Multiply  32,  fixed  number,  by  the  courfe  of  ex-
change between  London  and  Amfterdam ;  and  divide'
the  product  by  the  courfe  of  Hamburgh  on  Amftei-dain;

34-  32

4*fraaion  37i


137  div.  224

8'


1192

4  fra<5lion


137)4768(34  9|  refult.
658
110
12

220
110

1320
87
T4


280  OF    ARBITRATIONS    OF    EXCHANGE.
LONDON  AND  HAMBURGH
through  Genoa.
A  bill  on  Genoa  taken  in  London  at  45  pence  (ler-
ling  per  pezza  of  115  foldi  fuori  di  banco  is  remitted
to  Hamburgh,  and  negotiated  at  78  grotes  Flemifli
banco  per  pezza  fuori  di  banco  :  what  is  the  propor-
tional exchange  between  London  and  Hamburgh?

EQUATION.
1  pound  fterling  =:  x

1  pound  fterling  =  240  pence
45  pence  =      1  pezza

1  pezza,  =    78  grotes

12  grotes  =      1  (hilling  Flemifli.
RULE.
Multiply  20,  fixed  number,  by  the  courfe  of  ex-
change between  Hamburgh  and  Genoa;  and  divide
the  produ6l  by  the  courfe  of  London  on  Genoa.
20

78

45)1560(34  8  refult.
210
30
.     12


360
0


OF    ARBITRATIONS    OF    EXCHANGE.  281

LONDON  AND  HAMBURGH

through  Leghorn.
A  bill  on  Leghorn  taken  in  London  at  48|  pence
fterling  per  pezza  of  8  reals  is  remitted  to  Hamburgh,
and  negotiated  at  85 1  grotes  Flemifh  banco  per  pezza
of  8  reals :  what  is  the  proportional  exchange  between
London  and  Hamburgh  ?

EQUATION.
1  pound  fterling  n  x

]  pound  fterling  =  240  pence
48:1:  pence  =:       1  pezza

1  pezza  =     85|  grotes

12  grotes  ■=.       1  Ihilling  FlemiHi.
RULE.
•    Multiply  20,  fixed  number,  by  the  courfe  of  exchange
between  Hamburgh  and  Leghorn;  and  divide  the  pro-
du(51;  by  the  courfe  of  London  on  Leghorn.
48i  20

4  fradion  .     85|


193  div.  1700

1.5


1715

4  fra(5lion


193)6860(35  G\  refiilt.
