A grain wholesaler earns a profit of $ 12 per bag of wheat sold and a loss of $ 8 per bag of rice sold?
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A grain wholesaler earns a profit of ₹12 per bag of wheat sold and a loss of ₹8 per bag of rice sold?
The number of rice bags he sold is 2400. It means he losses an amount of (2400 x 8) = ₹19200 . He needs to sell (19200 / 12) = 1600 to recover the amount he lost by selling rice bags.
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