a cement company earns a profit of rupees 8 per leg of white cement sold and a loss of rupees 5 per bag of grey cement sold. ,(a) the company sells 3000 bag of white cement and 5000 bags of grey cement what is the profit and loss. ,(b) what is the number of white cement bag it must sell to have neither profit or loss if the number of grey bags sold 6400 bags
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a cement company earns a profit of rupees 8 per leg of white cement sold and a loss of rupees 5 per bag of grey cement sold. ,(a) the company sells 3000 bag of white cement and 5000 bags of grey cement what is the profit and loss. ,(b) what is the number of white cement bag it must sell to have neither profit or loss if the number of grey bags sold 6400 bags
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(a) The company sells 3,000 bags of white cement and 5,000 bags of grey cement in class!
Solution 8:
(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
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.
(b)
Let the no. of white cement bags be 'x'
According to the question
Loss = Profit
5×6400
= x