what's is the number of basmati rice bags must sell to have neither profit nor loss,if the number of bags of non basmati rice sold is 6400
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Step-by-step explanation:
loss on one non-basmati bag=Rs5
loss on 6400 bags=5*6400
=Rs32,000
For no profit no loss,
profit=loss
profit=Rs32,000
Rs 10 profit earned on 1 bag
Rs32,000 profit earned on,
10
1
×32000 =3200
So,3200 bags of basmati rice must be sold.
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