A cement factory gains at the rate of ₹8 per bag on white cement and looses at the rate of ₹5 per bag on gray colour cement
(i) Company sells 3000 bags of white cement and 5000 bags of gray cement What is his toss or profit ?
(ii) If numbers of bags of gray colour cement 6400 then how many bags of white cement should company sold so that there is no loss no profit ?
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I) loss of Rs. 1000
II)Number of bags of white cement to be sold = 10240
I) Number of bags of white cement sold = Rs. 3000
Number of bags of gray cement sold =Rs. 5000
Profit on one bag of gray cement = Rs. 8
Loss on one bag of white cement = Rs. 5
Total loss or profit = 3000 × 8 - 5000 × 5
= -1000
Company will suffer a loss of Rs. 1000.
II) Number of gray colour cement sold = 6400
Let number of bags of white cement sold be x.
Profit = 0
=> 6400 × 8 = x × 5
=> x = 10240
The company has to sell 10240 bags of white cement inorder to gain no profit.
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