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" RULE.* Multiply the principal by the rate per cent, and divide the product by 100: the quotient will be the interest for 1 year. "
A system of practical arithmetic - Page 85
by William Lane (of Worthing.) - 1845
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A New System of Mercantile Arithmetic: Adapted to the Commerce of the United ...

Michael Walsh - Arithmetic - 1807 - 290 pages
...is the sum per cent.-agreed on. Amount, is the principal and interest added together. GENERAL RULE. Multiply the principal by the rate per cent, and divide the product by 100, and the quotient is the answer for one year.. EXAMPLES. 1 . What is the interest of ¿£.496 for one...
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Mathematics: Compiled from the Best Authors, and Intended to be ..., Volume 1

Samuel Webber - Mathematics - 1808 - 466 pages
...Multiply the principal by the rate, and divide the pro* duct by 100; and the quotient is the answer for one year. 2. Multiply the interest for one year by the given number of years, and the product is the answer for that time. 3. If there be parts of a year,...
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A New and Plain System of Arithmetic: Containing the Several Rules of that ...

Elijah H. Hendrick - Arithmetic - 1810 - 220 pages
...Simple and Compound.!, SIMPLE INTEREST is that which arifes from the principal only. General Rule. I. Multiply the principal by the rate per cent, and divide the product by loo, (or, which is the fame, cut-off two right hand figures in the pounds, which mint be reduced to...
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The Teachers Assistant. Or, A System of Practical Arithmetic: Wherein the ...

Arithmetic - 1811 - 210 pages
...CASE*1!. When the time is one year, and the rate per cent, is pounds or dollars only. * • RULE.» Multiply the principal by the rate per cent, and divide the product by 100. PROOF. , , By the Single Rule of Three. EXAMPLES. 1. What is the interest of 525 L. for 1 year, at...
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Daboll's Schoolmaster's Assistant: Improved and Enlarged, Being a Plain ...

Nathan Daboll - Arithmetic - 1815 - 250 pages
...principal and interest added together. CASE I. To find the interest of any given sum for one year. RULE. Multiply the principal by the rate per cent, and divide the product by 100 ; the quotient will be the answer. EXAMPLE!. 1. What is the interest of 39Z. lls. 8id. for one year at 61. per cent,...
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Logarithmick Arithmetick: Containing a New and Correct Table of Logarithms ...

Arithmetic - 1818 - 264 pages
...RULE. 1 . Multiply the principal by the rate, and divide the product by 100. The quotient is the answer for one year. 2. Multiply the interest for one year by the given number of years, and the product is the answtr for that time. 3. If there be parts of a year,...
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Daboll's Schoolmaster's Assistant, Improved and Enlarged: Eing a Plain ...

Nathan Daboll - Arithmetic - 1823 - 262 pages
...principal and interest added together. CASE I. To find the interest of any given sum for one yeai» RULE. Multiply the principal by the rate per cent. and divide the product by 100 ; the quotient will be the answer. EXAMPLES. 1. What is the interest of S9/. Us. 8itI. for one year, at 61. per cent....
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The Teachers' Assistant: Or a System of Practical Arithmetic

Stephen Pike - Arithmetic - 1824 - 212 pages
...1. To find the interest when the time is one year, and the rate per cent. is pounds or dollars only. Multiply the principal by the rate per cent. and divide the product by 100: the quotient will be the interest for 1 year. PROOF. By the Single Rule of Three. EXAMPLES. 1. What is the interest...
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Daboll's Schoolmaster's Assistant, Improved and Enlarged

Nathan Daboll - Arithmetic - 1825 - 248 pages
...principal and interest addeâ together. CASE i. Vb find {he interest of any given sum for one ysar. RULE. Multiply the principal by the rate per cent. and divide the product by 100 ; the quotient will be the answer. EXAMPLES. 1. What is the interest of 391. 11s. SJd. for one year. at 61. per cent,...
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Pike's System of Arithmetic Abridged: To which are Added Appropriate ...

Nicolas Pike, Dudley Leavitt - Arithmetic - 1826 - 214 pages
...insurance of his property, and is generally at so much per cent. RULE. — Multiply the sum to be insured by the rate per cent. and divide the product by 100 ; — the quotient will be the premium or answer. EXAMPLE. What will be the annual premium for insuring a house against...
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