Civil Service Exam Reviewer · Simple Interest and Profit/Loss · easy
An old laptop bought for ₱1,860 was sold for ₱1,715. How much was the loss?
- ₱145
- ₱3,575
- ₱1,715
- ₱1,860
Answer
A. ₱145
Solution
Loss = cost − selling price = ₱1,860 − ₱1,715 = ₱145.
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