DIVISION OF FEDERAL MONEY.

RULE.

When the sum con

Proceed as in Simple Division. sists of dollars and cents, the two right hand figures of the quotient will be cents. When there is a remainder, multiply it by 4, adding the number of fourths that are in the fraction of the sum (if there be any) to its product; then divide this product by the divisor, and its quotient will be fourths, which must be annexed to the quotient of the sum. When the sum consists of dollars only, if there be a remainder, add two cyphers to it; then divide by the divisor as before, and its quotient will be cents, which must be added to the quotient of the sum. When the sum is in dollars, and the divisor is larger than the dividend, add two cyphers to the dividend-then divide, and the quotient will be in cents.

APPLICATION.

1. Divide 400 dollars, equally, among 20 persons. What will be the portion of each person? Ans. $20. 2. Divide 1728 dollars, equally among 12 persons. What does each one of them share?

Ans. $144.

3. If 240 bushels cost 420 dollars; what is the cost of one bushel at the same rate?

Promiscuous Examples.

Ans. $1.75.

1. What will the following sums amount to, when added together, namely:

$124.621;

and $20.314?

$248.871;

$342.40;

$9850.25. Ans. $10586.461.|

2. If my estate is worth 12870 dollars, and I meet with losses amounting to $4364.50, how much shall I have left? Ans. $8505.50. 3. A merchant enters into a trade by which he receives $1324.62 per year, for four years: how much is his whole gain? Ans. $5298.50. 4. An estate of 98740 dollars is to be divided, equally, between 8 heirs; what will each receive?

Q. 1. What are the denominations of Federal Money?
2. How many mills make a cent?
3. How many cents make a dime?
4. How many dimes make a dollar?
5. How many dollars make an eagle?

6. How are the denominations generally used in
writing Federal Money, and in reckoning?
7. Where is Federal Money used as a currency?
In the United States of North America.

Answer.

Exercises for the slate in Federal Money.

1. What is the sum of 50 cents and 5 dimes?

Ans. 1 dollar.

2. A man owed $36.46.5, and paid $27.69.6; how much did he then owe? Ans. $8.76.9.

3. A man laboured 6 months at 25 dollars 6 cents and 5 mills per month. How much did his wages Jamount to? Ans. $150.39. 4. If you divide $35001.50 equally among 125 men, how many dollars will each have? Ans. $280.01,2.

5. Bought an umbrella for four dollars, a peuknife for 37 cents and 5 mills, a hat for 3 dollars and 63 cents, a cane for one dollar and 5 dimes, and a book for one dollar and a quarter. How much did he pay for all these articles. Ans. $10.19. 6. What will 1473 peaches come to at 5 mills a piece? Ans. 7 dollars 36 cents 5 mills, or $7.36.5. 7. A lady bought 8 yards of silk for 10.37.6. How much is that a yard? Ans. $1.29.7. 8. A boy sold a top for a dollar, and gave away 121 cents of the money. How much had he left?

Ans. 874 cents. 9. Add two mills, two cents two dimes, and two dollars together. Ans. $2.22.2. 19. You borrow $538.15 and pay $236.18; how much remains unpaid.

Ans. 299.97.

11. Going a journey I took two 50 dollar bills to bear my expenses, which were as follows, viz: Stage fare eighteen dollars; board, nine dollars and fifty cents; carrying trunk, seventy-five cents; private conveyance at one time, six dollars and 37 cents; and at another, seven dollars. How much had I left, on my return home?

Aas. 58.37. Ans. $4.99.9. 99 cents and 9 Ans. $0.00.1.

12. From five dollars take one mill? 13. From 4 dollars take 3 dollars mills. 14. What will 2640 bushels of oats cost at 12 cents per bushel?

Ans. $330. 15. A man paid $4.60 for 12 yards of cloth. "How much was the cloth a yard? Ans. $2.30.

16. If John spends 6 cents a day, how many would he spend in a year, or 365 days? Ans. $21.90. 17. I bought a wagon for 70 dollars, and paid $9.12 for repairing it, and sold it again for $75.624. Did I make or lose by the bargain? and how much?

Ans. Lost $3.50.

18. I bought at a store a pair of gloves for 75 cents, a vest pattern for $1.124, two yards of cloth for a coat at $2.87 per yard, and trimmings for 18 cents; and to pay the bill, I gave the merchant an eagle. How much should he give me in change? Ans. $2.18.

19. Three men sold their marketing for 10 dollars. What would be the share of each, if the money were divided equally among them?

$3.33+ 20. A lady went a shopping with the sum of 55 dollars and her purchases amounted to 29 dollars and 624 cents; how much had she remaining? Ans. $25.371. 21. If a person pay for board $3.50 a week, how much will he pay in 26 weeks? Ans. $91.00.

22. A person bought a box of tea weighing 14 pounds for $17.50; how much is it a pound? Ans. $1.25. 23. A gentleman rents a house for 650 dollars a year; how much is it a month? Ans. $54.16.6.

24. A person has due to him the following sums of money, viz: 574 dollars 64 cents; 425 dollars 25 cents; 175 dollars 684 cents; 341 dollars 87 cents; 1021 dollars 12 cents. How much is due to him in all?

Ans. $2538.00.

25. Bought 35 yards of cloth at 2 dollars and 64 cents a yard; 51 pair of shoes at 87 cents a yard; 10 dozen of buttons, at 184 cents a dozen, and 75 hats, at $3.25 a piece. To how much did the whole amount? Ans. 362.434.

26. Four men about to descend the Ohio river in a boat, laid in the following provisions, viz: 26 loaves of bread, at 64 cents a loaf: 41 pounds of ham, at 121 cents a pound; 17 pounds of coffee at 18 cents a pound, 15 pounds of cheese at 9 cents a pound, and paid for sundry other articles $6.434. How much did the whole amount to, and what was the share of each?

Ans. $17.72. Each man's share $4.43.