In an industrial area there is a factory which makes pens and pencils. The employees of this factory are very hard working . Every year the factory earns a huge profit. This factory earns a profit of Rs.8 on each pack of pencils sold, while suffers a loss of Rs.5 on each pack of pens sold. The factory sells 3000 packs of pencils and 5000 packs of pens in a month.What is its profit or loss?
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In an industrial area there is a factory which makes pens and pencils. The employees of this factory are very hard working . Every year the factory earns a huge profit. This factory earns a profit of Rs.8 on each pack of pencils sold, while suffers a loss of Rs.5 on each pack of pens sold. The factory sells 3000 packs of pencils and 5000 packs of pens in a month.What is its profit or loss?
Answer-
It had a loss of Rs. 1000
Explanation-
Profit earn on each pack of pencils sold = Rs.8
No. of pack of pencils sold= 3000
Profit on pack of pencils sold = 3000 × Rs.8 = Rs. 24000
Loss earn on each pack of pen sold = Rs.5
No. of pack of pen sold= 5000
Loss on pack of pen sold = 5000 × Rs.5 = Rs. 25000
Loss = Rs. 25000 - Rs. 24000 = Rs. 1000
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