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To reduce Sterling Money into Guilders.

47. How many guilders bank are equal to 8521. 12s. 6d. sterling, exchange at 34s. 44d. P pound sterling?

1st Method by the Rule of Three.

1. sterl.

1

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1. S. d.

-852 12 6

825

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sto)7034115 Half pence or half groot.

8792 4) 55ğ Half groot.

133-13 stiv. 29 half pen.

2. e. 144 pennings.

2nd Method. Reduce the pounds sterling to pounds Flemish, and then the Flemish pounds and shillings into guilders and stivers, by multiplying by 6.

1. S.

d. S. d.

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To reduce Flemish pounds, shillings and pence to guilders, stivers and pennings, add of the pence to the num ber of pence, and then multiply the pounds, shillings and pence so encreased by 6.

Method 3, Reduce the rate of exchange into guilders, stivers and pennings, then multiply the sum English by the guilders, and for the stivers and pennings take the parts of a guilder, &c. The English money is pounds, shillings and peace, which are something different from the form of guilders, stivers and pennings. Yet I may put them into the form thereof by adding to the pence of the given sum, and multiplying and dividing the denominations as guilders, stivers and pennings; but as we are more used to the forra of pounds, shillings and pence, we may multiply and divide them in that form, and by adding of the re, sulting pence to themselves, we reduce them to pennings,

1. S. d.

13

1. S. d.

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48. How many guilders are in 14091. ster!, if 11. sterl. is 33s. 8d. Flemish? Answ. 14230 guild. 18 stiv.

49. In 100l. 10s. sterl. at 33s. 9d. Flemish ' . sterl. how many guilders is it? Answ. 1017 guild. 144 stiv. 50. Tell me how many guilders are in 19411. 15s. 6d. sterling the exchange at 33s. Ild. Flemish P. sterling? Answ. 19757 guilders, 11 stivers, 3 pennings. 51. At 343. 5d. Flemish, 7. sterling, I would know how many guilders there are in 15971 9s. 11d, sterling? Answ. 16194 guilders, 2 stivers, 14, pennings.

95

245

To reduce Guilders into Sterling Money.

52. If the exchange between London and Amsterdam be 31s. 4 d. Flemish 7. sterling, how much English money will be equal to 8792 guilders, 13 stivers, 141 pennings?

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6600

175853 Stivers
16

1813662 Penning

2

7. s. d.

6600) 36273125 (852 12 6 Answ 53. How many pounds sterl. are equal to 1680 guilders at 335. 3d. Flem. 1.sterl.? Answ. 1681. 8s. 5d. 54 In 2080 guilders, 15 stivers, at 34s. 9d. Flem. 1. sterling, how many pounds sterling is it?

Answ. 1991. 11s, 10d.

55. At 33s. 11d. Flemish 7. sterling, I demand how many pounds sterling are there in 6048 guilders?

Answ. 5941. 7s. 11215d.

407

56. 2048 guilders, 15 stivers, at 34s. 5d. Flemish 1. sterling, how many pounds sterling is it?

Answ. 1931. Ss. 6114d.

57. In 1000 guilders, at 33s. Flemish P. sterl. how many pounds, is it Answ. 1001.

To convert Bank Money at Amsterdam into current Money,

In Holland the money of exchange is called bank money, and is better than current money by 4 or 5 cent. i. e. 100 bank money makes 104 or 1051. current money: The difference between the bank and current money, is called the agio, as when 1001. bank is worth 1041. current, they say the agio is 4 P' cent.

Therefore bank money is reduced to current just as English money is reduced to Irish, and current to bank as Irish to English.

Guild. Stiv.

Example

Îu 14230 18 bank money, how much current money, agio 5

cent.

X 2

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Of Exchange between England and Hamburgh. England exchanges on Haburgh as on Holland and Antwerp, from 32 to 35s. gross or Flem. sterl.

Books of accounts are kept in marks, sous and denierslubs, and by some in rixdollars, sous or schellings, and deniers, and by others in l. s. d. Flemish.

The par of exchange between London and Hamburgh is about 35.17s. Flem. P 1. sterl.

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To reduce . sterl. into . gros, differs nothing from § 2.

To reduce 1. Sterling into Marks Lubs.

Reduce the rate of exchange into sous-lubs and multiply the 7. sterling thereby, and for the odd shillings and pence sterl. take parts of the exchange, the sum of said product and parts will be the answer in sous-lubs, which reduce to marks by the Table.

58. A bill of 2541. 6s. 8d. sterl, being drawn at London upon Hamburgh, at 32s. 4d, gros pl. sterl. how many marks lubs are to be paid for that bill?

Answ. 3083 uks. 12 so. 8 den.-lubs.

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59. How many marks-lubs are equal to 2001. 10s. at 32 gros 1. sterling? Answ. 2443 marks, 91⁄2 stivers or sous-lubs.

60. How many marks-lubs are in 5501, 15s. sterling, at 32s. 9d gros pl. sterling? Answ. 6763 marks, 14

stivers-lubs.

61. In 10001. sterling, at 32s. 3d. gross 1. sterl. how many mark-lubs ? Answ. 12093 mar. 12 stiv. lubs. 62. In 3451. 10s. 6d. sterling, at 32s. 6d. gros P 1. sterling, how many marks-lubs? Answ. 4211 marks, 13

stivers-lubs.

To reduce Marks to Pounds Sterling,

63. 3083 marks, 12 so. 8 den, lubs, how much sterling money, exchange at 32s. 4d.?

Mks. So. Den.

S. d.

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