6. A merchant insured his store for $8000, or ₺ of its value, and his goods, valued at $18000, for § of their value, both at 11%. The store and goods were totally destroyed by fire. Find the owner's loss. 7. An agent received $576 for selling land at $18 an acre on 5% commission. 8. A man bought a patent for $15000 and sold it for $35000 more than he paid for it. Find the gain per cent. 9. A farmer expended $5580 in erecting buildings on his farm, and this sum was equal to 24% more than of the cost of the farm. Find the cost of the farm. 10. A commission merchant sold a quantity of flour for $8450. He retained $450, which included his commission and $27.50 for storage. 11. A drover sold 400 sheep at $4 a head and gained 60% on one-half of them and lost the same per cent on the others. Find the net gain or loss. LESSON 42. 1. A man willed 40% of his property to his wife, 50% of the remainder to his son, 60 % of what still remained to his daughter, and the remainder, amounting to $90000, to a college. What was the share of each? 2. A speculator paid $600 for insuring his elevator and 60000 bushels of wheat for of their value at 11%. The elevator was worth as much as the wheat. 3. A man owning three-fourths of a mill sold his share for of the entire cost. Find the gain or loss per cent. 4. A man bought a store and house for $12500, paying $3500 less for the house than he paid for the store. What per cent of the whole cost was the cost of each? 5. A merchant insured 2500 barrels of flour for $8800, which was of its value. The premium was $110. 6. An agent sold 850 barrels of flour, and after taking out his commission of $119, he sent the consignor $2856. 7. A man bought land at $40 an acre. How much must he ask an acre so that he may abate 183% and yet sell it at a profit of 621% ? 8. A farmer lost 16% of his sheep and of the remainder, when he had 441 left. he sell? then sold 40% How many did 9. A insured his mill for 3 of its value at 14% annually. After paying 4 annual premiums, the mill was destroyed by fire and he lost $4260. Find the sum insured. 10. After taking out his commission of 4% and $40.40 for other charges, a commission merchant remitted to a farmer $910, the amount due him on potatoes sold at $.60 a bushel. Lesson 39, seventh grade, second term. Lesson 15, seventh grade, third term. Lesson 16, seventh grade, third term. Lessons 34 and 35, seventh grade, third term. EIGHTH GRADE-FIRST TERM. TO THE TEACHER. -The work of this term is a review of the work of the seventh grade. Teachers can take up this review work in the order indicated below, or they can modify it to suit the needs of the class. It is believed, however, that the selection of review lessons will prove satisfactory in most cases, and will give a thorough review of all topics presented in seventh grade work. 66 LESSON 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. Lessons 1 and 2, seventh grade, first term. Lesson 24, seventh grade, second term. 20. Lesson 34, seventh grade, second term. 243 LESSON 21. 22. 23. 24. 25. 26. 27. 28. 29. 30. 31. 33. 34. 35. 36. 37. 38. 39. 40. Lesson 35, seventh grade, second term. Lesson 5, seventh grade, third term. 41. 42. 43. 44. 45. 46. 47. 49. 50. TO THE TEACHER. - Before assigning this lesson, teach 293 . . . 321. Develop these definitions carefully. LESSON 1. 1. Learn 293 ... 321. 2. Find the cost of 60 shares of bank stock at 98. 3. What is the annual income from $12500 bank stock, which pays a semi-annual dividend of 4% ? 4. A man sold 35 shares of bank stock at 487% premium, brokerage %. How much did he receive for it? 5. How much bank stock paying a dividend of 7%, will produce an annual income of $455 ? 6. What is the market value of eight $1000 bonds at 16% premium? 7. I have $2800 of the stock of the Exchange Bank, on which I receive a semi-annual dividend of 4%. I bought the stock at 135. What did it cost? 8. Paid $4500 for mining stock at 10% below par and afterward sold it at 14% premium. How much did I gain? 9. How much will 125 shares of stock cost at 141% below par, brokerage % ? 10. A broker sold for a customer 25 $500 U. S. bonds at 114, brokerage %. How much did the owner receive for them? LESSON 2. 1. Learn 293 ... 321. 2. If I buy 10% stock at 243% premium, brokerage 1%, what rate of interest do I receive on my investment? |