Question

A company earns a profit of Rs 15 per bag of rice sold and a loss of Rs 10 per bag of wheat sold. What is
the number of wheat bags it must sell to have neither profit nor loss, if the number of rice bags sold is 1500
bags?

Answer 1

no of rice bags sold = 1500

profit earned = 15× 1500 = 22500

Now company earns nothing

So company bears loss of 22500

each wheat has loss of rs 10

So 22500/10 = 2250 no of wheat bags to be sold for neither profit nor loss