Simple Interest and Profit/Loss — Civil Service Exam Practice Questions

200 free civil service exam reviewer questions on Simple Interest and Profit/Loss (Numerical Ability), each with the correct answer and a worked solution.

A lender charges 10% simple interest PER MONTH. If Vic borrows ₱6,000 for 3 months, how much must be repaid in total?
A manufacturer sells a fan to a wholesaler at 10% profit, the wholesaler sells to a retailer at 10% profit, and the retailer sells to a…
The cost price of 27 items equals the selling price of 24 items. What is the percent profit?
Two phones were each sold for ₱13,500. One was sold at a 40% gain and the other at a 40% loss (both on cost). What was the overall result?
An appliance has a cash price of ₱85,000. On installment, the buyer pays 30% down and the balance plus 15% per year simple (add-on)…
What is the difference between the compound interest (compounded annually) and the simple interest on ₱68,000 at 5% for 2 years?
₱160,000 is invested at 6% compounded annually. How much is the compound interest after 2 years?
A 1-year loan of ₱260,000 has its 12% interest deducted in advance. What is the effective (true) interest rate on the money received?
A borrower signs a 9-month note for ₱170,000 at a bank discount rate of 10% (interest deducted in advance). How much does the borrower…
In how many years will money double itself at 5% simple interest per year?
A fruit dealer buys 53 crates of mangoes at ₱2,100 per crate. 25 crates spoil and are thrown away. The rest are sold at ₱4,770 per crate…
Ivan deposited ₱55,000 in one bank at 5% and ₱72,000 in another at 9% simple interest. What is the average (overall) rate of return per…
On ₱74,000 at 9% for 120 days, how much more is the ordinary interest (360-day year) than the exact interest (365-day year)?
What amount must be invested now at 6% simple interest to have ₱31,000 after 4 years?
A lender charges 10% simple interest PER MONTH. If Pia borrows ₱4,000 for 10 months, how much must be repaid in total?
A bike was sold at a 15% loss. Had it been sold for ₱700 more, there would have been a 20% gain. What was the cost price?
A manufacturer sells a fan to a wholesaler at 25% profit, the wholesaler sells to a retailer at 10% profit, and the retailer sells to a…
The cost price of 27 items equals the selling price of 25 items. What is the percent profit?
A dishonest vendor claims to sell rice at cost price but uses a weight of 960 g instead of 1 kg. What is his actual percent gain?
Two phones were each sold for ₱17,000. One was sold at a 20% gain and the other at a 20% loss (both on cost). What was the overall result?
An appliance has a cash price of ₱80,000. On installment, the buyer pays 20% down and the balance plus 10% per year simple (add-on)…
What is the difference between the compound interest (compounded annually) and the simple interest on ₱118,000 at 4% for 2 years?
₱300,000 is invested at 10% compounded annually. How much is the compound interest after 3 years?
A 1-year loan of ₱130,000 has its 20% interest deducted in advance. What is the effective (true) interest rate on the money received?
A borrower signs a 6-month note for ₱230,000 at a bank discount rate of 8% (interest deducted in advance). How much does the borrower…
In how many years will money triple itself at 2% simple interest per year?
A fruit dealer buys 66 crates of mangoes at ₱3,300 per crate. 8 crates spoil and are thrown away. The rest are sold at ₱4,510 per crate…
Joy deposited ₱78,000 in one bank at 6% and ₱65,000 in another at 10% simple interest. What is the average (overall) rate of return per…
On ₱45,000 at 6% for 180 days, how much more is the ordinary interest (360-day year) than the exact interest (365-day year)?
What amount must be invested now at 10% simple interest to have ₱123,200 after 6 years?
A lender charges 10% simple interest PER MONTH. If Gino borrows ₱39,000 for 4 months, how much must be repaid in total?
An item costs ₱5,600. At what price should it be marked so that after giving a 20% discount, the store still earns 25% profit on cost?
A manufacturer sells a fan to a wholesaler at 10% profit, the wholesaler sells to a retailer at 20% profit, and the retailer sells to a…
The cost price of 14 items equals the selling price of 9 items. What is the percent profit?
