.
5 23H. 425, and
33J.
6. 77 yr.
7. $108.
5. H.200,3I.$170
C. $15.
9. $1081.25.
10. 25 lb. warp, and
71i lb. rags.
11. $160, and $224.
12. $113.78.
IS. \\% gain.
Page 171.
1^. $i{387.50.
15. $1045.45 +.
IQ. 216:;+.
11. 21^Y<, 21M!f. ""J
ij?. 100 bead.
19. &^^.
^0. 25^.
21. $6344.40.
S2. ISi'Tr.
23. $1000 loss.
24. 400.
f5. 3000.
26. 77i^.
i?. 10 yd.
£8. $4856.25.
29. $60250.
Page 172.
50. Grazing, 504 A. ;
grain, 420 A ;
timber, 936 A.
51. $192 C.
32. A $93840. and B
$69360
33. $22400.
34. Not any.
35. 7500, 9750, 6825,
and 9555.
36. Clover, 450; tim
othy, 450; or
chard grass, 150
and 50 red top.
j:. $81.20. $101.50,
$182.70.
38. 16?.
39. $22629.31.
40. $1750, $3062.50,
$6125, and
$8575.
41. 25600 T.
42. Wife, $21750;
D., $10000; Y.
S., $12500; and
E. S., $13750.
Page 173,
Art. 557.
1. $9.
2. $48.
J. $750.
Page 174.
$50.
$32.
$320.
$225.
$2100.
$700.
.\Tt. 558.
1. $592.50 gain.
2. $3997.50 loss.
J. $677.25 loss.
4. $9.47 gain.
5. $184.92 gain.
6. $6 gain.
:. $10 16 loss.
S. $22.97.
;/. $133.59.
Page 175.
Art. 560.
1. $100.
„'. $3500.
J. $10000.
4. $4400.
o. $40.
C. $300.
?. $900.
5. $1050.
5. $1.
Art. 561.
;. $57.. 50.
.?. $500 and $625.
J. $600.
.^. $700.
5. $7085.71.
tJ. 200 A.
r. $2750.
.V. $240.
[>. $5000.
Page 176.
Art. 563.
1. m.
2. 5^.
3. m^.
4. 20^.
5. 50;?.
<;. 33i:?. ^
7. 150^.
9. 20f^.
Art. 564.
1. 150.?.
•? 25^.
Oats. \%i%.
33i'?.
9,<? gain.
771'? gain.
Page 177.
20;, profit.
131;; gain.
IH'T.
663f;.
6i loss.
5O5? gain.
m
$23163.12.
Art. 566.
1. $100.
2. $40.
3. $15.
^. $75.
5. $1000.
/;. $25600.
Art. 567.
1. $365.71.
2. $442.50.
3. $7500.
Page 178.
4. $7501.
5. 1080 lb.
';. $4000.
Art. 569.
1. $153.60.
2. $500.
3. 48 yr.
4. 75^ nitre, 12i^
sulphur, and
12i^ charcoal.
Page 179.
5. 44.
6. $11.25.
7. $1260 and $840.
8. $2865.
9. $2890.80
10. 374?.
ii. $800.
12. $2.
iJ. $3111.11.
i.^ 33^^;.
15. 2200 bbl.
id. 461';.
17. $31i.
i^. No gain or loss.
19. 40,?.
20. $5.
~'i. 33i?.
£f. $74.25.
23. $1972.50.
24. 100?.
Page 180.
25. $9350.
fg. 27^'.
27. $200 and $2.50,
28. 16f loss.
f9. $2700.
30. $288.
.?i. $10000.
:?f . $4:312.50 gain. .
S3. $110.
34. 31? loss.
.55. $16.80.
36. 94*?.
57. $155.
55. $4.
39. M(t.
40. $5.2o loss.
41. $59320.
Page 181.
42. $2.62*. 6i?, and
$175 loss.
43. 25?.
^^. 15<?
45. $420.
^6. 18^? loss.
47. 83i?.
ANSWERS.
285
J^.
$3.
Art. 579.
3.
U%. '
Page 200.
49.
684^.
1. m.
4.
$10635.53.
Art. 63 7.
50.
$5000 cost, and
2. 39.4375;^.
5.
33i^.
1.
$5645.50.
$12441.60.
3. 51yV5^.
I!.
