A cement company earns a profit of Rs 8/- per bag of white cement sold and a loss of Rs 10/- per bag of grey cement sold. The company sells 2500 bags of grey cement and 5400 bags of white cement in a month. What is its profit or loss?
Answers
Step-by-step explanation:
Given :-
A cement company earns a profit of Rs 8/- per bag of white cement sold and a loss of Rs 10/- per bag of grey cement sold. The company sells 2500 bags of grey cement and 5400 bags of white cement in a month.
To find :-
What is its profit or loss?
Solution :-
Given that
Profit on each white cement bag = Rs. 8
Loss on each grey cement bag = Rs. 10
Number of white cement bags are sold in a month by a company = 5400
Profit on 5400 white cement bags
=> 5400×8
=> Rs. 43200
Number of grey cement bags are sold in a month by a company = 2500
Loss on 2500 grey cement bags
=> 2500×10
=> Rs. 25000
Profit value > Loss value
=> 43200 > 25000
The company gets profit on whole business in the month
Total profit in the month
=> Profit on white bags - Loss on grey bags
=> 43200 - 25000
=> Rs. 18,200
Answer:-
The profit of the company on the whole business in the month is Rs. 18,200