A merchant on selling rice earns a profit of 10 perbag of basmati rice

1.	A merchant on selling rice earns a profit of 10 perbag of basmati rice sold and a loss of 25 per bag ofnon-basmati rice.(0) He sells 3,000 bags of basmati rice and 5,000bags of non-basmati rice in a month. What is hisprofit or loss in a month?(ii) What is the number of basmati rice bags he must sell to have neither profit nor loss, ifthe number of bags of non-basmati rice sold is 6,400.
Answer» 1. Profit= 300010=Rs.30000loss=50005=250002. As profit is double of loss therefore,the no. of bags of basmati rice sold should be 3200 1)profit of 3000 basmati bags=300010=30000rsLoss of 5000 non basmati rice=50005=25000rsSo, profit =30000-25000=5000rs

A merchant on selling rice earns a profit of 10 perbag of basmati rice sold and a loss of 25 per bag ofnon-basmati rice.(0) He sells 3,000 bags of basmati rice and 5,000bags of non-basmati rice in a month. What is hisprofit or loss in a month?(ii) What is the number of basmati rice bags he must sell to have neither profit nor loss, ifthe number of bags of non-basmati rice sold is 6,400.

Answer»

1. Profit= 3000*10=Rs.30000loss=5000*5=250002. As profit is double of loss therefore,the no. of bags of basmati rice sold should be 3200

1)profit of 3000 basmati bags=3000*10=30000rsLoss of 5000 non basmati rice=5000*5=25000rsSo, profit =30000-25000=5000rs