2000 lb. and
^
$1744.80.
SI.
$450.
4 eeisj^.
$16.20 com.
3.
$1178.80.
52.
$6050.85.
S. Tf^.
7.
$1818.60.
.',.
$2188.60.
53.
$160.
6'. 37.791$«'.
S.
$1184.60.
5.
$10656.40.
54.
$125.
7. 1A$?.
9.
$1097.40.
Art. O.tS.
55.
56.
lAf^ loss.
$58.60.
Page 188.
Art. 588.
10.
UJ.
Page 195.
1.
$904.70.
$686.35.
Page 182.
J. $211.
11.
$1888.
3.
$900.90.
57.
78.596 yd. $19.40
$483.96.
12.
194122.3 lb. and
4.
$3565.68.
$757.20.
$10531.70.
58.
gain.
9U gal
$1100onionsand
Page 180.
13.
$2773.17.
1890 bbl. and
5.
59.
Art. 590.
$1.11.
^•
$1970.90.
$750 potatoes.
1. $36.09.
14.
$648.
S.
$3812.50.
60.
9^.
2. $368.48.
ir,.
$1508.57 com.
Page 201.
61.
$681.82 pear.
Page 190.
and $16091.43
Art. 649.
and $1071.43
Art. 592.
m.
5if
1.
$91.20.
Page 202.
62.
apple.
$2273.40 gain.
1. $64.50.
17.
13.
10666^ yd.
$7021.21.
63.
and 12Hi^.
$454.59.
Page 192.
Art. 606.
19.
20.
45.278?.'.
$30859.74.
■>
$386.25.
64.
$4000.
J. $180.
2. $75.
3. $250.
4. $275.
5. $277.38.
21.
253 bbl., and
Art. 651.
65.
100500 corn, and
$9.68.
1.
1;;, $62.50.
75375 wheat.
2.
$3550.
66.
C, $27.18J; H,
Page 196.
3.
$537.50.
$326.25; and
/■O
$31403.75.
4.
4^ mills, $70.
S, $1.81+.
6. 1375.90.
23.
26250 corn, and
''.
$35.35.
19200 barley.
Page 184.
Page 193.
24.
5^.
Page 203.
Art. 575.
Art. 608,
25.
$5044.29.
0.
3^ mills, $888
1.
2.
$24.48.
$.^)1.30.
7. $5000.
J. $24500.
26.
Remitted $566^,
com. $113Jt,
83.13, S. T.
$27553.77.
3.
4
5.
6.
$660.
$5670.
$19. 13 gain.
200 yd.
■J. $282.
4. $8672.
5. 9000 bu.
0". 50 bales.
28.
29.
and rate 16i^L
Loss of $280.26.
$26023.50.
21071.52 bu.
*8.
9.
2 J mills; 24
mills.
4i mills; $110.63
$54.05.
''•
$1515.64.
30.
Barley, 14333^
10.
$462 33.
S.
A, $72.50.
Art. 610.
bu. ; hops, 560
11.
$.005ff,and$85.
Paj;*' 185.
J. $12140.
'. 30000 lb.
67.13 lb.; and
com. $508.40.
IL
17.
1.25669 /.
Art. .'>~~.
$30.
$30.
3. 145 doz.
1.
2.
Page 194.
Page 199.
Page 206.
0.
$12571.43.
4. $400.80.
Art. 6.14.
.Art. 6 7 7.
4.
$9.
5. 1500 A., and
1.
$22.80.
1.
$5000.
5.
$60.
$202.50.
r>
$300.38.
•:■>
470.
6.
25f.'.
r,. 17501b.
3.
$8000.
3.
$1600, $2400,
7.
2ff/.
4
$72.
$2000.
Art. 611.
.').
$234.
4
$1576.50.
Page 18«.
J. $07.50.
6.
40 gal.
5.
$523.75.
S.
$1000.
J. 225 bbl.
1 ''•
$144.
6.
$4450.
286
Page 207.
22.
$2161.54.
ERS.
Page 218.
50.
$.53.
7. $27411.17.
25.
$4981.67.
Art. 715.
Art. 716.
8. $114.54.55.
2i.
$44.75.
1.
$4.38.
1.
$79.20.
9. $14791.67.
25.
$780.
2.
$5.25.
9
$29.96.
10. $16853.56.
26.
$100.83.