Two phones were each sold for ₱12,700. One was sold at a 10% gain and the other at a 10% loss (both on cost). What was the overall result?
An appliance has a cash price of ₱25,000. On installment, the buyer pays 20% down and the balance plus 12% per year simple (add-on)…
What is the difference between the compound interest (compounded annually) and the simple interest on ₱112,000 at 12% for 2 years?
₱90,000 is invested at 4% compounded annually. How much is the compound interest after 3 years?
A 1-year loan of ₱210,000 has its 8% interest deducted in advance. What is the effective (true) interest rate on the money received?
A borrower signs a 3-month note for ₱270,000 at a bank discount rate of 15% (interest deducted in advance). How much does the borrower…
In how many years will money triple itself at 5% simple interest per year?
A fruit dealer buys 41 crates of mangoes at ₱500 per crate. 7 crates spoil and are thrown away. The rest are sold at ₱730 per crate. What…
Ben deposited ₱57,000 in one bank at 6% and ₱28,000 in another at 12% simple interest. What is the average (overall) rate of return per…
On ₱77,000 at 6% for 150 days, how much more is the ordinary interest (360-day year) than the exact interest (365-day year)?
What amount must be invested now at 8% simple interest to have ₱124,080 after 4 years?
A lender charges 10% simple interest PER MONTH. If Sofia borrows ₱22,000 for 6 months, how much must be repaid in total?
A store's markup is 25% of the SELLING price. What is the equivalent markup as a percent of COST?
A manufacturer sells a fan to a wholesaler at 20% profit, the wholesaler sells to a retailer at 10% profit, and the retailer sells to a…
The cost price of 15 items equals the selling price of 14 items. What is the percent profit?
A dishonest vendor claims to sell rice at cost price but uses a weight of 800 g instead of 1 kg. What is his actual percent gain?
Two phones were each sold for ₱10,200. One was sold at a 30% gain and the other at a 30% loss (both on cost). What was the overall result?
An appliance has a cash price of ₱60,000. On installment, the buyer pays 10% down and the balance plus 15% per year simple (add-on)…
What is the difference between the compound interest (compounded annually) and the simple interest on ₱117,000 at 5% for 2 years?
₱50,000 is invested at 12% compounded annually. How much is the compound interest after 2 years?
A 1-year loan of ₱140,000 has its 15% interest deducted in advance. What is the effective (true) interest rate on the money received?
A borrower signs a 9-month note for ₱120,000 at a bank discount rate of 15% (interest deducted in advance). How much does the borrower…
In how many years will money triple itself at 12.5% simple interest per year?
A fruit dealer buys 82 crates of mangoes at ₱2,800 per crate. 7 crates spoil and are thrown away. The rest are sold at ₱3,680 per crate…
Carlo deposited ₱34,000 in one bank at 4% and ₱72,000 in another at 9% simple interest. What is the average (overall) rate of return per…
What is the effective annual interest rate of 12% compounded quarterly?
On ₱82,000 at 8% for 60 days, how much more is the ordinary interest (360-day year) than the exact interest (365-day year)?
What amount must be invested now at 8% simple interest to have ₱110,600 after 5 years?
A lender charges 5% simple interest PER MONTH. If Rina borrows ₱3,000 for 3 months, how much must be repaid in total?
A bike was sold at a 20% loss. Had it been sold for ₱1,440 more, there would have been a 25% gain. What was the cost price?
An item costs ₱2,600. At what price should it be marked so that after giving a 10% discount, the store still earns 35% profit on cost?
A store's markup is 20% of the SELLING price. What is the equivalent markup as a percent of COST?
A manufacturer sells a fan to a wholesaler at 20% profit, the wholesaler sells to a retailer at 20% profit, and the retailer sells to a…
The cost price of 26 items equals the selling price of 9 items. What is the percent profit?
A dishonest vendor claims to sell rice at cost price but uses a weight of 900 g instead of 1 kg. What is his actual percent gain?
