FELLOWSHIP. 137 



1. A and B havo gained by trading 18 J. A put into 

 stock 300I. and B 400I. what is each person's share of the 

 profit ? Ans. A 7 81. and B lo/jJ. 



3. Divide 120I. between three person's, so that their 

 shares shall be to each other as i, 2 and 3, respectively. > 



Ans. IcA. 40I. and 60L 



4. Three persons make a joint stock- ; A put in 184!* 

 I OS. B 96I. 15s. and C 76I. 5s. they trad-c and gain 22 oh 

 I2s. what is each person's share of the gain ? 



Ans. A 1 13I. 16s. 4ff, B 59I. 143. Vtt. C 47'- 's. -'^. 



^. Three merchatits A, B and C, freiglit a ship with 



340 tuns of wine ; A loaded no tuns, B 97, and C the 



r^st. \i\ a Gtorm the seamen were obliged to throw 85 tuns 



overboard j how much must each sustain of the loss ? 



A 27i, B 24^, and C 33i. 

 6. A ship v/orth 860I. being entirely lost, of which ^ 

 belonged to A, -^ to B, and the rest to C ; what loss will 

 each sustain, supposing. 500I. of her to be insiired .f* 



Ans. A 45!. B 90I. and C 225L 

 7/ A bankrupt is indebted to A 275I. 14s. to B 304!. 7s. 

 to C 152I. and to D 104I. 6s. His estate is worth only 

 675I. 15s. how must it be divided ? 



Ans. A 222I. 15s. 2d. B 245I. 1 8s. i-^-d. 

 C I22h 'kSs* 2{-d. and D 84]. 5s. 5d. 

 8. A and B, venturing equal sums of money, clear by 

 joint trade 154I. By agreement A v/as to have 8 per cent, 

 because he spent his time in the execution of the project, 

 and B was to have only 5 per cent. 3 v/hat was A allowed 

 for his trouble ? . Ans. 35I. 105. 97-Vd. 



DOUBLE FELLOWSHIP. 



Double Fellowship is when different or equal stocks arc 

 employed for different times* 



RULr, 



