Question

8. A cement company earns a profit of 78 per bag of white cement sold and a loss of 5 per bag of grey cement sold. (b) what is the number of white cement bag it must sell to have neither profit nor loss, if the number of grey bags sold is 6,400 bags.
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Answer 1

Answer:

410 Bags of White Cement

Step-by-step explanation:

Given: 1 Bag of Grey Cement = - Rs. 5

           1 Bag of White Cement = + Rs. 78

           Number of Grey Bags Sold = 6400 Bags

To Find: Number of White bags sold if the number of Grey Bags sold are                             6400.

Solution: Total Amount Gained/Lost = (6400)(-5)

                                                            = Rs. -32000

Hence, To cover up this loss, the company will have to make a profit of 32,000 Rupees.

So, Number of White Bags Sold = 32000/78

                                                     = 410.25

Hence they will have to sell approximately 410 Bags to cover up their loss.

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