Question

in one season smasha leased one hectare of land for sh 6000 she planted 3 bags of maize seed which she had bought for sh 700 each she all spented sh 2500 on ploughining sh on ploughing sh 1500 on planting sh 4200 on ferterlizer and sh 1500 onharvesting 70 bags of maize which she saoild for sh 1200per bag whst profit did she makE

Answer 1

Answer: She made a profit of SH 66200

Step-by-step explanation:

Total Cost of production on maize = sh 6000 (lease) + sh700*3 (maize seeds) + sh2500 (ploughing) + sh1500 (planting) + sh4200 (fertilizer) + sh1500 (harvesting)

Total cost of production = sh 17800

Total earnings = 70 bags * sh1200 = sh84000

Profit = Cost - Earnings = sh84000 - sh17800 = sh 66200