3.
$3.71.
3.
$80.84.
11. ir<
27.
$96.75.
4.
$17.44.
4
$104.45.
12. $1967.96.
28.
$16975.
5.
$9.24.
13. $60.
Page 213.
6.
$1.13.
Page 220.
U. $6093.40.
15. $3200.
le. $18242.66.
29.
SO.
$74.94.
$2707.18.
S.
0.
$5.83.
$3.33.
$1.76.
5.
$73.41.
Art. 718.
n. H, $26522.73;
SI.
$4310.74.
1".
$5.70.
1.
$5.18.
M. $43099.43;
32.
$2040.15.
11.
$2.34.
2
$11.53.
A, $23207.39;
33.
$2766.55.
$1969.62.
$3519.75.
12.
$8.02.
3.
$3.62.
Phoenix, $265
34.
13.
$6.32.
4.
$2.80.
22 .73 and Prov
35.
14
$3.00.
5.
$5.19.
ident, $26522.73
36.
$2837.92.
15.
$24.58.
6.
$16.81.
IS. $5000.
Page 214.
16.
$1.15.
7_
$3.95.
19. $47500. and $3
Art. 705.
17.
$4.37.
8.
$5.10.
9375. '
1.
$343.75.
18.
$11 65.
9.
$16.95.
1
Page 208.
20. G., $630; H.,
$150; and M.,
2.
3.
4.
$4099.71.
$337.41.
$857.01.
$27500.
$826.23.
19.
20.
$1.34.
$10.96.
Page 219.
10.
1.
$4. .50.
Art. 719.
$191.26.
$337.50.
6.
21.
$6.61.
2
$90.88.
$142.50 gain.
22
$19.71.
.n\%
Page 215.
23.
$25.80.
Page 221.
Art. 707.
24.
$10.60.
3.
.$45.89.
Page 211.
1.
$445.94.
25.
$25.38.
Art. :03.
2.
$10344.83.
26.
$2.39.
Page 222.
1. $258.30.
3.
$600.
27.
$4.86.
.\rt. 729.
2. $47.67.
3. $75.60.
4.
5.
$1000. '
$291.85.
28.
29.
$8.22.
$6:i8.
1.
.9
$448.70.
$1546.70.
$366.60.
$2422.30.
$12726.80.
4. $364.50.
6.
$739.13.
30.
$2.82.
5. $457.10.
Page 212.
7.
1.
$1954.63.
Art. 709.
31.
32.
S3.
$7.79.
$1.79.
$8.78.
3.
4.
5.
6. $131.39.
7. $675.13.
8. $570.
3.
7?.
6<?.
lOr;.
34.
S5.
36.
$14.30
$1.41.
$1.47.
Page 223.
Art. 734.
9. $322.58.
37.
$.42.
1.
372.96.
10. $523.80.
11. $102.10.
12. $223.12.
6.
7.
38.
39.
40.
$12.87.
$10.50.
$7.70.
2.
3.
4.
$96.45.
$459.34.
$417.84.
13. $2800.53.
Page 216.
41.
$.12.
5.
$1198.09.
H. * 74.43.
Art. 711.
■i'
$.35.
6.
$2319.22.
15. $300.28.
1.
2yr. 5 mo. 24 da.
43.
$1.29.
IG. $220.26.
■■>
3 yr. 10 mo. 12
44.
$.70.
Page 226.
n. $1662.50.
da.
45.
$5.50.
.\rt. 737.
IS. $132.86.
3.
April 25. 1881.
40.
.S16.53.
1.
*27>t>.75.
19. $1798.30.
4.
11 mo.
47.
$11.66
2
$1020.30.
20. $717.27.
5.
Sep. 22, 1889.
4S.
$5.70.
S.
H^.
21. $791.78.
G.
12 yr. 6 mo.
40.
$29.17
4.
S%.
ANSWERS.
28?
Art. 738.
Page 230.
9. Jan. 28, 1889;
Page 248.
1. $889.58.
Art. 744.
Term of Dis.,
5.
Nov. 15, 1888.
2. $1773.73.
Page 227.
1.
$540.
$99.75, and $38.
27 days; Pro.,
$384.71.
10. Feb. 39, 1888;
6.
7.
3.
Dec. 29, 1887.
Jan. 14, 1889.
Jan. 11, 1888.
