You had ₱1,540 at the start of the day.

How to see it step by step

  1. Add your expenses for the day
    • Booth rent: ₱500
    • Lunch: ₱150
    • Total expenses: 500+150=650500+150=650500+150=650 pesos.
  1. Find your profit from selling CDs
    • Sales from CDs: ₱6,230
    • Minus expenses: 6,230−650=5,5806,230-650=5,5806,230−650=5,580 pesos profit.
  1. Use your final money to get your starting money
    • Money at the end of the day: ₱7,120
    • This is: starting money + profit
    • So starting money =7,120−5,580=1,540=7,120-5,580=1,540=7,120−5,580=1,540 pesos.

So the amount you had before renting the booth, buying lunch, and selling CDs was ₱1,540.