A cement company earns a profit of Rs. 9 per bag of white cement sold and a loss of Rs. 7 per bag of grey cement sold. The company sells 1500 bags of white cement and 2000 bags of
grey cement in a month. What is its profit or loss?
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Answer:
profit on white cement bag = Rs. 9
total profit on 1500 white cement bags = 1500×9
= 13500 rupees
loss on Grey cement bag = Rs. 7
total loss on 2000 Grey cement bags = 2000×7
= 14000 Rs.
profit <loss
13500 <14000
To find Loss = 14000 - 13500
= 500
Ans : The company had a loss of Rs. 500
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