Civil Service Exam Reviewer · Simple Interest and Profit/Loss · medium
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?
- ₱8
- ₱616
- ₱1,001
- ₱1,386
Answer
B. ₱616
Solution
Profit per pack = ₱8. Total = 77 × ₱8 = ₱616.
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