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# 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?

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Solution

## Step 1: Find the profit earn by the companyProfit gained while selling $1$ bag of white cement$=₹8$Profit gained while selling $3000$ bags of white cement $=8×3000\phantom{\rule{0ex}{0ex}}=₹24000$Step 2: Find the loss suffered by the companyThe loss suffered while selling $1$ bag of grey cement$=₹5$The loss suffered while selling $5000$ bags of grey cement$=5×5000\phantom{\rule{0ex}{0ex}}=₹25000$Step 3: Find the net profit or lossWe indicate profit in positive integer and loss in negative integer.Total profit or loss gained$=\mathrm{Profit}+\mathrm{Loss}$ $=24000+\left(-25000\right)\phantom{\rule{0ex}{0ex}}=-1000$Since the loss suffered by the company is greater that the profit gain.Therefore, a loss of $₹1000$ will be suffered by the company.  Suggest Corrections  2      Similar questions  Explore more