Question

Question 8(a)
A cement company earns a profit of Rs 8 per bag of white cements old and a loss of Rs 5 per bag of grey cements old.
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 1

Profit is denoted by a positive integer and loss is denoted by a negative integer.
Profit earned while selling 1 bag of white cement = Rs 8
Profit earned while selling 3000 bags of white cement = 8 $\times$ 3000
=24000
Loss incurred while selling 1 bag of grey cement = - Rs 5
Loss incurred while selling 5000 bags of grey cement = - 5 $\times$ 5000
= - 25000
Total profit/loss earned = Profit + Loss
= 24000 + (-25000) = -1000
Therefore, a loss of Rs 1000 will be incurred by the company.