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

A vendor buys a bag for ₱330 and sells it for ₱450. How much is the profit?

  1. ₱120
  2. ₱780
  3. ₱450
  4. ₱240

Answer

A. ₱120

Solution

Profit = selling price − cost = ₱450 − ₱330 = ₱120.

More Simple Interest and Profit/Loss questions

  1. What is the simple interest on ₱77,000 at 10% per year for 3 years?
  2. An item costing ₱3,660 is sold for ₱5,124. What is the percent profit based on cost?
  3. Find the simple interest on ₱32,000 at 9% per year for 3 months.
  4. An old laptop bought for ₱2,880 was sold for ₱2,800. How much was the loss?
  5. A vendor buys a bag for ₱3,760 and sells it for ₱3,880. How much is the profit?
  6. ₱74,000 is deposited at 4% simple interest per year. How much will it amount to after 3 years?
  7. What is the simple interest on ₱88,000 at 4% per year for 3 years?
  8. An item costing ₱280 is sold for ₱336. What is the percent profit based on cost?
  9. Find the simple interest on ₱29,000 at 8% per year for 6 months.
  10. An old laptop bought for ₱1,650 was sold for ₱1,645. How much was the loss?

All Simple Interest and Profit/Loss questions