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Question

A merchant on selling rice earns on profit rs. 10 per bag of basmati rice sold and loss of 5 per bag of non- basmati rice.
He sells 3000 bags of basmati rice and 5000 bags of non - basmati rice in month. What is his profit or loss in month?
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Solution

profit on one bag=Rs10
Profit on 3000 bags=10*3000
=Rs30,000
loss on one non-basmati bag=Rs5
loss on 5000 bags=5*5000
=Rs25,000

So total profit=30,000-25,000
=Rs5,000

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