S. $1618.33.
<0.
19 da., $799.09.
4. $6386.77.
3.
$1654.61.
11. Aug. 6, 1888; 66
Page 249.
5. $879.71.
*
days; $664.99.
.Art. 803.
Page 231.
12. Mar. 3, 1889; 178
1.
Nov. 12, 1888.
Art. 730.
1. 4 yr. 2 mo.
2. 6.716J?.
4
5.
Interest, $12.29.
$.55, better to
days; $3383.44.
13. Dr., $125.39.
3.
4.
Dec. 21, 1888.
Jan. 10, 1889.
Feb. 13, 1889.
3. X3.23:?.
pay cash.
5.
June 13, 1888.
A. $920.08.
6.
No difference.
Page 238.
6.
May 9, 1889.
5. $20.72.
7.
Loss $11.82.
14. $1900.41 to their
7.
May 14, 1888.
6. $8681.12.
8.
$1533.15.
credit.
8.
Mar. 7, 1889.
7. m.
8. 3 yr. 7 mo. 24
0.
10.
$7.48.
A'i'o loss.
15. $3865.30.
Page 255.
da.
11.
$7481.30.
Art. 780.
Art. 806.
9. $10505.94.
12.
Cashoffer,$8.37.
1. $330.
1.
Nov. 28, 1886.
10. 7i yr.
13.
^ll'/o profit.
2. $1350.
.?
Feb. 11, 1887,
11. $6856.53.
u.
Guin .$1303.
3. $933.87.
$300.
12. ^\\i.
15.
$44.85,and8i';.
4. $3461.96.
3.
$313.18.
13. $4644.61.
IC.
$683.33.
5. $3150.
4.
601.73.
17.
$4000.
';. $691.13.
5.
Oct. 14, 1888.
Page 228.
IS.
$340.13.
7. $175.08.
Page 256.
U. May 18, '89.
If:
$39.79.
G.
$100. Nov. 35,
15. Gain $875.
Page 240.
1890.
16. $2728.82.
17. Grace, $7678.96;
Page 232.
Alt. 790.
/. $199.37.
7.
S.
Sep. 21, 1889.
Dec. 33, 1886.
Mabel. $7031.
85 ; Flora,
$4333.02.
18. $299.20.
20.
21.
23.
$37.73.
$1756.27.
$372.58.
$9736.94.
2. $533.68.
3. $1100.85.
4 $4.07
9.
10.
Sept. 4, 1887.
Jan. 24, 1888.
$348.88.
19. m',L
20. $1373.81.
24.
$10855.79.
Page 241.
11.
Page 257.
July 24, 1887,
21. $4128.37.
22. 725 M.
Page 236.
J. $100.53.
'■. $1550.07.
12.
$431.
$300, Dec. 27,
23. $2660.
Art. 778.
7. $1.73.
1887, $300.43.
24. 50 years.
1.
Bk. Dis., $9.38;
S. $1890.50.
13.
Feb. 16, 1889.
25. Herbert, $5938.
Pro., $740.63.
14.
$100, May 17, '89
66; Theodore,
2
Bk. Dis., $1.67;
Page 242.
$98.93.
$4847.73.
Pro., $284.83.
Art. 793.
3.
Bk. Dis.. $23. 08;
1. $203.98.
Page 258.
Page 229.
Pro., $1303.93.
..'. $640.87.
15.
$400, Jan. 4, '88;
2Q. $536.95, better to
,;. $39.18.
$435.23.
invest in land.
27. $33884.38.
Page 237.
4. $563.53.
IG.
Dec. 7, 1888.
Page 261.
28. $1508.75.
4
Bk. Dis., $4.47.
Page 247.
Art. 820.
29. $13006.80.
5.
Proc, $988.37.
Art. 801.
1.
4.
SO. Chas., $5364.99;
G.
Gain, $11.35.
1. Oct. 16, 1888.
2.
28,
John, $4590.03;
7.
Bk. Dis., $13.71;
2. Oct. 13, 1888.
3.
7.
Walter, $3895.
Pro., $1251.71.
,;. Sep. 7, 1888.
4.
81.
34.
S.
Proc, $1749.47.
4. Mar. 30, 1889.
5.
$288.
288
ANSWERS.
6. $4.30+.
7. 733i ft.
S. 478 bu.
9. $2812.50.
