A cement company earns a profit of ₹8 per bag of white cement sold and a loss of ₹5 per bag of grey cement sold.
(a) the company sells 3000 bags of white cement and 5000 bags of grey cement in a month. What is its profit or loss?
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Answer:
We are given that a cement company earns a profit of Rs. 8 per bag of white cement sold.
now, company sells 3,000 bags of white cement in a month. So,
Total earn by company is,
3000×
8=
24,000 Rs
Now, we are also given that a cement company loss of Rs. 5 per bag or grey cement sold.
now company sells 5000 bags of grey cement in a month. So,
Total Loss by company is,
5000×
5=
25,000 Rs
Now, the lossing parts is greater than the earning part. So company having loss
i.e,
24000−
25000=
−100<
0
So, company having loss of Rs.100
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