Q28. A cement company earns a profit of Rs. 8 per bag of white cement sold and a loss of Rs. 5 per bag of grey cement sold. The company sells 3,000 bags of white cement and 5,000 bags of grey cement in a month. What is its profit or loss.
Answers
Answer:
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
Answer:
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