Question

b. If the number of grey cement bags.
sold is 6000, how many bags of
white cement should the company
sell to have neither gain or loss?

Answer 1

Answer:

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Step-by-step explanation:

Profit gained by 1 bag of white cement = Rs 8

Loss of 1 bag of grey cement = Rs 5

(i) Profit from selling 3000 white cement bags = Rs 3000\times8\ =\ 24000

(ii) Loss from selling 5000 grey cement bags = Rs 5000\times5=\ 25000

since 24000<25000

profit\ <\ loss\

Therefore, his total loss on selling the grey cement bags = loss\ -\ profit\

25000-24000\ =\ 1000

Thus, company has lost of Rs 1000 on selling the grey cement bags.

(b)

Let the no. of white cement bags be 'x'

According to the question

Loss = Profit

Therefore, 5\times6400\ =\ x\ \times8

\frac{5\times6400}{8}=\ x

x=\ 4000