A cement company earns a profit of $₹\ 9$ per bag of white cement sold and a loss of $₹\ 5$ per bag of grey cement sold. The company sells $7000$ bags of white cement and $6000$ bags of grey cement for a month. What is its profit or loss?


Given: Profit for selling each white cement bag $=₹\ 9$ and Loss for selling each grey cement bag $=₹\ 5$.

To do: To find the profit or loss if the company sells $7000$ bags of white cement and $6000$ bags of grey cement for a month.

Solution:

Bags of white cement sold by the company $=7,000$

Bags of grey cement sold by the company $=6,000$

Therefore, profit earned by the company $=7,000\times9=₹\ 63,000$

Loss incurred by the company $=6,000\times5=₹\ 30,000$

Here $Profit=₹\ 63,000$ is more than $loss=₹\ 30,000$

Therefore, profit earned by the company$=₹\ 63,000-₹\ 30,000=₹\ 33,000$
 

Updated on: 10-Oct-2022

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