lS(S ARITHMETIC. 



EXAMPLES. 



I. What is the interest of 945I. los. for 3 years, at 5 

 per cent, per annum ^ 



945*5 



47*275 



141-825 

 20 



16*500 



12 



6-poo Ans. 141L 1 6s. 6d. 



2. What is the interest of 796I. 15s. for 5 years, at 4 

 per cent, per annum ? ^ 



Ans. 179I. 5s. 4^d. 



3. What is the interest of 537I. 15s. from November 

 II, 1764, to June 5, 1765, at 3|- per cent. ? 



Ans. I il. ~d. 



COMMISSION. 



Commission is an allowance of so much per cent, to a 

 factor or correspondent abroad, for buying and selling 

 goods for his employer. 



EXAMPLES. 



