Bhimrao bought seeds of wheat worth ₹ 20,500 and sowed in his field. He spent ₹ 9700 on labour and , ₹ 5600 on pesticides and fertilizers. He sold the wheat produced for ₹ 28640. What was his profit or loss per cent?

Bhimrao bought seeds of wheat worth ₹ 20,500 and sowed in his field.

1.	Bhimrao bought seeds of wheat worth ₹ 20,500 and sowed in his field. He spent ₹ 9700 on labour and , ₹ 5600 on pesticides and fertilizers. He sold the wheat produced for ₹ 28640. What was his profit or loss per cent?
Answer» SOLUTION :BHIMRAO INCURRED a LOSS of `20%`.