A cement company earns a profit of Rs 8 per bag of white cement sold and loss of rs 5 per bag of grey cement sold.
The company sells 3,000 bags white cement and 5,000 bags of grey cement in a month.What is its profit or loss??
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Answer:
Profit per bag of white cement =₹8
Loss per bag of grey cement =₹5
Step-by-step explanation:
no. of bags of white cement sold =3000
no. of bags of grey cement sold =5000
Price of 3000 white bag =8×3000
=24000
Price of 5000 grey bag =5×5000
25000
And this is a lose, because when 24000
is gained as profit, 25000 is lost as loss. So
it is a loss of ₹1000.
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