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Question

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

Total loss=Rs.(2500024000)=Rs.1000

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