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The total expenses is ₱150. If it is sold at ₱200, how much is the interest profit ?

Question

The total expenses is ₱150. If it is sold at ₱200, how much is the interest profit ?

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Solution

To calculate the interest profit, you need to subtract the total expenses from the selling price.

Here are the steps:

  1. Start with the selling price, which is ₱200.
  2. Subtract the total expenses, which is ₱150.
  3. The result is the interest profit.

So, ₱200 - ₱150 = ₱50.

Therefore, the interest profit is ₱50.

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