Question

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 3,000 bags of white cement

and 5,000 bags of grey cement in a month.

What is its profit or loss?

NO SPAMING​

Answer 1

Answer:

A cement company earns a profit of Rs 8 per bag of white cement sold and a loss of Rs 5 per bag of grey cement sold.

(a) The company sells 3,000 bags of white cement and 5,000 bags of grey cement in a month. What is its profit or loss?

answer: (a)

Profit gained by 1 bag of white cement = Rs 8

Loss of 1 bag of grey cement = Rs 5

(i) Profit from selling 3000 white cement bags = Rs 3000\times8\ =\ 240003000×8 = 24000

(ii) Loss from selling 5000 grey cement bags = Rs 5000\times5=\ 250005000×5= 25000

since 24000<2500024000<25000

profit\ <\ loss\profit < loss

Therefore, his total loss on selling the grey cement bags = loss\ -\ profit\loss − profit

25000-24000\ =\ 100025000−24000 = 1000

Thus, company has lost of Rs 1000 on selling the grey cement bags.

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