Question

A cement company earns a profit of Rs. $9$ per bag of white cement sold and a loss of Rs. $5$ per bag of grey cement sold.. The company sells $7000$ bags of white cement and $6000$ bags of grey cement in a month. What is its profit or loss?

• A. Loss $33,000$
• B. Profit $32,000$
• C. Profit $33,000$
• D. Loss $32,000$

Answer 1

The correct option is C Profit $33,000$

Profit on white cement bag $=Rs.+9$

Loss on grey cement bag $=Rs.-5$

Profit on $1$ bag of white cement $=Rs.9$

Profit on $7000$ bags of white cement $=9\times 7000=Rs.63000$

Loss on $1$ bag of grey cement $=Rs.-5$

Loss on $6000$ bag of grey cement $=(-5)\times 6000=Rs.-30000$

Now, Total profit/loss $=$ Total profit $+$ Total loss

$=63000+(-30000)$

$=33000$

$\therefore$ Total Profit $=Rs.33000$

So, $\text{C}$ is the correct option.