A grain wholesaler earns a profit of Rs. 12 per bag of wheat sold and a loss
of Rs. 8 per bag of rice sold
1. If he sells 1500 bags of wheat and 2050 bags of rice in a month, what is his profit or loss?
2. 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?
PLZ answer ASAP
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1. profit in a month= 1500 *12=18000
loss in a month=16400
ultimately, he has a profit of 18000 - 16400 that is 1600
2.he should sell 200 more bags of rice in a month so that he has neither profit nor loss. (1600/8)
that is the solution.
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