A cement company earns a profit of RS.8 per bag of white cement sold and a loss if Rs.5per bag of grey cement sold.
Answers
Step-by-step explanation:
profit on white cement =rs+8
loss on grey cement=rs-5
profit on 1 bag of white cement=rs8
profit on 3000 bags of white cement=rs8×300
=rs24000
Loss on one bag of grey cement=rs-5=-25000
Total loss of rs 1000
✬ CORRECT QUESTION ✬
➨A cement company earns a profit of RS.8 per bag of white cement sold and a loss if Rs.5per bag of grey cement sold.
a.) The company sells 3000 bags of white cement and 5000 bags of grey cement in a month. What is it's profit of loss ?
Given:
- Profit on each white cement bag is Rs 8.
- Loss on each grey cement bag is Rs 5.
- Company sold 3000 and 5000 bags of white and grey cement respectively.
To Find:
- What is the total profit or loss made by company?
Solution: We are given that a company earns :-
➫ Profit on white bag = Rs 8
➫ Loss on grey bag = Rs 5
A/q
• Profit on 1 bag of white cement = Rs 8
∴ Profit on 3000 bags of white cement
3000 8
Rs 24000
• Loss on 1 bag of grey cement = Rs –5
∴ Loss on 5000 bags of grey cement
5000 5
Rs 25000
Since Loss part is greater than Profit part therefore,
=> Total loss = Rs (25000 – 24000)
=> Total loss = Rs 1000
Hence, company made a loss of Rs 1000.