Question

A grain wholesaler earns a profit of rupees 12 per bag of wheat sold and loss of rupees 8 per bag of rice sold. what is the number of wheat bags he must sell to have neither profit nor loss ,if the number of rice bags sold is 2400 bags ?

Answer 1

Let 'x' be the number of wheat bags he must sell to have neither profit nor loss

if the number of rice bags sold is 2400 bags
loss for one bag of rice is Rs.8

so for 2400 bag ;
loss = 2400×8 = 19200

so he wants to make 19200 profit to have neither profit nor loss.

So for one bag of wheat he makes profit 12.


12x=19200
x= 19200/12 =1600

so he must sell 1600 bags of wheat to make neither profit nor loss