26.--THE JUNIOR CLERKS' PUZZLE.

Although Snoggs's _reason_ for wishing to take his rise at £2, 10s.

half-yearly did not concern our puzzle, the _fact_ that he was duping

his employer into paying him more than was intended did concern it. Many

readers will be surprised to find that, although Moggs only received

£350 in five years, the artful Snoggs actually obtained £362, 10s. in

the same time. The rest is simplicity itself. It is evident that if

Moggs saved £87, 10s. and Snoggs £181, 5s., the latter would be saving

twice as great a proportion of his salary as the former (namely,

one-half as against one-quarter), and the two sums added together make

£268, 15s.

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