At Oruma Cooperative Society, $100$ kilogram of wheat grains was brought at $25$ rupees a kilogram. $500$ rupees was spent in washing, drying, grinding and packaging. $100$ packets were made, to be sold at $35$ rupees a packet. $20$ packets of powder was spoiled and the remaining sold. Did they make a profit or suffer a loss in this sale? How much?

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Solution

Wheat $100 k g \to R s .25$

Spent cost $R s .500$

Packets $100 \to R s .35$ each

Packets spoiled $20$

Cost:

Wheat $100 \times 25 = 2500$

Other expenses $= 500$

Total $= 2500 + 500 = 3000$

Sales $= 100 - 20 = 80$ (packets)

Revenue $= 80 \times 35 = 2800$

Profit $= r e v e n u e - c o s t$

$= 2800 - 3000 = - 200$

Therefore the loss is $R s . 200$

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Wheat 100kg→Rs.25Spent cost Rs.500Packets 100→Rs.35 eachPackets spoiled 20Cost:Wheat 100×25=2500Other expenses =500Total =2500+500=3000Sales =100−20=80 (packets)Revenue =80×35=2800Profit =revenue−cost=2800−3000=−200Therefore the loss is Rs.200