Civil Service Exam Reviewer · Simple Interest and Profit/Loss · medium

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?

  1. ₱860
  2. ₱20
  3. ₱3,397
  4. ₱5,934

Answer

A. ₱860

Solution

Profit per pack = ₱20. Total = 43 × ₱20 = ₱860.

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