45. For £100 stock in have to pay £92 for it. sold out.

1st case the income is £3, and I This stock is worth £963 when

... Income on this in 2d case of £963 = £4, 16s. 9d.

=

Increase in income = £4, 16s. 9d. – £3= £1, 16s. 9d.

9: 183 15: 100: amount of stock in

20

3 p. c.

3675

Sum I had to pay for it = £924 × 100 = £9225 Ans.

47. Loss on £100 stock = £967 - £82}= £14}

£1000, = £143 × 10=

141, 5s. Ans.

Sum realized by sale = £82 × 10 = £827, 10s.

4

4

14 245

375

35

35

1875

1125

8)13125

£1640

£1640

13125

21

=

=

=

Ans.

£1000000 8000000 12800

£

89: corresponding value of the 3 per cents.

8

If the latter be only at £104, of course the
latter is the better investment.

:}

PERCENTAGES.

Ans.

10. Quantity in cask= 20 gals. - 1 of 20 gals.

= 20 gals. - 2 gals. = 18 gals.

Number of times tumbler can be filled = 18 gals. ÷ 1

gills

= 18 × 4 × 2 × 2÷/

=