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Question

A mearchant on selling rice earns profit Rs 10 per bag of basmati rice sold and a loss of Rs 5 per bag of non basmati rice.
What is the number of basmati rice bags he must sell to have neither profit nor loss, If the number of bags of non- basmati rice sold is 6400
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Solution

loss on one non-basmati bag=Rs5
loss on 6400 bags=5*6400
=Rs32,000

For no profit no loss,

profit=loss
profit=Rs32,000

Rs 10 profit earned on 1 bag
Rs32,000 profit earned on,
110×32000 =3200
So,3200 bags of basmati rice must be sold.
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