1.

A cement company earns a profit of 8 per bag of white cement sold and a loss of 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 ?

Answer»

Profit on white cement = Rs +8 

Loss on grey cement = Rs -5 

∴ Profit on 1 bag of white cement = Rs 8 

Profit on 3,000 bags of white cement = Rs 8 × 3000 = Rs 24,000 

Loss on 1 bag cement = Rs -5 

Loss on 5000 bags grey cement = Rs -5 × 5000 

= Rs -25000 

Total profit / loss = Total profit + Total loss 

= 24000 + (-2500) = 24000 – 25000 

∴ Total loss = -1000



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