: 5 London remits to Ireland 65 tl. 146 ud. sterling ; how much Irish, must London be credited, exchange at 12 per cent? answer 7291 195 2d. 6 Philadelphia, 20th 2mo. 1820. Exchange for 4521 10s 6d, sterling. Thirty days after sight of this my first of exchange, se cond and third of like tenor and date not paid, pay to Saa muel Simms, or order, four hundred fifty-two pounds, ten shillings and six pence sterling, value received ; and place the same to account, as per advice from, Peter Simpson. Samuel Pimm, Merchant, London. What is the value of this bill in Pennsylvania currency, exo change at 774 per cent ? answer 803l. 45 7d, 7 In a setilement between C of Philadelphia, and D of London, C is indebted 7501 25 4d. sterling; what sum Pennsylvania currency is equivalent ; exchange at 78 per cent? answer 13351 4s 2d. 8 How much sterling is equal to 13411 98 4d. Pennsylvania currency, exchange at 674 per cent ? answer 800l 175 6d. 9 What sum sterling will be equal to 2601 8s 6d. Virginia currency, exchange at 44 per cent? answer 180l. 175. 10 Purchased in Ireland effe&ts to the value of 400l 17 9d. of that place; what sum Pennsylvania currency, will discharge the debt, exchange at 512 per cent? answer 6077 6s rodo Philadelphia: 2d zmo. 1820, Exchange for 4226 livres, 12 sols, 3 deniers. Thirty days after sight of this my second of Exchange, first of the same tenor and date not paid, pay to ThomasBroker, or order, four thousand two hundred and twentysix livres, twelve sols, and eight deniers, value received ; and place the same to account as per advice from, Silas Stroud. To Thomas Lamott, Merchant, London. How 6 How much sterling is the above bill, at iodių per livre? And what sum in Pennsylvania currency, at 17d. per livre? L. S. d. | 184 18 31 Sterling. S 308 3 10 Currency. 12 A Connecticut merchant imported goods from France, amounting, per invoice, to 49008 livres ; how much currency of that state, at 15d. per livre, will they amount to ; and how much sterling will discharge the debt, exchange being at par? d. $ 3063 o o Currency. 12297 50 Sterling 13 A merchant in Holland being desirous to turn 4376 florins currency into banco, the agio at 4 per cent, how many pounds Flemish banco must he receive ? answer 7011. iflo. 13sti. 13pen. 14 P, of Philadelphia, receives of A, of Amsterdam, an invoice of goods amounting to 10235 fo. 17sti. Spen. how much Pennsylvania currency, must be remitted to discharge the bill, at 350 per forin? And what is the sum in sterling, exchange at 38s 6d. Flemish per £. sterling ? L. S. d. 1503 7 107 Currency. 7 886 4 5 Sterling. 15. A bill for 2524 pezos, 711a. 33marv. being remitted to Cadiz; what sum, Pennsylvania currency, is equal thereto, at 7s 6d. per pezo? answer 9461 173 5d. 16 A Virginia merchant sent goods to Norway, worth 17437 16s. Virginia currency; how many rix dollars, at 6s. each, must he receive ? answer 5812dols. 43. 17 A merchant of North Carolina shipped a quantity of flour, which, when disposed of, amounted to 1186 millreas, 500 reas; and received in return 17 pipes of wine , what was it per pipe, a millrea reckoned at 73.68. answer 261 35 5d. 18 In 2714 guilders, 15 stivers, how many pounds sterling ; exchange at 35s 6d. Flemish per te sterling? answer 2541 18s ide 19 In 2901 11s 10d. sterling, how many pounds Flemish; exchange at 336 10d. Flemish per 6. sterling, and agio at 45 per cent? answer 5131. 145 id. 20 London 4 20 London is indebted to Genoa in 17101 16s 4d.; for how many pezos may Genoa draw on London, the exchange at 47d. per pezo? answer 8644+ How many millreas will 1566/ 6s 8d. amount to, exchange at 64d. per millrea? answer 5873 milireas, 750 reas. 22 A merchant in Rotterdam remits 5647 105 60.- Flemish, to be paid in London ; how much sterling money must he draw for, exchange at 345 4d. per pound sterling? answer 3281 16s iids 23 Amsterdam changes on London 345 3d. per ki sterling, and on Lisbon, 52d. Flemish, for ; how then ought the exchange to go between London and Lisbon ? answer 75d. sterling, nearly, per millrea. 24 A, at Paris, drws on B, of London, for 1200 crowns, at 55d. sterling per crown; for the value whereof, B draws again on A, at 56di sterling per crown; besides commission per cent. what did A gain or lose by this transaction? answer A gained 154 + crowns.. 400 reas VULGAR FRACTIONS. is a partor parts A integes, and is noted thus , one-eighthys , seren eighths. The upper number is called the numerator, and shews the party or parts, expressed by the fractions the lower nurube is called the denominator, and denotes the number of such party contained in a unit. Vulgar fractions are either proper, improper, compound, or mixt. A proper fraction is one of which the numerator is less than the denominator ; thus, An improper fraction is one of which the numerator is equal to, or greater than, the denominator ; thus, š, A compound fraction is, a fraction of a fraction, as, I of of }, &c. A mixt number consists of a whole number and a fragion; 8 as, 73 A mixt fra&tion has a fraction annexed either to its nu. merator or denominator ; as, 43+, or, or Are REDUCTION REDUCTION OF VULGAR FRACTIONS. CASE 1. RULE. Divide the greater term by the less, and that divisor by the remainder, till nothing be left : the last divisor - will be the common measure ; by which divide both terms, for the fraction required : or, Take the aliquot parts of both terms continually, till in. their lowest terms. Note. If the common measure be 1, the fraction is already in its lowest terms. Ciphers to the right hand of both terms may be rejected; thus, foo 700 E X A M P L B s. I Reduce to its lowest terms. 2) 48)56(1 8)*(= facit. == facit. 48 Or, CASE 2. To reduce several fractions to others, retaining the same value, and to have one common denominator; RULE. Reduce the given fractions to their lowest terms: then ultiply each numerator into all the denominators but its own, for its respective numerator ; and all the denominator: into each other, for a common denominator. Note This case, and case 1, prove each other. E x A MPLES, EXAMPLES. i Reduce }, Lo I to a common denominator. 7X10X12=840) 9 x 8X12=864 Numerators. UIX 8 X 10=880 6.16 183 8X10X12=960 Denominator. facit 378 16, 314 and 148 and 093 Reduce 5 3, and zo to a common denominator. facit }, }:, 6 and 1 5 Reduce , vand ši to a common denominator. facit 1969 1405 240 , and CASE 3. 270 RULE. To the product of the whole number, with the denominator, add the numerator, for a new numerator, under which place the given denominator. 3 524 E XAMPLES. i Reduce 121 to an improper fraction. 12 X 17+15=facit. 2 Reduce 191% to an improper fraction, 3 Reduce 1616 to an imdroper fraction. 4 Reduce 100% to an improper fraction. 5 Reduce 51417 to an improper fraction. - Reduce 471145 to an improper fraction, 16118 To 5919 T6 39 294 300 CASE 4. To reduce an improper fraction to a whole or mixt nun. ber. RULE: |