Civil Service Exam Reviewer · Simple Interest and Profit/Loss · easy
An old laptop bought for ₱3,880 was sold for ₱3,740. How much was the loss?
- ₱140
- ₱7,620
- ₱3,740
- ₱3,880
Answer
A. ₱140
Solution
Loss = cost − selling price = ₱3,880 − ₱3,740 = ₱140.
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