Question

a cement company earns a profit of Rs 15 per bag of white cement sold and a loss of Rs8 per bag of grey cement sold. the company sells 3500 bags of white cement and 2000 bags of grey cement in a month. what is its profit or loss?

Answer 1

Profit on 1 bag of white cement =₹15
Loss on 1 bag of grey cement =₹8
Total white bag sold =3500
Total profit earned =3500x15 =52500₹
Total grey bag sold =2000
Loss =2000x8=16000
Profit =52500-16000=₹36500