Orton & Sadler's Business Calculation and Accountants Assistant: A Cyclopaedia of the Most Concise and Practical Methods of Business Calculations, Including Many Valuable Large Saving Tables Together with Improved Interest Tables ...Sadler publishing Company, 1890 |
Other editions - View all
Orton & Sadler's Business Calculation and Accountants Assistant: A ... Hoy D Orton No preview available - 2016 |
Common terms and phrases
20 per cent Account shows acres added aliquot amount annex ascertain asking price balance Banks base breadth cancel capital Cash ciphers circle X circumference cistern Clearing House column completes the product contained cost Credit of Account cube root cubic feet cubic foot Debit of Account decimal places diameter discount divide divisible divisor dollars equal EXAMPLE EXAMPLE.-How feet long find the interest FIND-The fluid ounce foot fractions gain or loss gallons girth given number gives the interest gold GOLD COMMANDS grains GUNTER'S CHAIN hence integers invested measure method mixed number multiplicand multiply any number multiply the principal nearest unit NOTE number of days number of months par value Partners payment Percentage pounds premium present worth quotient rate per cent result rods RULE RULE.-Divide RULE.-Multiply square root Stock subtract thick timber Trial Balance unit figure weight whole number yards
Popular passages
Page 89 - Interest is premium paid for the use of money, goods, or property. It is computed by percentage — a certain per cent, on the money being paid for its use for a stated time. The money on which interest is paid is called the PRINCIPAL. The per cent, paid is called the RATE; the principal and interest added together is called the AMOUNT. When a rate per cent is stated, without the mention of any term of time, the time is understood to be 1 year.
Page 231 - ... must a ladder be to reach from the outside of the ditch to the top of the castle?
Page 163 - AT DIFFERENT PER CENTS. Now, as removing the decimal point one place to the left, on the cost of a dozen articles, gives the selling price of a single one with 20 per cent, added to the cost, and, as the cost of any article is 100 per cent., it is obvious that the selling price would be 20 per cent, more, or 120 per cent. ; hence, to find 50 per cent, profit, which would make the selling price 150 per cent., we would first find 120 per cent., then add 30 per cent...
Page 127 - ... of $3,000 ; how much did he owe B at the close of the year ? By the Common Rule. Principal $10,000 Interest for the whole time 600 Amount $10,600 1st payment $6,000 Interest, 8 months 240 2d payment 3,000 Interest, 4 months 60 Amount $9,300 9,300 Due $1300 PROBLEMS IN INTEREST.
Page 259 - The description of a forty acre lot would read : The south half of the west half of the south-west quarter of section 1 in township 24, north of range 7 west, or as the case might be ; and sometimes will fall short and sometimes overrun the number of acres it is supposed to contain. The nautical mile is 795 4-5 feet longer than the common mile. SURVEYORS
Page 182 - ... 9. These cases are — 1st. When two figures are made to exchange places with each other, the orders in notation remaining the same : eg, 372 made to read 327, or 732, or 273. 2d. When two or more figures are made to change their places in notation, their arrangement in respect to each other remaining the same : eg, $4275 made to read $42750, or $42.75, or $427.50.
Page 261 - Weight is used in weighing gold, silver, and jewels, and in philosophical experiments. TABLE. 24 Grains (gr.) make 1 Pennyweight. pwt. 20 Pennyweights " 1 Ounce oz. 12 Ounces
Page 223 - Sheet lead, used in roofing, guttering, etc., weighs from 6 to 12 pounds per square foot, according to the thickness, and leaden pipe varies in weight per yard, according to the diameter of its bore in inches. The following table shows the weight of a square foot of sheet lead, according to its thickness, reckoned in parts of an inch, and the common weight of a yard of leaden pipe corresponding to the diameter of its bore in inches: Thickness of Lead.
Page 116 - RULE. — Reduce the years to months, add in the given months, and place one-third of the days to the right of this number, and you have the interest in dimes, EXAMPLE 1. — Required the interest of $200 for 3 years. 7 months, and 12 days, at 6 per cent. 200 J of 12 days=4.
Page 29 - Multiply the tens in the multiplicand by 744 the unit figure in the multiplier, and the units in the multiplicand by the tens figure in the multiplier, thus : 1x2 is 2; 3X4 are 12, add these two products together...