Question

A grain wholesaler earns a profit of ₹12 per bag of wheat sold and a loss of ₹8 per bag of rice sold

(¡) he sells 1500 bags of wheat and 2050 bags of rice in a month. what is his profit or loss in ?

(¡¡) what is the number of wheat bags he must sell to have neither profit nor loss,if the number of rice bags sold is 2400 bags?​

Answer 1

Answer:

(i) loss :

2050 * 8

= ₹16400 loss

profit :

1500 * 12

= ₹18000 profit

net result :

profit of ₹1600

(ii) loss :

2400 * 8

= ₹19200 loss

desired result : profit = loss

therefore required profit = ₹19200

19200/12

= 1600 bags of wheat need to be sold in order to nullify the net profit or loss

plz select me as brainliest

Answer 2

The cost of wheat = 1500 × 12

= 18000

The cost of rice = 2050 × 8

= 16400

profit or loss = 18000 + (-16400)

the profit of = 16400