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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1851 Excerpt: ... money in the Bank of England, or in the capital of some trading company, according to the rate per cent. which they may sell for at any given time. The method of working questions that may occur in either of these rules, is the same as in simple interest. EXAMPLES. (1.) What is the commission on 500Z. 13. 6cZ. at 3 per cent.? s. d. 500. 13. 6 3 (4.) What is the purchase of 2054/. 16s. East India stock, at 110J per cent.? (5.) My correspondent writes me word that he has bought goods on my account to the value of 754/. 16s. What does his commission come to at 2 per cent.? Ans. 18/. 17s. 4%d. (6.) What must I allow my correspondent for disbursing on my account 5291. 18s. 5d. at 2 per cent.? Ans. HZ. 18s. 5d. (7.) If I allow my factor 7f per cent. for commission, what may he demand on the laying out of 1200/.? Ans. 91/. 10s. (8.) What does the commission on 9501. come to at 3-per cent.? Ans. 36/. 16s. 3d. (9.) If I allow my broker 3 per cent., what may he demand when he sells goods to the value of 876/. 5s. 1Od. Ans. 32/. 17s. 2d. (10.) What is the brokerage of 879/. 18s. at f per cent.? Ans. 3/. os. d. (11.) If a broker sells goods to the amount of 508/. 17s. 10d., what is his demand at 1 per cent.? Ans. 71. 12s. 8d. (12.) What is the brokerage of 1087/. 15s. 6d. at If per cent.? Ans. 17/. 13s. 6d. (13.) If a broker sells goods to the amount of 1000 guineas, what is his demand at per cent.? Ans. 6/. lis. 3d. (14.) If I allow a broker 1 per cent., what is his demand for disposing of goods to the value of 729/. 10s. 6d.? Ans. 91. 2s. d. (15.) What is the insurance of 900/. at 10f per cent? Ans. 961. 15s. (16.) What is the insurance of 1200/. at 7, f per cent.? Ans. 91/. 10s. (17.) What is the insurance of an East India ship and cargo, valued ...

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