21. Conversion of English currency
When converting the English currency, shillings and pence must be
converted into decimal of pounds.
1 sh = 1/20 = 0.05
1 d = 1/240 = 0.004 166 6 ... (0.0042)
Example : How many Marks are: £ 25.8.11
Exchange:
£ 1 = 9.85 M
Walk through
Sequence of the calculation
Function key
Display
---------------------------------------------------------------------
1. Clear the memory
*I
2. Decimal point position
4
3. Enter
25,
+I
25,000 0
4. Enter
8,
X
8,000 0
5. Enter
0,05
=
0,400 0
6.
+I
0,400 0
7. Enter
11,
X
11,000 0
8. Enter
0,0042
=
0,046 2
9.
+I
0,040 2
10. Recall
*I
25,446 2
11.
X
25,446 2
12. Enter
9,85
=
250,645 1
250.65 M = £ 25.8.11
22. Insurance calculation (insurance) (premium calculation)
How much 0/00 is the premium, if A has insured his house at 95000,00 M,
his furniture at 13000,00 M and his carriage at 11500,00 M?
The annual premium is 334.60 M
.
Insurance: 95 000 + 13 000 + 11 500 = 119 500 M
334,60 X 1000
------------- = 2,8 0/00
119 500
Walk through
Sequence of the calculation
Function key
Display
---------------------------------------------------------------------
1. Clear the memory
*I
2. Decimal point position
1
3. Enter
95000,
+I
95000,0
4. Enter
13000,
+I
13000,0
5. Enter
11500,
+I
11500,0
6. Recall
▽
I
119500,0
?. Enter
334,6
X
334,6
8. Enter
1000,
=
334600,0
9.
:
334600,0
10. Recall
*I
119500,0
11.
=
2,8
22