A cement company earns a profit of Rs.16 per bag of white cement sold and a loss
of Rs.10 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?
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Answer:
Rs.2,000
Step-by-step explanation:
Profit on 1 bag of white cement = Rs.16
Total bags of white cement sold = 3,000
Profit = Rs.(16×3,000) = Rs.48,000
Loss on 1 bag of grey cement = Rs.10
Total bags of grey cement sold = 5,000
Loss = Rs.(10×5,000) = Rs.50,000
Overall loss = Rs.(50,000-48,000) = Rs.2,000
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