Question

A merchant on selling earns a profit Rs 10 per basmati rice sold and a loss of Rs 5 per bag of non basmati rice.
( i ) He sells 3000 bags of basmati rice and 5000 bags of non basmati rice in a month.
What is his profit or loss in a month.
( ii )What is the number of basmati rice bags he must sell to have neither profit nor loss, if the number of non basmati rice sold is Rs 6400.

Answer 1

Answer:

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Answer 2

Answer:

Step-by-step explanation:

Given:

profit of 10 per bag of basmati rice

loss of 5 per bag of non-basmati rice

1) 3,000 bags of basmati rice * 10 = 30,000 profit

5,000 bags of non-basmati rice * 5 = 25,000 loss

30,000 - 25,000 = 5,000 net profit

2) Let x be the number of bags of basmati rice

10x = 6,400*5

10x = 32,000

x = 32,000/10

x = 3,200 bags of basmati rice.