Civil Service Exam Reviewer · Simple Interest and Profit/Loss · hard
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. What is the overall profit or loss?
- Profit of ₱79,860
- Profit of ₱43,780
- Loss of ₱43,780
- Profit of ₱48,290
Answer
B. Profit of ₱43,780
Solution
Cost = 66 × ₱3,300 = ₱217,800. Revenue = 58 × ₱4,510 = ₱261,580. Profit = ₱43,780.
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