capital of $1,000. August 1st they are joined by Mr. C, with a capital of $900. The profits of the business for the entire year were $1,500: what was each man's share of the profits? 86. A merchant bought a bill of goods amounting to $5,275 on 3 months' credit, but was offered 5% discount for cash: how much would he gain by paying cash, money being worth 8%? 87. A dealer imported 500 yards of carpeting, invoiced at $2 per yard: what was the duty at 50% ad valorem? 88. A merchant had 500 barrels of flour insured at 80% of its cost at 31%. He paid $107.25 premium: at what price must he sell the flour to gain 20%? 89. If of a farm is sold for § of its cost, what per cent. is gained? 90. If a man is paying $300 a year for rent, would he gain or lose, and how much, by borrowing the $4,500 for 4 years 6 months at 6%, and purchasing the house? 91. What is the cost of a draft on Chicago for $2,500, payable in 60 days after sight, interest 6%, and exchange at 3% premium? 92. In what time will $1,120 at 8% produce $212.80 interest? 93. A and B enter into partnership. A furnishes $240 for 8 months, and B $559 for 5 months. They lose $118: how much did each man lose? 94. I wish to build a cubical cistern that will hold 50 barrels: how deep must I dig it? 95. If I make a cylindrical cistern 8 feet deep, what must be its diameter to make it large enough to hold 200 barrels? 96. If a globe 4 inches in diameter weighs 4 pounds, what is the diameter of one that weighs 125 pounds? |