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A cement company earns a profit Rs 8 per bags of white cement sold and a loss of Rs 5 per bag of grey cement sold. (a) The company sels 3,000 bags of white cement and 5,000 bags of grey cement in a month. What is its profit or loss? (b) What is the number of white cement bags it must sell to have neither profit no loss, if the number of grey bags sold is 6,400 bags.?
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A cement company earns a profit Rs 8 per bags of white cement sold and...
A. The company sells 3000 bags of white cement and 5000 bags of grey cement in a month.What is the profit or loss?Solution :Given:Profit for selling each white cement bag = Rs. 8Loss for selling each grey cement bag = Rs. 5Bags of white cement sold by the company = 3,000Bags of grey cement sold by the company = 5,000Hence profit earned by the company = 3,000 x 8 = Rs.24,000Loss incurred by the company = 5,000 x 5 = Rs. 25,00025,000 is greater than 24,000, Hence there is a loss of Rs. 100 for the company.B. What is the number of white cement bags it must sell to have neither profit nor loss if the number of grey cement bags sold is 6400 bags?Solution:To find: The required the number of white cement bags to equal the amount.Given: Total grey cement bags = 6,400.Now, the loss incurred by the company = 6,400 x 5 = 32,000Hence, to make the amounts equal, the profit should also be the same.Therefore, the profit is Rs. 32,000No. of white cement bags = 32,000/8That is equal to 4,000So, the required no. of white cement bags to equal the amount are 4,000.
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A cement company earns a profit Rs 8 per bags of white cement sold and...
Profit or Loss Calculation:
- Profit per bag of white cement = Rs 8
- Loss per bag of grey cement = Rs 5
- Bags of white cement sold = 3,000
- Bags of grey cement sold = 5,000
(a) Profit or Loss Calculation:
Total profit from white cement = 8 x 3,000 = Rs 24,000
Total loss from grey cement = 5 x 5,000 = Rs 25,000
Net profit or loss = 24,000 - 25,000 = Rs -1,000
Therefore, the company incurred a loss of Rs 1,000.
Break-even Calculation:
- Let x be the number of white cement bags to be sold for neither profit nor loss.
- Grey cement bags sold = 6,400
(b) Break-even Calculation:
Total profit from white cement = 8x
Total loss from grey cement = 5 x 6,400 = Rs 32,000
To have neither profit nor loss:
8x = 32,000
x = 32,000 / 8
x = 4,000
Therefore, the company must sell 4,000 bags of white cement to have neither profit nor loss when 6,400 bags of grey cement are sold.
- Profit per bag of white cement = Rs 8
- Loss per bag of grey cement = Rs 5
- Bags of white cement sold = 3,000
- Bags of grey cement sold = 5,000
(a) Profit or Loss Calculation:
Total profit from white cement = 8 x 3,000 = Rs 24,000
Total loss from grey cement = 5 x 5,000 = Rs 25,000
Net profit or loss = 24,000 - 25,000 = Rs -1,000
Therefore, the company incurred a loss of Rs 1,000.
Break-even Calculation:
- Let x be the number of white cement bags to be sold for neither profit nor loss.
- Grey cement bags sold = 6,400
(b) Break-even Calculation:
Total profit from white cement = 8x
Total loss from grey cement = 5 x 6,400 = Rs 32,000
To have neither profit nor loss:
8x = 32,000
x = 32,000 / 8
x = 4,000
Therefore, the company must sell 4,000 bags of white cement to have neither profit nor loss when 6,400 bags of grey cement are sold.
Community Answer
A cement company earns a profit Rs 8 per bags of white cement sold and...
4000
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A cement company earns a profit Rs 8 per bags of white cement sold and a loss of Rs 5 per bag of grey cement sold. (a) The company sels 3,000 bags of white cement and 5,000 bags of grey cement in a month. What is its profit or loss? (b) What is the number of white cement bags it must sell to have neither profit no loss, if the number of grey bags sold is 6,400 bags.?
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A cement company earns a profit Rs 8 per bags of white cement sold and a loss of Rs 5 per bag of grey cement sold. (a) The company sels 3,000 bags of white cement and 5,000 bags of grey cement in a month. What is its profit or loss? (b) What is the number of white cement bags it must sell to have neither profit no loss, if the number of grey bags sold is 6,400 bags.? for Class 7 2024 is part of Class 7 preparation. The Question and answers have been prepared according to the Class 7 exam syllabus. Information about A cement company earns a profit Rs 8 per bags of white cement sold and a loss of Rs 5 per bag of grey cement sold. (a) The company sels 3,000 bags of white cement and 5,000 bags of grey cement in a month. What is its profit or loss? (b) What is the number of white cement bags it must sell to have neither profit no loss, if the number of grey bags sold is 6,400 bags.? covers all topics & solutions for Class 7 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A cement company earns a profit Rs 8 per bags of white cement sold and a loss of Rs 5 per bag of grey cement sold. (a) The company sels 3,000 bags of white cement and 5,000 bags of grey cement in a month. What is its profit or loss? (b) What is the number of white cement bags it must sell to have neither profit no loss, if the number of grey bags sold is 6,400 bags.?.
A cement company earns a profit Rs 8 per bags of white cement sold and a loss of Rs 5 per bag of grey cement sold. (a) The company sels 3,000 bags of white cement and 5,000 bags of grey cement in a month. What is its profit or loss? (b) What is the number of white cement bags it must sell to have neither profit no loss, if the number of grey bags sold is 6,400 bags.? for Class 7 2024 is part of Class 7 preparation. The Question and answers have been prepared according to the Class 7 exam syllabus. Information about A cement company earns a profit Rs 8 per bags of white cement sold and a loss of Rs 5 per bag of grey cement sold. (a) The company sels 3,000 bags of white cement and 5,000 bags of grey cement in a month. What is its profit or loss? (b) What is the number of white cement bags it must sell to have neither profit no loss, if the number of grey bags sold is 6,400 bags.? covers all topics & solutions for Class 7 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A cement company earns a profit Rs 8 per bags of white cement sold and a loss of Rs 5 per bag of grey cement sold. (a) The company sels 3,000 bags of white cement and 5,000 bags of grey cement in a month. What is its profit or loss? (b) What is the number of white cement bags it must sell to have neither profit no loss, if the number of grey bags sold is 6,400 bags.?.
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A cement company earns a profit Rs 8 per bags of white cement sold and a loss of Rs 5 per bag of grey cement sold. (a) The company sels 3,000 bags of white cement and 5,000 bags of grey cement in a month. What is its profit or loss? (b) What is the number of white cement bags it must sell to have neither profit no loss, if the number of grey bags sold is 6,400 bags.?, a detailed solution for A cement company earns a profit Rs 8 per bags of white cement sold and a loss of Rs 5 per bag of grey cement sold. (a) The company sels 3,000 bags of white cement and 5,000 bags of grey cement in a month. What is its profit or loss? (b) What is the number of white cement bags it must sell to have neither profit no loss, if the number of grey bags sold is 6,400 bags.? has been provided alongside types of A cement company earns a profit Rs 8 per bags of white cement sold and a loss of Rs 5 per bag of grey cement sold. (a) The company sels 3,000 bags of white cement and 5,000 bags of grey cement in a month. What is its profit or loss? (b) What is the number of white cement bags it must sell to have neither profit no loss, if the number of grey bags sold is 6,400 bags.? theory, EduRev gives you an
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