2 qrs. 141b, cost 20s. 4d. f* Cwt. paid for duty and other. charges 151. 10s. 3d, when the hides arrived, they weightd 39370th, and my correspondent sells them for 15 guitz, ders the 100ib deducts for freight and other charges 650 guilders, 174 stivers, and for his commission 2 #2 cent. Now tell me whether I gain or lost, if I value each guilder at 2s. * Answ. I gain 90l., 16. 8; d. - - - - - 35. A merchant sends to Bourdeaux 200 barrels of beef, which cost him 20s. djo barrel, and 400 casks of butter, wt. neat, 600C. 24rs. at 20s. 4d. f* Cwt. pays for duty and other charges 451. 10s. 6d., the correspondent in Bour deaux sells the beef for 16 livres the barrel, and the butter for 20 livres the 100th (wt. 67 850th) deducts for charges 1500 livres, and 2 #' cent. for his commmission. Now if the merchant values each livre at 16d. to know whether he gets or loses? Answ. He gains 139%. 12s. 13 d. 36. A merchant in Ireland sent to lisbon 500 barrels of wheat cost 10;s. #' barrel; 200 firkins of butter, wt. 1 10C. 20 rs. 14b at 18s. 8d. iP. C. and 400 tanned hides, wt. 106.J. 39ts. at 5; d. Pił paid for duty and other ch, rges 35l. 16s. 1d. and pays premium of insurance of 6881 at 16 of cent. The wheat at Lisbon measured 5000 alquires, and is sold for 300 reas the alquire ; the butter, we 387-arobes and 6ib and is sell at 85 reas the th the 'ea' iner wt. 373 arobes and 205 and sells for 130 reas the sh the factor pays for du y and other charges, 832 mil. G2 reas, and charges for his commission 3 p’ cent. the factor remits the neat proceeds to London, at 5s. 5d. milrea, and, the merchant in Ireland, draws, it from London at 5 to cent. advance. I demand whether he gets or loses by this cargo? Answ. He gains I6 li. 14s. 64. 37. A merchant in Ireland sends to Ostend 20h fids. of tallow; wit. 10 ton, 17 C. 3 qrs at 30l. 10s. 9d the ton : pays for duty and other charges, 25. 10s. and for premium of insurance 551. 10s. The tallow air ving at Ostend, wt. 24388sb, and the merchant there sells it at 18. guilders the tootb Pays for freight, duty and other charges, 595 guilders, 10 slivers, 4 pennings, and reckons for his commission 2 op” cent. and remius the nea proceeds to London, at 33s. 9d. Flemish {P. l, stelling, and the Irish merchaut draws it from London at 4 dip' cent, advance, to know whether he gets or loses? Answ. He loses 321. los I lood - Z 3 CHAP CHAP, x. - FELLOWSHIP, T HE intent of this Rule is principally to divide the gain or loss made by trade in Partnership (where the stocks are unequal) proportionably among the partners, viz. in proportion to their respectiue stocks. - ** Rule. Add all the given stocks into one sum, then it will be as, the whole stock is to the whole gain or loss, so is each. man's particular stock, to his particular gain or loss. - Examples. 1. A and B buy certain merchandizes, amounting to sOl. of which A pays 30l. and B 50l. and they gain by . said goods 20!. Now I would know each man's share in the profit in proportion to the sum he puts in to Answ. A’s 71. 10s. B’s 121. 10s. A's stock 30 , B’s -50 But since the operation must be repeated for every, man's share, the work may be often much contracted and facilitated by applying decimals and thereby finding a eommon multiplier, by which if we multiply each mau's, stock, his gain or loss will be produced, viz., - | S. l - - - - - - - § 0)20010. - - The same may be effected by vulgar fractions, thus: - # 30 # 50 80-20-1. Answ. } |