Question

A cement company earns a profit of Rs 8 per bag of white cement sold and a loss of Rs 5 per
bag of grey cement sold. The company sells 3000 bags of white cement and 5000 bags of
grey cement in a month. What is its profit or loss?
(5)


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Answer 1

Answer :- Rs -1000

Profit on white cement = Rs + 8

Loss on grey cement = Rs - 5

Profit on one bag of white cement = Rs 8

Profit on 3000 bags of white cement = Rs 8 × 3000 = Rs 24000

Loss on one bag of grey cement = -5

Loss on 5000 bags of grey cement = Rs -5 × 5000 = Rs - 25000

Total profit / loss = Total profit + Total loss

24000 + (-25000)

=24000 - 25000

= -( -24000 + 25000)

= -( 25000 - 24000)

= -1000

Total loss = Rs -1000.