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Lalitabai sowed seeds worth Rs 13700 in her field. She had to spend Rs 5300 on fertilizers and spraying pesticides and Rs 7160 on labor. If, on selling her produce, she earned Rs 35400 what was her profit or her loss? |
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Answer» Cost price of seeds = Rs 13700 Cost of fertilizers and pesticides = Rs 5300 Labor cost = Rs 7160 ∴ Total cost price = Cost price of seeds + Cost of fertilizers and pesticides + Labor cost = 13700 + 5300 + 7160 = Rs 26160 Selling price = Rs 35400 Selling price is greater than the total cost price. ∴ Lalitabai made a profit. Profit = Selling price – Cost price = 35400 – 26160 = Rs 9240 ∴ Lalitabai made a profit of Rs 9240. |
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