LESSON 2.

A bankrupt is indebted to C, 50 dollars, to D, 130 dollars, to E, 320, and his whole estate amounts to 275 dollars only; how must it be divided among the creditors?

Ans. C, must have 27 dols. 50 cts. D, 71 dols. 50 cts. and E, 176 dols.

1

E's demand, 320

Loss, 144

Share, 176

DOUBLE FELLOWSHIP, OR, FELLOWSHIP WITH

TIME.

RULE.

Multiply each man's stock and time together: Then say,

As the sum of those products,

is to the whole gain or loss;

So is each product,

to each man's share of the gain or loss.

LESSON 1.

Two merchants traded together: A, put in 120 dollars

for 12 months, and B, 100 for 15 months; they gained 55 dollars; what was each one's share?

A, had 26 dols. 93

cents.

Answer,

B, had 28 dols. 63

cents.