10. 2 yr. 9 mo. 22i
days.
Page 262.
Art. 823.
J. 26JA.
350 rd.
$567.
$1290.
$384.75.
124^ yd.
74^.
S. 93 da.
Page 265.
Art. 841.
1. A.. $26250; and
B., $15750.
£. $6589.41, gain;
Hadley,$2758.
36; and Hunt,
$3831.05.
S. Whole capital,
$58800; D's
gain, $1200.
4. A, $9409.52; B,
$7939.29: and
C, $7351.19.
5. N.Insol.,$4543.
75. N. In vest.,
$2321.25.
6. Gained, $12090;
A'sP.W.,$504
5;B'sP.W.,$37
95; Solv.,$8840.
7. Harrison, $7000;
Morton, $1000.
Page 267.
.Vrt. 842.
7. A, $270.92; B,
$346.15; C,
$276.93.
i". A, $596.53; B,
$559 25 ; C.
$994.22.
3. Martin's gain,
$1737.93; Eaton's
gain, $1862.07;
Martin's P. W.,
$3737.93; Eaton's
P. W., $6362.07.
4. A, $17.40; B,
$29.70; andC,
$48.
5. A's investment,
$8491.30; B's in
vestment, $6065.
22; C's invest
ment. $4043.48.
6. A, $4548.39; B,
$2951.61. I
7. A. $36;B, $32;C,
$20; and D, $4.
S. A, $731.57; B,
$1483.93; and
C, $784.50.
9. Net gain, $5200;
Olsen's share of
net gain, $1640.
27; Thompson's
share of net gain,
$3559.73.
Page 268.
10. Simmons, $170
20.59, and Saw
yer, $16329.41.
11. Drews' gain,
$8058.14; Allen's
gain, $6837.21 ;
Bracketl's gain,
$6104.65.
12. B, $838.10; and
A, $1561.90.
13. Martin, $3126.
53; Gould,
$3104.46; and
Cole, $1269.01.
Page 269.
2. Hopkins's gain,
$4873.27 ; Haw
ley's gain, $4526.
73.
3. Charles, 12f:
.John, 8j^; Walter,
Page 270.
4. Net resources,
$23564.25 ; net
solvency, $23,564.
25; net gain,
$1064.25.
5. Investm'tof each,
$9866? : Gray's
gain. $2161.69 ;
Snyder's gain,
$1894.93; Dillon's
gain, $2843.38 ;
Dillon's P. W.,
$16210.04; Sny
der's P. W., $72
61.60 ; Gray's P.
W., $11028.35.
6. Phelps, $8000
Rogers, $18300
Wilder, $30900,
7. Smith, $16170.43
Jones, $11990.32
Brown, $9339.25.
Smith's P. W., $2
8870.43 ; Jones's
P.W., $16990.32;
Brown's P. W.,
$16239.25. i
S. Burke, $17533.33;
Brace, $17833.33;
Baldwin, $17633.
33.
9. Loss, $22747.09.
Briggs' loss, $5
907.62; Parson's
• loss, $16839.47;
net insolvency,
$2187.09; Briggs'
P. W., $127.38;
Parson's insolv.,
$2314.47.
1".
11.
I l'.
13.
14
Page 271.
Bradley's gain,
$7517.61 ;Maben'8
gain. $8362.39 ;
Bradley's P. W.,
$23417.61 ; Ma
ben's P. W., $26
362.39.
Wilkins' share,
$1000; Ames'
share, $3000.
$1744.5.24. A's P.
W.$30165.84;B's
P. W. $22417.09;
C's P. W. $22417.
08. A's share of
gain, $6033.17 ,
B's share of gain,
$4483.42 ; C's
share of gain,
$4483.41.
A's capital, $386
5.80; B's capi
tal, $2577.20; in
solvency, $5557 ;
A's insolvency,
$3334.20; B's in
solvency, $2222.
80.
Page 272.
Net resources,
$94735; net gain,
$44335; Clay's
share of gain,
$17932.89; Hard's
share of gain, $2i
380.43; Dunn's
share of gain, $2
021.68. Clay's P.
W. at closing, $3
4132.89 ; Hard's
P. W. at clos
ing, $53080.43 ;
Dunn's P. W. at
closing, $7521.68.
]
D 000 878 084 3
^^T,
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