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.
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

We are given that a cement company earns a profit of $Rs.8$ per bag of white cement sold.

now, company sells $3,000$ bags of white cement in a month. So,

Total earn by company is, $3000\times 8=24,000Rs$

Now, we are also given that a cement company loss of $Rs.5$ per bag or grey cement sold.

now company sells $5000$ bags of grey cement in a month. So,

Total Loss by company is, $5000\times 5=25,000Rs$

Now, the lossing parts is greater than the earning part. So company having loss

i.e, $24000-25000=-100<0$

So, company having loss of $Rs.100$