Module III Solved the following problems:
1. A merchant paid P880 for an item. He sold the item at a profit of 20% of the selling price.
Find the selling price and the amount of profit.
2. Find the percent of loss based on the selling price merchandise that cost P670 and sold for
P660.
3. A distributor purchased a machine for P75,000, less 20% and 10%. He sold the machine at a
net profit of 30% of the gross cost. If the selling and delivery expenses amounted to P12,000,
find the selling price.
4. Find the percent of profit based on the cost price of merchandise that cost P9,000 and sold for
P10,980.
5. What is the selling price of goods listed at P580 less discounts of 20%, 12 1/2% and 5.5%?
6. How much did an item that sold for P450 cost if the loss was 25% of the cost price?
7. A merchant bought some items at P175.00 a dozen less 20%, and sold them at a profit of 35%
of the selling price. What was the selling price of one item?
8. Find the cost of the goods that sold for P 800 and on which a profit of 25% was made based on
cost.
9. Find the cost of a merchandise that sold for P 800 and on which a profit of 20% was made
based on selling price.
10. If a merchant gained 25% equal to P50.00 on the cost of umbrella he sold, how much was the
cost and the selling price of umbrella?.
Module III Solved the following problems1. A merchant paid P880 f.pdf
1. Module III Solved the following problems:
1. A merchant paid P880 for an item. He sold the item at a profit of 20% of the selling price.
Find the selling price and the amount of profit.
2. Find the percent of loss based on the selling price merchandise that cost P670 and sold for
P660.
3. A distributor purchased a machine for P75,000, less 20% and 10%. He sold the machine at a
net profit of 30% of the gross cost. If the selling and delivery expenses amounted to P12,000,
find the selling price.
4. Find the percent of profit based on the cost price of merchandise that cost P9,000 and sold for
P10,980.
5. What is the selling price of goods listed at P580 less discounts of 20%, 12 1/2% and 5.5%?
6. How much did an item that sold for P450 cost if the loss was 25% of the cost price?
7. A merchant bought some items at P175.00 a dozen less 20%, and sold them at a profit of 35%
of the selling price. What was the selling price of one item?
8. Find the cost of the goods that sold for P 800 and on which a profit of 25% was made based on
cost.
9. Find the cost of a merchandise that sold for P 800 and on which a profit of 20% was made
based on selling price.
10. If a merchant gained 25% equal to P50.00 on the cost of umbrella he sold, how much was the
cost and the selling price of umbrella?
