A company gains profit of RS 12 per each piece of pen and loss of RS 8 per each box of pencil .the company sells 2500 pieces of pen and 4000 boxes of pencil of in month. What is the profit or loss?
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Solution
Total number of pens company sold that month = 2500 profit selling one pen = 12₹
total profit selling all pens = 2500* 12 =30000₹
total number of pencil boxes company sold that month = 4000
loss selling one pencil box =8₹ total loss selling all pencil boxes = 4000*8= 32000
profit or loss company had that month is = total profit of pen -total loss of pencil box = 30000-32000 =-2000 the negative sign indicates that the company had a loss of 2000₹ thatckomth