A cement company earns a profit of ` 9 per bag of white cement sold and a loss of
` 5 per bag of grey cement sold.
(i) The company sells 7000 bags of white cement and 6000 bags of grey cement in a
month. What is its profit or loss?
(ii) What is the number of white cement bags it must sell to have neither profit nor
loss, if the number of grey bags sold is 5400.
` 5 per bag of grey cement sold.
(i) The company sells 7000 bags of white cement and 6000 bags of grey cement in a
month. What is its profit or loss?
(ii) What is the number of white cement bags it must sell to have neither profit nor
loss, if the number of grey bags sold is 5400.
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Answer:
Profit = ` 63000
Loss = ` 30000
Step-by-step explanation:
A cement company earns a profit of ` 9 per bag of white cement
Number of white cement bags they sold = 7000
Therefore , their total profit = 7000 × 9 = ` 63000
The cement company makes a loss of ` 5 per bag of grey cement
Number of grey cement bags they sold = 6000
Therefore , their total loss = 6000 × 5 = ` 30000