A cement company earns a profit of Rs.8 per bag of white cement sold and a loss of Rs.5 per bag of grey cement sold. if the company sells 3000 bags of white cement and 5000 bags of grey cement in a month. What is its profit or loss
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Solution
Profit per bag of white cement Rs.8.
Profit for selling 3000 bag of white cementRs.8×3000=Rs.24000
Loss per bag of white cement Rs.5.
Loss for selling 5000 bag of white cementRs.5×5000=Rs.25000