Question

A merchant on selling rice earns a profit of $ 10 per a bag of basmati rice sold and a loss of $ 5 per bag of non basmati



I) he sells 3000bags of basmati rice and 5000 bags of non basmati rice in a month what his profit and loss in a month

2) what is the number of basmati rice bags he must sell to have neither profit and loss if the number of bags of non basmati rice is sold is 6400 ?
​

Answer 1

Answer:

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.

Answer 2

Answer:

1) The merchant had profit of $ 5000 in a month.

2) The merchant should sell 3200 bags of basmati rice to have neither profit and loss.