A cement company earns a profit of Rs. 10 per bag of white cement and loss of Rs. 6 per bag of
grey cement sold.
(a) What is the number of cement bags company needs to sell to have neither profit nor loss? If
the number of grey bags sold is 6000.With steps
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The cement company earns Rs.10 per bag of white cement. So, if the company has sold 'x' bags of white cement, the profit will be Rs.10x.
The company loses Rs.6 per bag of grey cement, and we are given that they have sold 6000 bags of grey cement.
So the total loss is 6000*6 = Rs.36000
The company has no profit nor loss. This means that their profit is equal to their loss.
So, 10x = 36000
x = 3600
So they have to sell 3600 bags of white cement to have no profit and no loss.
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