Question

7. A company manufactures blankets. In one season, company made 12000 blankets, out of them 4000
blankets were defective due to improper weaving, company sold fresh (right) pieces at a profit of * 100 per
piece and defective pieces at a loss of * 180 per piece. Find its loss or profit.
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Answer 1

Step-by-step explanation:

Number of good blankets = 12000-4000= 8000

1good blanket was sold at a gain of ₹100.

So,8000good blankets were sold at a gain of 8000×100= ₹800,000.

Number of defective blankets = 4000

1defective blanket was sold at a loss of ₹180.

Thus , 4000 blankets were sold at a loss of 4000× 180=720,000.

Since , gain > loss,

Total gain = 800,000 - 720,000 = ₹80000