A cement company earns a profit of Rs 8 per bag of white cement and a loss of Rs 5 per bag of grey cement sold. A company sells 3000 bags of white cement and 5000 bags of grey cement. What is its profit or loss?
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We are given that a cement company earns a profit of Rs. 8 per bag of white cement sold.
now, company sells 3,000 bags of white cement in a month. So,
Total earn by company is, 3000×8=24,000 Rs
Now, we are also given that a cement company loss of Rs. 5 per bag or grey cement sold.
now company sells 5000 bags of grey cement in a month. So,
Total Loss by company is, 5000×5=25,000 Rs
Now, the lossing parts is greater than the earning part. So company having loss
i.e, 24000−25000=−100<0
So, company having loss of Rs.100
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