Question

A cement company earns a profit of ` 9 per bag of white cement sold and a loss of
` 5 per bag of grey cement sold.
(i) The company sells 7000 bags of white cement and 6000 bags of grey cement in a
month. What is its profit or loss?
(ii) What is the number of white cement bags it must sell to have neither profit nor
loss, if the number of grey bags sold is 5400.

Answer 1

Answer:

Profit = ` 63000

Loss = ` 30000

Step-by-step explanation:

A cement company earns a profit of ` 9 per bag of white cement

Number of white cement bags they sold = 7000

Therefore , their total profit = 7000 × 9 = ` 63000

The cement company makes a loss of ` 5 per bag of grey cement

Number of grey cement bags they sold = 6000

Therefore , their total loss = 6000 × 5 = ` 30000