# Practical Exercises in Commercial Arithmetic

H.E. Hibbard, 1908 - Business mathematics - 180 pages

### Contents

 MULTIPLICATION TABLE 14 DEFINITIONS 28 DEFINITIONS 34 ACCURATE INTEREST 43 AVERAGING OF ACCOUNTS 49 PARTIAL PAYMENTS 64 BANK DISCOUNT 70 PERCENTAGE 81
 TAXES 119 34 120 50 127 INSURANCE 129 EXCHANGE 135 STOCKS AND BONDS 146 59 157 PARTNERSHIP 158

 TRADE DISCOUNTS 91 PROFIT AND LOSS 99 COMMISSION AND BROKERAGE 110

### Popular passages

Page 16 - To reduce a mixed number to an improper fraction, — RULE : Multiply the whole number by the denominator of the fraction, to the product add the numerator, and write the result over the denominator.
Page 175 - DRY MEASURE 2 pints (pt.) = 1 quart (qt.) 8 quarts =1 peck (pk.) 4 pecks = 1 bushel (bu...
Page 15 - An Improper Fraction is one whose numerator is equal to or greater than its denominator ; as, f , -J.
Page 177 - SQUARE MEASURE 144 square inches (sq. in.) = 1 square foot (sq. ft.) 9 square feet — 1 square yard (sq. yd.) 30^ square yards = 1 square rod (sq. rd.) 160 square rods = 1 acre (A.) 640 acres = 1 square mile (sq.
Page 173 - Troy Weight. 24 grains (gr.) - 1 pennyweight (dwt.) 20 pennyweights — 1 ounce (oz.) 12 ounces — 1 pound (1b.).
Page 178 - SURVEYORS' SQUARE MEASURE. 144. This measure is used by surveyors in computing the area or contents of land. TABLE. 625 Square Links (sq. 1. ) make 1 Pole P. 16 Poles " 1 Square Chain . sq. ch. 10 Square Chains " 1 Acre A. 640 Acres " 1 Square Mile . . sq. mi. 36 Square Miles (6 miles square)
Page 180 - TABLE. 12 Units = 1 Dozen . . . doz. 12 Dozen = 1 Gross . . . gro. 12 Gross = 1 Great Gross . G. gro.
Page 21 - Multiply the numerators together for a new numerator, and the denominators together for a new denominator.
Page 45 - RULE. — Divide the given interest by the interest of the given principal for 1 year, and the quotient is the time.
Page 171 - I 238. VALUE is the worth of anything, or what it will produce when sold. MONEY is the measure of value. 239. UNITED STATES MONEY is the legal currency of the United States. It consists of gold coins, silver coins, US Treasury notes, and national-bank notes. 240. LEGAL TENDER is a term applied to money which may be offered in payment of debts. 241. The unit by which values are measured is the gold dollar of 25.8 grains. TABLE. 10 Mills = 1 Cent ^. or ct.