Question

a company earns a profit of rs.10 per bag of white cement sold and a loss of rs 4 per bag of gray cement sold if the company sells 2000 bags of white cement and 3000 bags of gray cement in a month what is it 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.