Two phones were each sold for ₱17,800. One was sold at a 40% gain and the other at a 40% loss (both on cost). What was the overall result?
An appliance has a cash price of ₱165,000. On installment, the buyer pays 25% down and the balance plus 6% per year simple (add-on)…
What is the difference between the compound interest (compounded annually) and the simple interest on ₱27,000 at 8% for 2 years?
₱100,000 is invested at 4% compounded annually. How much is the compound interest after 3 years?
A 1-year loan of ₱140,000 has its 12% interest deducted in advance. What is the effective (true) interest rate on the money received?
A borrower signs a 3-month note for ₱180,000 at a bank discount rate of 15% (interest deducted in advance). How much does the borrower…
In how many years will money triple itself at 8% simple interest per year?
A fruit dealer buys 59 crates of mangoes at ₱3,700 per crate. 26 crates spoil and are thrown away. The rest are sold at ₱7,940 per crate…
Liza deposited ₱49,000 in one bank at 4% and ₱41,000 in another at 12% simple interest. What is the average (overall) rate of return per…
What is the effective annual interest rate of 16% compounded quarterly?
On ₱90,000 at 9% for 90 days, how much more is the ordinary interest (360-day year) than the exact interest (365-day year)?
What amount must be invested now at 8% simple interest to have ₱79,800 after 5 years?
A lender charges 6% simple interest PER MONTH. If Marco borrows ₱42,000 for 10 months, how much must be repaid in total?
An item costs ₱7,800. At what price should it be marked so that after giving a 25% discount, the store still earns 25% profit on cost?
A manufacturer sells a fan to a wholesaler at 25% profit, the wholesaler sells to a retailer at 20% profit, and the retailer sells to a…
The cost price of 15 items equals the selling price of 8 items. What is the percent profit?
Two phones were each sold for ₱4,900. One was sold at a 30% gain and the other at a 30% loss (both on cost). What was the overall result?
An appliance has a cash price of ₱35,000. On installment, the buyer pays 20% down and the balance plus 10% per year simple (add-on)…
What is the difference between the compound interest (compounded annually) and the simple interest on ₱17,000 at 4% for 2 years?
₱190,000 is invested at 4% compounded annually. How much is the compound interest after 2 years?
A 1-year loan of ₱30,000 has its 8% interest deducted in advance. What is the effective (true) interest rate on the money received?
A borrower signs a 9-month note for ₱270,000 at a bank discount rate of 15% (interest deducted in advance). How much does the borrower…
In how many years will money double itself at 8% simple interest per year?
A fruit dealer buys 53 crates of mangoes at ₱4,100 per crate. 22 crates spoil and are thrown away. The rest are sold at ₱8,420 per crate…
Marco deposited ₱78,000 in one bank at 6% and ₱10,000 in another at 12% simple interest. What is the average (overall) rate of return per…
What is the effective annual interest rate of 8% compounded quarterly?
On ₱71,000 at 12% for 180 days, how much more is the ordinary interest (360-day year) than the exact interest (365-day year)?
What amount must be invested now at 8% simple interest to have ₱18,560 after 2 years?
A lender charges 6% simple interest PER MONTH. If Pia borrows ₱12,000 for 10 months, how much must be repaid in total?
An item costs ₱1,000. At what price should it be marked so that after giving a 25% discount, the store still earns 35% profit on cost?
A store's markup is 40% of the SELLING price. What is the equivalent markup as a percent of COST?
A manufacturer sells a fan to a wholesaler at 25% profit, the wholesaler sells to a retailer at 25% profit, and the retailer sells to a…
The cost price of 13 items equals the selling price of 12 items. What is the percent profit?
A dishonest vendor claims to sell rice at cost price but uses a weight of 750 g instead of 1 kg. What is his actual percent gain?
Two phones were each sold for ₱11,200. One was sold at a 20% gain and the other at a 20% loss (both on cost). What was the overall result?
An appliance has a cash price of ₱170,000. On installment, the buyer pays 25% down and the balance plus 15% per year simple (add-on)…
What is the difference between the compound interest (compounded annually) and the simple interest on ₱174,000 at 12% for 2 years?
