A cement company earns a profit of Rs 7 per bag of white cement sold and a loss of Rs 5 per bag of grey cement sold. The company sold 2500 bags of white cement and 4500 bags of grey cement in a particular month. What is its profit or loss?
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Answer:
The number of bags of white cement sold is equal to 3000 bags. The total profit earned by selling the given number of bags=3000×8=24,000 rupees. The loss by a cement company by selling grey cement = Rs. 5 per bag.
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2500×7 = rs 17500 profit,
4500×5 = rs 22500 loss
So , rs (22500-17500)= rs 5000 loss
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