Question

A Shopkeeper earns a profit of Rs. 20 on a white concent bag and a loss 10 of Rs. 5 on a grey cement bag. If he sell a 250 bags of white cement and 600 bags of a grey cement. Calculate overall profit or loss in this transaction.​

Answer 1

Profit earned in white cement bags = Rs 20

Profit earned in black cement bags = -5 Rs

250 x 20 = 5000

600 x -5 = -3000

5000 + -3000 = 2000

Therefore there was a profit of 2000 Rs