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

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?

  1. ₱176
  2. ₱8
  3. ₱1,672
  4. ₱3,168

Answer

A. ₱176

Solution

Profit per pack = ₱8. Total = 22 × ₱8 = ₱176.

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