Question

Lalitabai sowed seeds worth ₹ 13700 in her field. She had to spend ₹ 5300 on fertilizers and spraying pesticides and ₹ 7160 on labour. If, on selling her produce, she earned ₹ 35400 what was her profit or her loss?

Answer 1

total expense = 13700+5300+7160= 26160
total earn = 35400
so profit = 35400-26160= 9240 Rs

Answer 2

Answer:

Profit of Rs 9240

Step-by-step explanation:

Lalitabai sowed seeds worth ₹ 13700 in her field. She had to spend ₹ 5300 on fertilizers and spraying pesticides and ₹ 7160 on labour. If, on selling her produce, she earned ₹ 35400

Cost of seeds = Rs 13700

Cost spend on fertilizers & Pesticides = Rs 5300

Cost of Labour = Rs 7160

Net effective cost = Cost of seeds  + Cost spend on fertilizers & pesticides + Labour cost

=>Net effective cost = 13700 + 5300 + 7160 = Rs 26160

Selling Price = Rs 35400

35400 > 26160

Selling Price > Cost Price => Profit

Profit = Selling Price - Cost Price

=> Profit = 35400 - 26160  =   Rs 9240