Question

A cement company earns a profit of rupees 8 per bag of white cementsold and a loss of rupees 5 per bag of grey cement sold.

(a) The company sells 3000 bags of white cement in a month . what is its profit or loss​

Answer 1

A. The company sells 3000 bags of white cement and 5000 bags of grey cement in a month.What is the profit or loss?

Solution :

Given: 

Profit for selling each white cement bag = Rs. 8

Loss for selling each grey cement bag = Rs. 5

Bags of white cement sold by the company = 3,000

Bags of grey cement sold by the company = 5,000

Hence profit earned by the company = 3,000 × 8 = Rs.24,000

Loss incurred by the company = 5,000 × 5 = Rs. 25,000

25,000 is greater than 24,000, Hence there is a loss of Rs. 100 for the company.