22. How many pounds of cotton, @ 83 cents, will 120 yards of ribbon, @ 25 cts.? pay for 23. Bought 642 bushels of apples @ 33 cts., and paid for them with oats, @ 624 cts. a bushel; how many bushels were required? 211. To find the cost, when the quantity is sold by the 100 or 1000. (24) What cost 575 rails at 75 cts. per hundred? RULE.--Multiply the price per 100 or 1000 by the hundredth or thousandth part of the given quantity. The letter C is sometimes used for hundred, and M for thousand. 25. What is the cost of 2540 boards, at $1.80 per C.? 26. What will be the freight on 465 pounds of merchandise at $.62 per C.? At $1.85 per M.? 27. What will 3840 pounds of sugar cost, @ $8.50 per C. ? 28. At $35 per M., what will 40450 cigars cost? 29. At $8 per M., what will 25675 bricks cost? 30. What cost 2540 cedar posts, at $9.25 per C.? 31. What cost 4550 envelopes, at $3.25 per M.? 212. To find the cost when the thing or quantity is sold by the ton of 2000 pounds. (32) At $5.60 a ton, what will 1750 pounds of coal cost? Explanation.-Since $5.6û is the price of 2000 pounds, of $5.60, or $2.80, is the price of 1000 lbs. The cost of 1750 lbs. is now determined as in Art. 211. Operation. $5.60 ÷ 2 = $2.80 1.750 $2.80 = $4.90. RULE.-Multiply of the cost per ton by the one thousandth part of the given quantity. 33. At $12 per ton, what is the value of 5 loads of hay, each weighing 1640 pounds? 34. What cost 15450 pounds of guano, @ $75 per ton? 35. What is the freight on a quantity of goods weighing 10350 pounds, @ $5.40 per ton? 36. Find the cost of 5450 pounds of cotton seed, at $8.10 per ton. Accounts and Bills. 213, An account is a record of business transactions between two parties. 214. A debt is money, goods, or services due from one party to another. A debtor is a person who owes a debt, a creditor one to whom a debt is due. 215. A bill of goods is a written statement given by the seller to the buyer, containing the date of the purchase, the names of the buyer and seller, a list of the goods bought, with their prices and the total amount. 216. An item is any article in the bill; extending an item is finding its cost, and the footing is the entire cost of all the items in a bill. 217. A bill is receipted when the words "received payment" are written at the bottom, and it is signed by the creditor, or by some one duly authorized. The following abbreviations are often used: Account (Acct. or %), Amount (Amt.), At (@), Balance (Bal.), By (per), Creditor (Cr.), Debtor (Dr.), Merchandise (Mdse.), Payment (Payt.), Paid (Pd). Pound (b.), Received (Recd.), The same (Do.), Next month (Prox.), This month (Inst.), Last month (Ult.). EXERCISE XLII. 218. Copy and find the footings of the following bills: 66 Ind. Butters.. 1 ea., Pitchers, @ $.35, $.60, $.85.... Received Payment, Louis Kretz. BATON ROUGE, Feb. 2, 1889. (2) Mr. S. B. Jones, Bought of folly & Reynaud. 7 66 16 66 12 gr. Hyd. Cocoaine.. Sulph. Atropia..........@ .021 .@ $.03 Codeia..... ......@ .03 8 66 Pure Grain Musk.. (a .15 33 ozs. Sulph. Quinine......@ .65 Received Payment, Folly & Reynaud. Make receipted bills in correct form: 3. J. H. Jordan bought of Adkins & Marsalis, Arcadia, La., June 1, 1889, 4 gals. syrup @ $.63; 14 Ös. starch @ 91 cts.; 48 yds. sheeting @ 16 cts.; 3 lbs. Y. H. tea (@ $.90; 8 doz. eggs @ 21 cts.; 42 lbs. sugar @ 13 cts. 4. Judge C. C. Cordill bought of J. Moore & Bro., St. Joseph, La., May 10, 1889; 42 yds. muslin, @ 56 cts., 35 sacks of oats, @ $2; 16 pairs cotton hose, @ 871 cts.; 25 pairs shoes, @ $31; 28 yds. silk @ $13. 5. Prof. T. S. Sligh bought of Kidd & Lewis, Ruston, La., July 18, 1888, 85 lbs. coffee, @ $1; 56 lbs. bar-soap, @ $.061; 36 lbs. tea, @ $.94; 75 yds. cassimere, @ $3; 63 gals. molasses, @ $.371; 125 lbs. rice, @ $.081. 6. Guilbeau & Martin, Breaux Bridge, La., sold Arcade Patin, Dec. 3, 1888, 943 lbs. bacon, @ 9 cts.; 75 lbs. boneless bacon, @ 14 cts.; 256 lbs. ham, @ 12 cts.; 325 lbs. shoulder, @ 10 cts.; 68 lbs. dried beef, @ 16 cts.; 323 lbs. Bologna sausage, @ 18 cts. 7. Dr. W. H. N. Magruder bought of David, Garig & Co., Baton Rouge, La., Dec. 2, 1888, 37 lbs. sugar, @ $.06; 138 lbs. coffee, @ $.17; 25 lbs. rice, @ $.06; 6 lbs. starch, @ $.03; 3 gals. syrup, @ $.45; 60 lbs. flour, @ $.03; 42 lbs. grits, @ $.013; 2 lbs. tea, @ $.57; 15 Ibs. dried apples, @ $.07. The amt. due was paid to Burnett, Agent. 8. A. E. Read, Esq., bought of Doherty & Co., Baton Rouge La., May 5, 1889, gross knives and forks, @ $7.75; gross tablespoons, @ $12.25; 250 lbs. rod iron (1 in.), @ $.02; doz. axes, @ $6; 2 kegs nails (10d.), @ $2.50; doz. L. H. shovels, @ $6.35; 2 B. F. Avery & Son stubble-diggers, @ $75; 55 lbs. sad irons, @ $.034; 2 J. H. Hall cotton plows, @ $4.90. The amt, due was paid to Hereford for the Firm. MISCELLANEOUS PROBLEMS. EXERCISE XLIII. 219. 1. What common fraction is equivalent to .08125? 2. Reduce .37 to a simple decimal. 3. Reduce of 15 to a decimal. 4. Reduce 3.2, .2371 and 13.21 to a common denomi nator. 5. Simplify (64.5.015)(64.5 .015). 6. Simplify .0512÷.032÷.005. 7. From 25.6.064 take 32.4 × .015. 8. How much is .082.006 × 1.25 ÷ .016? 9. Find the cost of 327.25 pounds of sugar, @ 8.75 cts. 10. Find the cost of 23.64 tons of coal, @ $5.871. 11. Find the cost of of 327.6 acres of land, at of $124 an acre. 12. Find the cost of 2432.5 lbs. of cotton, at $.703 per hundred. 13. Find the cost of 3175.75 lbs. of hay, at $12 per ton. 14. What will be the cost of 5.11 lbs. of rice, at the rate of ($7.6875 ÷ 187.5) per pound? 15. If 19.25 acres are divided into lots of .83 of an acre each, what are all the lots worth at $5.35 a piece? 16. At $12.75 per ton, what is the value of 9 loads of hay, each weighing 1640.5 pounds? 17. How much will a merchant receive for broadcloth which cost $6651, at $7.39 per yard, if he makes $1 on each yard? 18. A grocer sold 252 barrels of flour for $2047.50, and gained $.37 on each barrel; what did he pay for the flour per barrel? 19. A farmer paid $791.2375 for 65 sheep @ $4.50, 18 cows @ $23.35, and 6275 rails; what did the rails cost per hundred? |