Practical Business Arithmetic

Practical Business Arithmetic

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1906 edition. Excerpt: ...= 37.5.-. the number = 37.5 = 150. 302. Obviously, the quotient of the percentage divided by the rate equals the base. WRITTEN EXERCISE 1. N invested 30% of the capital of a firm, H 35%, and W the remainder, $1400. What was the capital of the firm? 2. During the month of May the sales of a clothing merchant amounted to $4864.24, which was 8 % of the total sales for the year. What were the total sales for the year? 3. B sold his city property and took a mortgage for $4375, which was 17 % of the value of the property. If the balance was paid in cash, what was the amount of cash received? 4. In compromising with his creditors, a man finds that his assets are $270,900, and that this sum is 43% of his entire indebtedness. What will be the aggregate loss to his creditors? 5. The aggregate attendance in the schools of a certain city for 1 da. was 43,225 students. If this number was 95% of the number of students belonging, how many students were absent? 6. The owner of city property received in rentals last year $1221.95. He paid for insurance $75, for repairs $353.75, and for taxes $175.20. If his net income was equal to 5% of the money invested, what was the value of the property? 7. A man bought a suit of clothes for $22.50, a pair of shoes for $5, a hat for $4, and a watch for $18.75, when he found he had expended 12% of his money. How much money had he at first? How much had he left after making these purchases? 8. In a recent year there were 5,737,372 farms in the United States having a total acreage of 831,591,744 A., of which 414,498,487 A. were improved and417,093,257 A. were unimproved. What was the average number of acres to a farm? What per cent of farm land was improved? What per cent was unimproved? (Correct to three decimal...
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Product details

  • Paperback | 104 pages
  • 189 x 246 x 6mm | 200g
  • United States
  • English
  • black & white illustrations
  • 1236895630
  • 9781236895639