Question

cement company earns a profit of 8
per bag of white cement sold and a loss of 5 of grey cement sold.per bag.

A) The company sells 3000 bags of white cement and 5000 bags of grey cement in a month. What is its profit or loss?

B) What is the number of white cement bags it must sell to have neither profit nor loss, if the number of grey cement bag sold is 6400

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Answer 1

Answer:A. The company sells 3000 bags of white cement and 5000 bags of grey cement in a month.What is the profit or loss?

Solution :

Given: 

Profit for selling each white cement bag = Rs. 8

Loss for selling each grey cement bag = Rs. 5

Bags of white cement sold by the company = 3,000

Bags of grey cement sold by the company = 5,000

Hence profit earned by the company = 3,000 × 8 = Rs.24,000

Loss incurred by the company = 5,000 × 5 = Rs. 25,000

25,000 is greater than 24,000, Hence there is a loss of Rs. 100 for the company.

B.What is the number of white cement bags it must sell to have neither profit nor loss if the number of grey cement bags sold is 6400 bags?

Solution: 

To find: The required the number of white cement bags to equal the amount.

Given: Total grey cement bags = 6,400.

Now, the loss incurred by the company = 6,400 × 5 = 32,000

Hence, to make the amounts equal, the profit should also be the same. 

Therefore, the profit is Rs. 32,000

No. of white cement bags = 32,000 ÷ 8

That is equal to 4,000

So, the required no. of white cement bags to equal the amount are 4,000.

Hope this answer might help yo

Answer 2

Step-by-step explanation:

a) Total profit = 3000 x 8 = 24000

   Total loss = 5000 x 5 = 25000

Thus, there is a loss.

So for calculating the loss;

25000-24000 = 1000

So the company had a loss of -Rs. 1000.

b) We have 6400 bags of grey cement.

So its a loss.

Loss per bag = Rs. 5

Total loss = 6400 x 5 = 32,000

To find the profit;

=> 32,000 / 8

=> 4000

Hence the company needs to sell at-least 4000 bags of white cement to have neither profit nor loss.

I hope that my Answer is correct ;-D