₱160,000 is invested at 8% compounded annually. How much is the compound interest after 3 years?
A 1-year loan of ₱270,000 has its 12% interest deducted in advance. What is the effective (true) interest rate on the money received?
A borrower signs a 3-month note for ₱170,000 at a bank discount rate of 10% (interest deducted in advance). How much does the borrower…
In how many years will money triple itself at 20% simple interest per year?
What is the maturity value of a ₱46,000 loan at 10% simple interest after 15 months?
A motorcycle bought for ₱5,500 was sold for ₱5,225. What was the percent loss?
A store wants a 15% profit on an item that costs ₱8,100. What should its selling price be?
What principal will earn ₱5,880 simple interest at 6% per year in 2 years?
How many years will it take ₱26,000 to earn ₱3,640 at 7% simple interest?
Find the exact simple interest (365-day year) on ₱11,000 at 5% for 90 days.
A retailer marks up an item costing ₱2,440 by 30% of cost. What is the marked price?
A sari-sari store owner buys 77 packs of biscuits at ₱5 each and sells all of them at ₱13 each. What is the total profit?
What is the maturity value of a ₱49,000 loan at 5% simple interest after 18 months?
A motorcycle bought for ₱4,400 was sold for ₱3,520. What was the percent loss?
An item was sold for ₱6,562.50 at a 25% profit on cost. How much did it cost?
A store wants a 15% profit on an item that costs ₱6,500. What should its selling price be?
What principal will earn ₱41,440 simple interest at 14% per year in 4 years?
How many years will it take ₱77,000 to earn ₱24,640 at 4% simple interest?
Find the exact simple interest (365-day year) on ₱22,000 at 12% for 90 days.
A retailer marks up an item costing ₱6,880 by 25% of cost. What is the marked price?
A sari-sari store owner buys 43 packs of biscuits at ₱59 each and sells all of them at ₱79 each. What is the total profit?
What is the maturity value of a ₱50,000 loan at 5% simple interest after 9 months?
A motorcycle bought for ₱5,700 was sold for ₱4,275. What was the percent loss?
An item was sold for ₱10,450 at a 10% profit on cost. How much did it cost?
A store wants a 40% profit on an item that costs ₱5,300. What should its selling price be?
What principal will earn ₱29,700 simple interest at 11% per year in 3 years?
How many years will it take ₱64,000 to earn ₱57,600 at 15% simple interest?
Find the exact simple interest (365-day year) on ₱69,000 at 10% for 60 days.
A retailer marks up an item costing ₱1,560 by 50% of cost. What is the marked price?
A sari-sari store owner buys 72 packs of biscuits at ₱57 each and sells all of them at ₱61 each. What is the total profit?
What is the maturity value of a ₱39,000 loan at 5% simple interest after 9 months?
A motorcycle bought for ₱1,800 was sold for ₱1,350. What was the percent loss?
An item was sold for ₱6,840 at a 20% profit on cost. How much did it cost?
A store wants a 20% profit on an item that costs ₱8,600. What should its selling price be?
What principal will earn ₱17,010 simple interest at 7% per year in 3 years?
How many years will it take ₱56,000 to earn ₱31,360 at 7% simple interest?
Find the exact simple interest (365-day year) on ₱53,000 at 12% for 60 days.
A retailer marks up an item costing ₱2,840 by 50% of cost. What is the marked price?
A sari-sari store owner buys 74 packs of biscuits at ₱21 each and sells all of them at ₱29 each. What is the total profit?
What is the maturity value of a ₱54,000 loan at 10% simple interest after 9 months?
A motorcycle bought for ₱1,900 was sold for ₱1,615. What was the percent loss?
An item was sold for ₱5,520 at a 20% profit on cost. How much did it cost?
A store wants a 25% profit on an item that costs ₱6,550. What should its selling price be?
What principal will earn ₱50,820 simple interest at 11% per year in 6 years?
How many years will it take ₱42,000 to earn ₱47,040 at 14% simple interest?
