A merchant on selling rice earns a profit of ₹10per 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.
please answer
it is to important
Answers
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Step-by-step explanation:
Given:
profit of Rs.10 per bag of basmati rice
loss of Rs.5 per bag of non-basmati rice
i) 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
ii) Let x be the number of bags of basmati rice
10x=6,400×5
10x=32,000
x=
10
32000
x=3,200 bags of basmati rice.
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