Question

A merchant on selling rice earns a profit of 10 per bag of basmathi rice sold and a loss 5 per bag of non- basmathi rice. He sells 3000 bags of basmathi rice and 5000 bags of non-basmathi rice in a month .what is his profit or loss.

Answer 1

Profit on each basmati rice bag=10 rs
No.of basmati rice bags sold=3000 bags
Total profit on basmati rice=3000*10=30,000

Loss on each non basmati rice bags=5 rs
No.of non basmati  rice bags sold=5000
Total loss on non basmati rice=5000*5=25,000

30,000>25,000=profit>loss
Therefore profit=30,000-25,000
                          =5,000
Ans =profit=5,000

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.