Find the exact simple interest (365-day year) on ₱65,000 at 12% for 180 days.
A retailer marks up an item costing ₱1,320 by 40% of cost. What is the marked price?
A sari-sari store owner buys 22 packs of biscuits at ₱68 each and sells all of them at ₱76 each. What is the total profit?
What is the maturity value of a ₱45,000 loan at 6% simple interest after 30 months?
A motorcycle bought for ₱800 was sold for ₱720. What was the percent loss?
An item was sold for ₱2,687.50 at a 25% profit on cost. How much did it cost?
A store wants a 40% profit on an item that costs ₱9,900. What should its selling price be?
What principal will earn ₱23,100 simple interest at 11% per year in 3 years?
How many years will it take ₱60,000 to earn ₱46,200 at 11% simple interest?
An item costing ₱1,080 is sold for ₱1,512. What is the percent profit based on cost?
Find the simple interest on ₱29,000 at 9% per year for 4 months.
An old laptop bought for ₱2,650 was sold for ₱2,515. How much was the loss?
A vendor buys a bag for ₱330 and sells it for ₱450. How much is the profit?
What is the simple interest on ₱77,000 at 10% per year for 3 years?
An item costing ₱3,660 is sold for ₱5,124. What is the percent profit based on cost?
Find the simple interest on ₱32,000 at 9% per year for 3 months.
An old laptop bought for ₱2,880 was sold for ₱2,800. How much was the loss?
A vendor buys a bag for ₱3,760 and sells it for ₱3,880. How much is the profit?
₱74,000 is deposited at 4% simple interest per year. How much will it amount to after 3 years?
What is the simple interest on ₱88,000 at 4% per year for 3 years?
An item costing ₱280 is sold for ₱336. What is the percent profit based on cost?
Find the simple interest on ₱29,000 at 8% per year for 6 months.
An old laptop bought for ₱1,650 was sold for ₱1,645. How much was the loss?
A vendor buys a bag for ₱1,100 and sells it for ₱1,180. How much is the profit?
₱78,000 is deposited at 12% simple interest per year. How much will it amount to after 3 years?
What is the simple interest on ₱27,000 at 4% per year for 4 years?
An item costing ₱980 is sold for ₱1,225. What is the percent profit based on cost?
Find the simple interest on ₱23,000 at 9% per year for 9 months.
An old laptop bought for ₱2,020 was sold for ₱2,010. How much was the loss?
A vendor buys a bag for ₱4,730 and sells it for ₱4,815. How much is the profit?
₱68,000 is deposited at 8% simple interest per year. How much will it amount to after 3 years?
What is the simple interest on ₱20,000 at 8% per year for 2 years?
An item costing ₱520 is sold for ₱728. What is the percent profit based on cost?
Find the simple interest on ₱42,000 at 8% per year for 6 months.
An old laptop bought for ₱790 was sold for ₱645. How much was the loss?
A vendor buys a bag for ₱2,760 and sells it for ₱2,780. How much is the profit?
What is the simple interest on ₱46,000 at 12% per year for 4 years?
An item costing ₱2,520 is sold for ₱3,276. What is the percent profit based on cost?
Find the simple interest on ₱23,000 at 6% per year for 9 months.
An old laptop bought for ₱3,880 was sold for ₱3,740. How much was the loss?
A vendor buys a bag for ₱1,670 and sells it for ₱1,795. How much is the profit?
₱15,000 is deposited at 4% simple interest per year. How much will it amount to after 5 years?
What is the simple interest on ₱69,000 at 7% per year for 3 years?
An item costing ₱2,940 is sold for ₱3,528. What is the percent profit based on cost?
Find the simple interest on ₱8,000 at 12% per year for 3 months.
An old laptop bought for ₱1,860 was sold for ₱1,715. How much was the loss?
A vendor buys a bag for ₱1,350 and sells it for ₱1,510. How much is the profit?
₱9,000 is deposited at 6% simple interest per year. How much will it amount to after 2 years?
What is the simple interest on ₱100,000 at 8% per year for 5 years?