Question

A company earns a profit of rupees 9 per bag of white cement and a loss of rupees 5 per bag of Grey cement sold

(I) The company sells 7000 bags of white cement and 6000 bags of Grey Cement in a month. what is the profit or loss

(II) what is the number of white cement bags it must sell to have neither profit nor loss if the number of Grey bags sold is 5400

Answer 1

Profit for selling each white cement bag = Rs. 9
Loss for selling each grey cement bag = Rs. 5
(1)
Bags of white cement sold by the company = 7,000
Bags of grey cement sold by the company = 6,000

Hence profit earned by the company = 7,000 ×9 = Rs.63,000
Loss incurred by the company = 6,000 × 5 = Rs. 30,000

here profit is greater than loss so, the company got profit
profit =63,000-30,000=33,000

(ii)Now, the loss incurred by the company = 5,400 × 5 = 27,000
Hence, to make the amounts equal, the profit should also be the same.
Therefore, the profit is Rs. 27,000

No. of white cement bags = 27,000 ÷ 9=3000
That is equal to 3,000