A rice company earns a profit of 15 per bag of Type I rice sold and a loss of Rs 10 per bag of Type II rice sold. If the company sells 2000 bags of Type I rice and 1000 bags of Type II rice in a month, then find the overall profit or loss.

Options

A. Profit, Rs 10000
B. Loss, Rs 15000
C. Profit, Rs 20000
D. Loss, Rs 10000

Answer

To find the overall profit or loss for the rice company, we can break down the problem into a few steps:

### Step 1: Calculate the profit from Type I rice
- The profit per bag of Type I rice is Rs 15.
- The company sells 2000 bags of Type I rice.

**Calculation:**
Profit from Type I rice = Profit per bag × Number of bags sold
= Rs 15 × 2000
= Rs 30,000

### Step 2: Calculate the loss from Type II rice
- The loss per bag of Type II rice is Rs 10.
- The company sells 1000 bags of Type II rice.

**Calculation:**
Loss from Type II rice = Loss per bag × Number of bags sold
= Rs 10 × 1000
= Rs 10,000

### Step 3: Calculate the overall profit or loss
To find the overall profit or loss, we subtract the total loss from the total profit.

**Calculation:**
Overall profit or loss = Profit from Type I rice - Loss from Type II rice
= Rs 30,000 - Rs 10,000
= Rs 20,000

### Conclusion
The company makes an overall profit of Rs 20,000.

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