Question

A merchant on selling rice earns a profit of `10 per
bag of basmati rice sold and a loss of `5 per bag of
non-basmati rice.
(i) He sells 3,000 bags of basmati rice and 5,000
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 bags of non-basmati rice sold is 6,400

Answer 1

Answer:

1) he has profit of '5000

2) no of basmati rice bags=3200 bags

Step-by-step explanation:

1) profit(basmati rice)=3000*'10='30000

Loss(non-basmati rice)=5000*'5='25000

So profit is difference of 2(basmati rice is high)='5000

2) loss(non-basmati rice) =6400*'5='32000

So no of bags of basmati rice='32000/10=3200 bags