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GENERAL WRITTEN PROBLEMS

1. If a family uses 14 lb. meat a day, how much will be saved in a month of 30 days by buying steak that costs 28¢ a lb. rather than steak that costs 35¢ a lb.?

2. An apartment house owner received from his agent $16,121.40 yearly rent. If the agent had deducted his commission of 3%, what was the monthly rent collected?

3. A carpenter took a job of repairing a barn for $285. He hired 8 men at $2.50 per day and 3 men at $1.75 per day; all the men worked 9 days. What was the carpenter's profit?

4. If I lend a friend $480 for 1 yr. 3 mo. 10 da. at 6%, how much should I receive for the use of my money?

5. What is the difference in cost between a set of furniture marked $173.50 with a discount of 20% and one marked $125.75 without discount?

6. An agent's commission for selling rubber goods was $140 at 11%. What was the amount of his sales?

7. Three pieces of city property are assessed at $4200, $5700, and $2400. What is the amount of the bill if the tax rate is $7.20 per $1000?

8. A farmer has 240 fowls for which he is offered by one buyer 12 a lb. and by another $4.75 per dozen fowls. If the average weight of the fowls is 3 lb., which is the better offer and by how much?

9. An errand boy earns $4 a week. He can have a 25% increase or he can secure an office position at $25 a month. Which position would pay the more annually and how much?

10. What per cent of profit is made in manufacturing electric fans at $9 and selling them at $10.80?

11. Paul Smith had the use of $375 for 1 yr. 4 mo. 15 da. at 5%. Write out the check for the amount he repaid.

12. Find the balance on hand in the following cash account: Receipts: $28.27, $53.19, $109.38, $15.65, $1.30; Payments: $6.42, $38.39, $4.37, $7.36, $.50.

13. The list price of a player-piano was $655 but discounts of 15% and 5% were allowed. What was the net price?

14. A shirt waist requires 3 yd. of material at 15¢ a yd., one spool of thread at 5¢ a spool, anddoz. buttons at 20¢ a doz. If the charge for labor is 20¢ an hour for 8 hours, what is the gain if the waist is sold for $3?

15. After a fire, a manufacturing company found that its liabilities (debts) were $10,000. At the end of 6 mo., it was able to pay $4840. What per cent of the indebtedness was still to be paid?

16. Money deposited in a certain savings bank on July 1 or Oct. 1, draws interest at 4% a year, if left on deposit till the following Jan. 1. A boy deposited $25 on July 1, 1915 and $35 on Oct. 1, 1915; find the amount of his balance after the interest was added Jan. 1, 1916.

17. Make a receipted bill for these goods sold by you to H. C. Steel: 60 grapefruits at 65¢ per doz.; 3 lb. tea at 821 per lb.; 4 doz. eggs at 50¢ per doz.; 8 lb. sugar at 9¢ per lb.; 5 lb. bacon at 45¢ per lb.

18. The standing in arithmetic of a seventh grade pupil was as follows: Sept., 89%; Oct., 85%; Nov., 91%; Dec., 85%; Jan., 96%; Feb., 87%; Mar., 89%; Apr., 97%; May, 96%; June, 88%. Find his monthly average for the school year.

19. A dealer bought 240 bbl. of apples at $1.75 a bbl. He lost 40 bbl. through frost. At what price per bbl. must be sell the remainder to gain 25% on his investment?

V. MEASUREMENT

Foreign Money. In a year before the Great World War, over $2,000,000,000 worth of products from the United States were sold to 19 foreign countries. As each country has its own system of money, it is necessary to know the U. S. equivalents of the moneys of the principal countries of the world, especially of the European and South American countries.

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Use approximate equivalents in the following:

21. How much will an Austrian immigrant receive for 1000 crowns when he exchanges his money in New York? 22. If I send $55.50 to a friend in Liverpool, how much will he receive for it in British money?

23. A soldier was given eight 10-franc gold pieces. How much was this worth in our money?

24. A motor cycle costs 700 M. in Berlin. About how much is this in our money?

25 How much will a money exchange office allow for 900 rubles?

26. An Italian immigrant brings with him 400 lire. How much will he receive in our money?

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See the TABLES at the end of the book for the money-equivalents of other countries.

Remember that the equivalents, given above as exact, are not always the market value at a given time.

The value of foreign moneys depends upon very many conditions; this valuation changes, sometimes from day to day, especially during times of stress.

It will be an interesting study for you to go to your nearest bank, now and then, and find out the exact value at those times.

will call that value the Exchange.)

(The bank

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