A cement company earns a profit of Rs 6 per bag of white cement sold and a loss of Rs 4 per bag of grey cement sold.
(a) The company sells 2,000 bags of white cement and 1,500 bags of grey cement in a month. What is its profit or loss?
(b) 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 3,000 bags.
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Answer:
See below
Step-by-step explanation:
a)
white cement bags sold - 2000
profit per bag - rs6
total profit - 6*2000
12000
total lose calculated the same way is 6000
profit -loss
6000
hence the company made a profite of 6000
b)
the loss made by grey cement bags in this case is 12000
hence the company needs to sell 2000 bags of white cement to neither suffer a loss nor enjoy a profit
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