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? *
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Answer 1

Answer:

PROFIT FOR SELLING EACH OF WHITE CEMENT BAGS = rs 8

NO OF BAGS SOLD=3000

SO,PROFIT=8×3000=+24000

LOSS FOR SELLING EACH OF GREY CEMENT BAGS = rs 5

NO OF BAGS SOLD=5000

SO,LOSS=-5×5000==-25000

SO,PROFIT+LOSS=24000+(-25000)=-1000

SO,HERE IS A LOSS OF rs 1000