Commercial Arithmetic |
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60 days accrued interest acres addends amount average balance due barrel bill bought brokerage bushels cash cents per pound charges common fraction compound interest denominator deposit divide dividend divisor dollars draft drayage equated date EXAMPLES FOR PRACTICE exchange find the interest focal date gain gallons greatest common divisor gross cost gross proceeds Hence ILLUSTRATIVE EXAMPLE Income per share indorsement integers investment invoice Java coffee July July 18 June June 15 least common multiple loss marked price market value maturity minuend months Multiply number of days obtaining paid par value payable payment premium prime cost principal profit purchase quantity quotient rate of commission rate per annum rate per cent received remainder Rule.-I selling price Sept shares Solution subtract subtrahend units wheat yard