a cement company earns a profit of Rs. 25per bag on white cement and losses Rs. 8 per bag on grey cement. the company sells 3000bags of white cement and 5000bags of grey cement. what is its profit or loss?
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Answer:
Step-by-step explanation:
Given,
Profit earned by selling 1 bag of white cement = Rs.\ 8
Profit earned by selling 3000 bags of white cement= Rs.\ (3000\times8) = Rs.\ 24000
Loss on 1 bag of grey cement = -Rs.\ 5
Loss of 5000 bags of grey cement = -Rs.\( 5000\times5) = -Rs.\ 25000
Total earnings = Rs.\ 24000 -Rs.\ 25000 = -Rs.\ 1000
This means that the company incurred a loss of Rs.\ 1000
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