a cement company earns a profit of rupees 8 for bags of white cement sold and a loss of rupees 5 per bags of grey cement sold (a). the company sells 3000 bags of white cement and 5000 bags of cement in a month. what is the profit and loss. (b) what is the number of white cement bags is must sell to have neither profit Nor loss , if the number of grey bags sold is 6400 bags
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Answer:
(a)
Profit gained by 1 bag of white cement = Rs 8
Loss of 1 bag of grey cement = Rs 5
(i) Profit from selling 3000 white cement bags = Rs 3000\times8\ =\ 240003000×8 = 24000
(ii) Loss from selling 5000 grey cement bags = Rs 5000\times5=\ 250005000×5= 25000
since 24000<2500024000<25000
profit\ <\ loss\profit < loss
Therefore, his total loss on selling the grey cement bags = loss\ -\ profit\loss − profit
25000-24000\ =\ 100025000−24000 = 1000
Thus, company has lost of Rs 1000 on selling the grey cement bags.
Step-by-step explanation:b) x = 4000
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