Question 1186538
The simple discount is the difference between the future value (the amount due at the end of the period) and the present value (the current cost of the car).

In this case:

* Future Value = 950,000 pesos
* Present Value = 880,000 pesos

Simple Discount = Future Value - Present Value
Simple Discount = 950,000 - 880,000
Simple Discount = 70,000 pesos

Therefore, the simple discount is $\boxed{70,000}$ pesos.