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COMMERCIAL DISCOUNT.

924. Slate Problems.

1. On a bill of goods amounting to $583.40, a discount of 5% is given for cash. What is the amount paid?

2. What will be the cost of 16 gross of Roman candles at $26.75 per gross, less 60% ?

3. Sept. 1, 1894, I bought tea amounting to $1,876.50. If 5% is deducted for payment within ten days, how much would I have to pay if I paid the bill Sept. 9?

4. What will be the cost of 15 cases cocoa @ $13.20 each, less 20%?

5. Bought 5 gross of essence of lemon at 50¢ per doz., less 5%. What is the amount of my bill?

6. Find the cost of 15 cases of chloride of lime, 50 lb. per case, at 9 per lb., less 15%.

7. What will be the net cost of a bill of plated ware amounting to $84.75, on which a discount of 331 and 10% is allowed?

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8. Find the difference between $390 less 431% discount, and $390 less 33 and 10% discount.

9. Thurber, Whyland Co. sold the following goods. Make out the bill, less 50 and 10 and 10 and 10% discount.

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10. Find the net cost of 18,500 bags at $4.40 per M. less 60 and 10 and 5%.

11. Which is the better discount for the buyer, 40 and 10% or 30 and 20%? What will be the difference on a bill of $100?

12. $100 less 33 and 10% discount is equal to what? What per cent discount is 33 and 10% equal to? To what per cent net is it equivalent?

13. What per cent discount is equal to 40 and 20% discount?

14. In price-lists the "gross" price is generally given. What is the "gross," or "list," price of plated ware costing $60 net, on which a discount of 33 and 10% was allowed?

15. What per cent of the list price is the net price of goods on which 20 and 10% discount is allowed?

16. What per cent of the gross price is the net price of goods on which 10 and 20% discount is allowed?

925. Wilmington, Del., Public Schools. Examination Questions.

1. Find 12 per cent of $648.

2. What per cent of 16 is 12?

3. What per cent of 50 dollars is 5 cents?

4. 62.75 is 10 per cent of what?

5. Write three-fourths of one per cent, first as a pure decimal, and again as a common fraction.

6. of a number is what per cent of it?

7. 30 and 6 per cent off the price of an article marked $4.00 reduces the price to what?

8. The selling price was $30, and the gain 25 per cent. What was the cost?

9. What number diminished by 15 per cent of itself is 510?

10. If a piece of property is taxed $28.60, at a tax rate of of one per cent, what is the assessed value of the property?

11. Mr. Wilson bought 96 shares of stock, par $50, for $4,476. What was the rate of discount?

12. A boy deposited $ 15 in bank. This was 30 per cent of what he had in bank before making this deposit. What had he there after this deposit?

13. What is the interest of $500, for 3 years 4 months and 18 days, at 6 per cent?

14. What is the interest of $3,000, for 2 years and 6 months, at 5 per cent?

15. What is the exact interest of $500, for 100 days, at 8 per cent? (Take 365 days to the year.)

16. What is the interest of $700, from March 10 to November 3, at 5 per cent? (360 days.)

COMMERCIAL DISCOUNT.

926. Oral Problems.

1. A piano, marked $800, is sold at a discount of 25 and 10%. What is the selling price?

2. Bought goods amounting to $ 600, less 5% for cash. What is the net cost of the goods?

3. What single discount is 50 and 10% equal to?

4. What single discount is 30 and 30% equal to?

5. Paid $729 for goods, on which 10% was allowed. What was the "gross" price?

6. How much will I have to pay for 12 doz. bottles flavoring extract, at 60 per doz., less 10% ?

7. What is the "list" price of an article for which I paid $48, after a discount of 25% was deducted?

8. Which is the larger discount, 40 per cent or 20 and 20% ? Why?

9. What is the difference between a discount of 50 and 10% and one of 10 and 50% ?

10. Find the net cost of a $700 bill of fire works, on which : discount of 60% is allowed.

927. Brooklyn Public Schools. Examination Questions.

1. A man received $2.75 per day, exclusive of Sundays, during 1891. He paid $73 for clothing for himself and family, $15 per month rent, $1.10 per day for provisions, $8 per month for fuel and light, and 25¢ per day for other expenses. How much had he left at the end of the year?

2. Divide the product of 8 and 113 by their difference.

3. If a meter measures 39.37 inches, how many yards will be equal to 2,400 meters?

4. A merchant bought 340 bushels of potatoes at 80 per bushel; 20 per cent of them proved worthless, and were thrown away. He sold the remainder at $1.10 per bushel. How much did he gain or lose?

5. What would it cost, at 12 per square yard, to paint the outside of a fence, 6 feet high, that encloses a lot 100 feet long and 25 feet wide?

6. Divide eighty-four and eighty-four hundredths by fortyeight thousandths.

7. What is the interest on $250.75, at 4 per cent, for 197 days, taking 360 days to the year?

8. A man can do a certain work in 18 days. What per cent of it can he do in 63 days?

9. What is the amount of $1,395, at 4 per cent, for 7 months 24 days?

10. A man spent 30 per cent of his money for clothes, 20 per cent for rent, and had $75 left. What rent did he pay?

11. What is the value of (of § of 33 +83) ÷ (101 - 711)?

12. From 16 ten-thousandths take 27 millionths, multiply the difference by 20.5, and divide the product by 410.

13. How many bushels of grain will fill a bin 8.5 feet long, 4.25 feet wide, 3 feet deep?

14. I wish to put 111 bu. 2 pk. 4 qt. of grain into 47 bags. What quantity must each contain?

15. What is the difference between per cent of $15,000, and 50 per cent of $15,000?

16. A man bought silverware for $120, and sold it for $250 less 33 and 10 per cent. What was his profit per cent?

17. What is the interest on $356.75, at 4 per cent, for 3 yr. 5 mo. 14 da.?

18. A note for $600, drawn January 16, payable 4 months after date, is discounted March 25 at a bank, at 6 per cent. What are the proceeds?

19. There are 350 pupils on the third floor of a school, 450 on the second floor, and 600 on the first floor. What per cent of the pupils are on each floor?

20. A dry-goods merchant sells goods 12 than their cost, and realizes a profit of 8 per cent. cost per yard?

per yard more What is the

21. A man bought 396 acres of land for $40,293. He sold 150 acres at $120 per acre, 134 acres at $80 per acre, and the remainder at cost. Did he gain or lose, and how much?

22. If 443 yards of calico cost $1.99, how much must be paid for 80 yards?

23. Divide the sum of 75 thousandths and 75 ten-thousandths by the difference between 75 hundredths and 75 tenths.

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