Question

2. A grain wholesaler earns a profit of R12 per bag of wheat sold and a loss
of T8 per bag of rice sold.
) If he sells 1500 bags of wheat and 2050 bags of rice in a month, what is his profit or loss?
(ii)
What is the number of wheat bags he must sell to have neither profit nor loss, if the
number of rice bags sold is 2400 bags?​

Answer 1

Answer:

Step-by-step explanation:

profit on one bag of grain=Rs 12

no of bags sold=1500

total profit=12*1500

                =18000

loss on one bag of rice=2050

total loss = 2050*8

               = 16400

so profit= 18000-16400

                1600

loss on selling 2400 rice bags=2400*8

                                                  =19200

let the no of bags sold=n

n*12=19200

n=19200/12

n=1600