Question

A cement factory earns a profit of Rs.8 per bag of white cement sold and a loss of Rs.5 per
bag of grey cement sold. The company sells 3,000 bags of white cement and 5,000 bags of
grey cement in a month. What is its profit or loss?

Answer 1

Step-by-step explanation:

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.

(b)

Let the no. of white cement bags be 'x'

According to the question

Loss = Profit

Therefore, 5\times6400\ =\ x\ \times85×6400 = x ×8

\frac{5\times6400}{8}=\ x

8

5×6400

= x

x=\ 4000x= 4000