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2214 ARITHMETIC

3. Write such a note as Mr. Taylor might give for the amount. Date it today, and make it payable on demand with interest.

4. Compute the interest on the note, or on the value of the wood, from date to the 27th of next month.

EXERCISE 47. (REVIEW.)

1. Find the interest on $4050 from April 14, 1910, to June 10, 1913,

at 5%.

2. Mr. Jones sold 60 bu. wheat at $1.15 a bushel. This was 5% more than he paid for it. How much did he gain I

3. Express .625 and .1428 as common fractions in lowest terms.

4. If f of a yard of silk cost $1.15, how many yards will cost $55.20?

5. How much did a lawyer receive for collecting a bill for $325 at 8%, and one for $850 at 1\% ?

6. Find the sum of these fractions: |-, f f, ff.

7. If 136 masons can build a wall in 28 days, how many will be required to build it in 8 days?

8. If a merchant sells flour at $7.37 a barrel and gains 10%, what % would he gain if he sold it at $8.04 a barrel ?

9. What will it cost to cement a cellar floor 48 ft. 6 in. long and 24 ft. wide at 45c a sq. yd.?

10. Mr. Brown bought a horse for $325, paid $60 for keeping him, and then sold him for $477.40. What per cent did he gain?