We first recollect that half a cent is equal to 5 mills. We then place the mills under each other, the cents under cents, and the dollars under dollars. We then add as in simple numbers. OPERATION. *1, 37 5 25 12 5 $1,76 3. James gives 50 cents for a dozen oranges, 12 cents for a dozen apples, and 30 cents for a pound of raisins: how much for all ? OPERATION. *0, 50 12 5 30 *O, 02 6 Hence, for the addition of Federal Money, we have the following RULE. § 49. I. Set down the numbers to be added under one another, so that dollars all fall under dollars, cents under cents, and mills under mills. II. Then add up the several columns as in simple numbers, and place the separating point in the amount directly under those in the columns. Q. How do you set down Federal Money for addition ? Ilow do you add up the columns? How do you place the separating point ? EXAMPLES. 1. Add $67, 21 4, $10, 04 9, 86, 04 1, *0,27 1, together. (1.) (2.) (3.) * cts. m. 81, 05 3 67, 41 2 95, 37 6 87, 064 (5.) (6.) $375, 02 1 *27, 09 8 $7,00 9 0, 01 1 0, 00 1 46, 67 9 $380, 60 8 $388, 29 2 $53, 700 APPLICATIONS. 1. A grocer purchased a box of candles for 6 dollars 89 cents; a box of cheese for 25 dollars 4 cents and 3 mills; a keg of raisins for 1 dollar 121 cents, (or 12 cents and 5 mills;) and a cask of wine for 40 dollars 37 cents 8 mills: what did the whole cost him ? Ans. $73, 43 6. 2. A farmer purchased a cow for which he paid 30 dollars and 4 mills; a horse for which he paid 104 dollars 60 cents and 1 mill; a wagon for which he paid 85 dollars and 9 mills : how much did the whole cost? Ans. 3. A man is indebted to A, $630,49; to B, $25; to C, 87} cents; to D, 4 mills: how much does he owe? Ans. $656, 36 9. 4. Bought 1 gallon of molasses at 28 cents per gallon; a half pound of tea for 78 cents; a piece of flannel for 12 dollars 6 cents and 3 mills; a plough for 8 dollars 1 cent and 1 mill; and a pair of shoes for 1 dollar and 20 cents : what did the whole cost? Ans. .5. Bought 6 pounds of coffee for 1 dollar 12 cents; a wash-tub for 75 cents 6 mills; a tray for 26 cents 9 mills; a broom for 27 cents; a box of soap for 2 dollars 65 cents 7 mills; a cheese for 2 dollars 871 cents :'what is the whole amount? Ans. $7,95 2. 6. What is the entire cost of the following things : viz. 2 gallons of molasses 57 cents; half a pound of tea 371 cents; 2 yards of broad cloth $3,37} cents; 8 yards of flannel $9,87 5; two skeins of silk 12 cents, and 4 sticks of twist 8.cents. SUBTRACTION OF FEDERAL MONEY. 1. John gives 9 cents for a pencil, and 8 cents for a top: how much more does he give for the pencil than top? Ans. $0,01 5. 2. A man buys a cow for $26,37, and a calf for $4,50 : how much more does he pay for the cow than calf? We set down the numbers as in addition, and then subtract them as in simple numbers. OPERATION. $26, 37 4, 50 $21, 87 Hence, for subtraction of Federal Money, we have the following RULE. $ 50. Place the lesser number under the greater so that the commas, or separating points, shall fall directly under each other; then subtract as in simple numbers, and place the separating point in the remainder directly under those above. Q. How do you set down the numbers for subtraction? How do you subtract them ? How do you place the separating point in the remainder ? EXAMPLES. (1.) (2.) From *204, 67 9 From $8976, 40 0 Take 98, 71 4 Take 610, 09 8 Remainder $105, 96_5 Remainder $8366, 30 2 (3.) (5.) $620, 000 $327, 00 1 19, 02 1 2, 09C 29, 33 $600, 97 9 $324, 91 1 $2319, 67 $2349, 6. What is the difference between $6 and 1 mill? Between $9,75 and 8 mills? Between 75 cents and 6 mills? Between $87,35 4 and 9 mills ? 7. From $107, 00 3 take $0, 47 9. Ans. $106, 52 4. APPLICATIONS. 1. A man's income is $3000 a year; he spends $187,50: how much does he lay up? Ans. $2812,50. 2. A man purchased a yoke of oxen for $78, and a cow for $26, 00 3: how much more did he pay for the oxen than for the cow ? Ans. 3. A man buys a horse for $97,50, and gives a hundred dollar bill: how much money ought he to receive back? Ans. *2, 50. 4. How much must be added to $60, 03 9 to make the sum $1005,40 ? Ans. 5. A man sold his house for $3005, this sum being $98, 03 9 more than he gave for it: what did it cost him? Ans. $2906, 96 1. 6. A man bought a pair of oxen for $100, and sold them again for $75,37į: did he make or lose by the bargain, and how much ? Ans. He lost $24, 62 5. 7. A man starts on a journey with $100; he spends $87, 57: how much has he left? Ans. $12,43. 8. How much must you add to $40,17 3 to make $100? 9. A man purchased a pair of horses for 450, but finding one of them injured, the seller agreed to deduct $106, 32 5: what had he to pay ? Ans. $343, 67 5. MULTIPLICATION OF FEDERAL MONEY. 1. John gives 3 cents a piece for 6 oranges : how much do they cost him? Ans. 18 cents. 2. John buys 6 pair of stockings, for which he pays 25 cents a pair: how much do they cost him? 3. A farmer sells 8 sheep for $1,25 each : how much does he receive for them? OPERATION We multiply the cost of one sheep by $1,25 the number of sheep, and the product is 8 the entire cost? $10,00 Hence, for the multiplication of Federal Money by a simple number, we have the following RULE. $ 51. Multiply as in simple numbers, and the product will be the answer in the lowest denomination mentioned in the multiplicand; then reduce the product to dollars and cents. Q. How do you multiply Federal Money? What will be the deno. mination of the product ? How will you then reduce it to dollars and cents ? EXAMPLES. OPERATION. 1. Multiply 375 dollars 28 cents and 2 mills, by 8; also, $475,87 by 9. (2.) $375, 28 2 $475, 87 8 9 Product $3002, 25 6 Product *4282, 83 (3.) (5.) *81, 99 2 6. $36, 04 8 $623, 55 3 *491, 95 2 per bushel ? APPLICATIONS 1. What will 55 yards of cloth come to at 37 cents per yard? Ans. *20,35. 2. What will 300 bushels of wheat come to at *1,25 Ans. *375. 3. What will 85 pounds of tea come to at 1 dollar 37) cents per pound? In this example we first consider that OPERATION. 1 of a cent is equal to 5 mills. Then 1375 as $1,37 5 contains more figures than 85 85, we multiply by the 85, knowing that 0875 the product will be the same which 11000 ever number be made the multiplier. 116875 The product 116875 is in mills, which is reduced to dollars and cents Ans. *116,875 before. 4. What will a firkin of butter containing 90 pounds come to at 25 cents per pound? Ans. *22,95. 5. What is the cost of a cask of wine containing 29 gallons, at 2 dollars and 75 cents per gallon ? Ans. *79,75. 6. A bale of cloths contains 95 pieces, costing 40 dollars 37 cents each : what is the cost of the whole bale ? Ans. 7. What is the value of 300 hats at 3 dollars and 25 cents apiece? Ans. $975. as |