Answer: Sage. Page. Rage. Wage. Cage.

Below is a list of some words suitable for Metagrams, together with the various changes which each word allows:—

Bear, Tear, Lear, Gear, Wear, Hear, Pear, Year, Rear, Fear, Sear, Dear, and Near.

Book, Cook, Hook, Look, Nook, Rook, Took.

Waste, Taste, Paste, Caste, Baste.

Bine, Fine, Kine, Dine, Line, Mine, Nine, Pine, Vine, Wine.

Bound, Found, Hound, Mound, Pound, Round, Sound, Wound.

Cork, Pork, Fork, York.

Dame, Fame, Game, Came, Lame, Name, Same, Tame.

Cake, Lake, Rake, Sake, Take, Wake.