Question 4 A cement company earns a profit of Rs 8 per bag of white cement sold and a loss of Rs 5 per bag of grey cement sold. (a) The company sells 3,000 bags of white cement and 5,000 bags of grey cement in a month. What is its profit or loss?
Profit on white cement = Rs +8
Loss on grey cement = Rs −5
Profit on 1 bag of white cement = Rs 8
Profit on 3000 bags of white cement = Rs 8 × 3000
= Rs 24000
Loss on 1 bag grey cement = Rs −5
Loss on 5000 bags grey cement = Rs −5 × 5000
= Rs – 25000
Total profit / loss = Total profit + Total loss
= 24000 + (−25000)
= 24000 − 25000
= −(−24000 + 25000)
= −(25000 − 24000)
= −1000
∴ Total loss of Rs 1000
Question 4 A cement company earns a profit of Rs 8 per bag of white cement sold and a loss of Rs5 per bag of grey cement sold. (b) What is the number of white cement bags it must sell to have neither profit nor loss, if the number of grey bags sold is 6,400 bags.Loss on 1 bag grey cement = Rs −5
Loss on 6400 bag grey cement = Rs −5 × 6400
= Rs −32000
Let number of bags of white cement = x
Profit on 1 bag white cement = Rs 8
Profit on x bags white cement = Rs 8x
Now,
Total profit/loss = 0
Total profit + Total loss = 0
8x + (−32000) = 0
8x − 32000 = 0
8x = 32000
x = 32000/8
x = 4000
∴ Number of bags of white cement = x = 4000
Made by
Davneet Singh
Davneet Singh has done his B.Tech from Indian Institute of Technology, Kanpur. He has been teaching from the past 14 years. He provides courses for Maths, Science and Computer Science at Teachoo
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